What is AT&T's inventories?

AT&T (T) reported inventories of $2.45B in Q1 2026.

How has AT&T's inventories changed year-over-year?

AT&T's inventories decreased by 5.5% year-over-year, from $2.59B to $2.45B.

What is the long-term trend for AT&T's inventories?

Over 3 years (2022 to 2025), AT&T's inventories has grown at a -8.1% compound annual growth rate (CAGR), from $3.12B to $2.42B.

What does inventories mean?

The total value of unsold goods and materials held by the company.

Current Assets

Inventories

AT&T Inventories increased by 1.3% to $2.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $2.59B to $2.45B. Over 3 years (FY 2022 to FY 2025), Inventories shows a downward trend with a -8.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ4 2022

Last reportedQ1 2026Apr 27, 2026

How to read this metric

A decrease generally indicates strong sales velocity, while a significant increase may signal slowing demand or potential inventory obsolescence.

Detailed definition

This includes the value of raw materials, work-in-progress, and finished goods held by the company for sale in the ordin...

Peer comparison

Varies by industry; telecommunications companies typically hold lower inventory levels compared to retail or manufacturing firms.

Metric ID: inventories

Historical Data

14 periods

	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$3.12B	$2.79B	$2.35B	$2.52B	$2.18B	$2.13B	$1.82B	$2.53B	$2.27B	$2.59B	$2.36B	$2.89B	$2.42B	$2.45B
QoQ Change	—	-10.6%	-15.9%	+7.3%	-13.6%	-2.3%	-14.6%	+39.3%	-10.2%	+14.2%	-9.1%	+22.4%	-16.1%	+1.3%
YoY Change	—	—	—	—	-30.3%	-23.8%	-22.7%	+0.4%	+4.3%	+21.9%	+29.8%	+14.1%	+6.6%	-5.5%

Range$1.82B – $3.12B

CAGR-7.2%

Avg YoY Growth-0.5%

Median YoY Growth+2.3%

Inventories at Other Companies

Dycom IndustriesDY View metric

Motorola Solutions, Inc.MSI View metric

T-Mobile USTMUS View metric

MTZ

MasTecMTZ View metric

Frequently Asked Questions

What is AT&T's inventories?: AT&T (T) reported inventories of $2.45B in Q1 2026.
How has AT&T's inventories changed year-over-year?: AT&T's inventories decreased by 5.5% year-over-year, from $2.59B to $2.45B.
What is the long-term trend for AT&T's inventories?: Over 3 years (2022 to 2025), AT&T's inventories has grown at a -8.1% compound annual growth rate (CAGR), from $3.12B to $2.42B.
What does inventories mean?: The total value of unsold goods and materials held by the company.