What is AT&T's finance lease liabilities?

AT&T (T) reported finance lease liabilities of $1.19B in Q4 2025.

How has AT&T's finance lease liabilities changed year-over-year?

AT&T's finance lease liabilities decreased by 3.6% year-over-year, from $1.24B to $1.19B.

What is the long-term trend for AT&T's finance lease liabilities?

Over 5 years (2020 to 2025), AT&T's finance lease liabilities has grown at a -8.4% compound annual growth rate (CAGR), from $1.85B to $1.19B.

What does finance lease liabilities mean?

Long-term debt-like payments for equipment that the company will eventually own or use for most of its life.

Finance Lease Liabilities

Non-Current Liabilities

AT&T Finance Lease Liabilities decreased by 3.6% to $1.19B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from $1.24B to $1.19B. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities shows a downward trend with a -8.4% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryLeverage

SignalContext dependent

VolatilityStable

First reportedQ4 2023

Last reportedQ4 2025

How to read this metric

An increase suggests a preference for lease-based financing of capital expenditures over direct debt issuance or cash purchases.

Detailed definition

The long-term portion of obligations under finance leases, excluding the amount due within one year. These represent lon...

Peer comparison

This is a critical metric for comparing the capital intensity and financing strategies of cloud and logistics peers.

Metric ID: finance_lease_liabilities

Historical Data

13 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q4 '24	Q4 '25
Value	$1.61B	$1.57B	$1.48B	$1.51B	$1.54B	$1.48B	$1.65B	$1.76B	$1.81B	$1.66B	$1.66B	$1.24B	$1.19B
QoQ Change	—	-2.0%	-5.7%	+1.7%	+2.2%	-4.3%	+11.6%	+6.7%	+3.0%	-8.2%	-0.5%	-25.3%	-3.6%
YoY Change	—	—	—	—	-4.0%	-6.2%	+11.0%	+16.5%	+17.4%	+12.7%	+0.5%	-25.3%	-3.6%

Range$1.19B – $1.81B

CAGR-9.5%

Avg YoY Growth+2.1%

Median YoY Growth+0.5%

Current Streak4 quarters decline

Frequently Asked Questions

What is AT&T's finance lease liabilities?: AT&T (T) reported finance lease liabilities of $1.19B in Q4 2025.
How has AT&T's finance lease liabilities changed year-over-year?: AT&T's finance lease liabilities decreased by 3.6% year-over-year, from $1.24B to $1.19B.
What is the long-term trend for AT&T's finance lease liabilities?: Over 5 years (2020 to 2025), AT&T's finance lease liabilities has grown at a -8.4% compound annual growth rate (CAGR), from $1.85B to $1.19B.
What does finance lease liabilities mean?: Long-term debt-like payments for equipment that the company will eventually own or use for most of its life.