Non-Current Assets

PP&E (Net)

AT&T PP&E (Net) increased by 1.2% to $133.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $128.45B to $133.12B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows relatively stable performance with a 1.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 27, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

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$123.59B$124.42B$121.65B$127.16B$125.14B$127.05B$127.45B$128.46B$128.78B$128.50B$128.49B$127.85B$127.77B$127.96B$128.87B$128.45B$129.09B$129.92B$131.56B$133.12B
QoQ Change+0.7%-2.2%+4.5%-1.6%+1.5%+0.3%+0.8%+0.3%-0.2%-0.0%-0.5%-0.1%+0.2%+0.7%-0.3%+0.5%+0.6%+1.3%+1.2%
YoY Change+1.2%+2.1%+4.8%+1.0%+2.9%+1.1%+0.8%-0.5%-0.8%-0.4%+0.3%+0.5%+1.0%+1.5%+2.1%+3.6%
Range$121.65B$133.12B
CAGR+1.6%
Avg YoY Growth+1.3%
Median YoY Growth+1.1%
Current Streak4 quarters growth

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Europe$249.00M$201.00M$166.00M$139.00M$126.00M
Asia/Pacific Rim$136.00M$124.00M$99.00M$82.00M$68.00M
Latin America$74.00M$67.00M$60.00M$54.00M
Other$32.00M$23.00M$20.00M$36.00M$33.00M
Total$121.65B$127.45B$128.49B$128.87B$131.56B

Frequently Asked Questions

What is AT&T's pp&e (net)?
AT&T (T) reported pp&e (net) of $133.12B in Q1 2026.
How has AT&T's pp&e (net) changed year-over-year?
AT&T's pp&e (net) increased by 3.6% year-over-year, from $128.45B to $133.12B.
What is the long-term trend for AT&T's pp&e (net)?
Over 5 years (2020 to 2025), AT&T's pp&e (net) has grown at a 1.7% compound annual growth rate (CAGR), from $121.10B to $131.56B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.