Operating

Pension Expense

AT&T Pension Expense increased by 0.3% to -$396.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from -$397.00M to -$396.00M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows an upward trend with a -19.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026Apr 27, 2026

How to read this metric

Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.

Detailed definition

Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...

Peer comparison

Standard adjustment for companies with legacy defined benefit pension plans.

Metric ID: pension_and_postretirement_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$929.00M-$973.00M-$981.00M-$940.00M-$795.00M-$794.00M-$708.00M-$670.00M-$671.00M-$625.00M-$586.00M-$471.00M-$470.00M-$471.00M-$471.00M-$397.00M-$397.00M-$397.00M-$397.00M-$396.00M
QoQ Change-4.7%-0.8%+4.2%+15.4%+0.1%+10.8%+5.4%-0.1%+6.9%+6.2%+19.6%+0.2%-0.2%+0.0%+15.7%+0.0%+0.0%+0.0%+0.3%
YoY Change+14.4%+18.4%+27.8%+28.7%+15.6%+21.3%+17.2%+29.7%+30.0%+24.6%+19.6%+15.7%+15.5%+15.7%+15.7%+0.3%
Range-$981.00M-$396.00M
CAGR-16.4%
Avg YoY Growth+19.4%
Median YoY Growth+17.8%
Current Streak6 quarters growth

Frequently Asked Questions

What is AT&T's pension expense?
AT&T (T) reported pension expense of -$396.00M in Q1 2026.
How has AT&T's pension expense changed year-over-year?
AT&T's pension expense increased by 0.3% year-over-year, from -$397.00M to -$396.00M.
What is the long-term trend for AT&T's pension expense?
Over 4 years (2021 to 2025), AT&T's pension expense has grown at a -19.9% compound annual growth rate (CAGR), from -$3.86B to -$1.59B.
What does pension expense mean?
Non-cash accounting charges related to employee pension and retirement benefit plans.