Operating Expenses

SG&A

AT&T SG&A decreased by 1.1% to $7.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $7.15B to $7.32B. Over 4 years (FY 2021 to FY 2025), SG&A shows a downward trend with a -6.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: selling_general_and_administrative

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$9.36B$9.21B$9.99B$9.37B$7.27B$7.20B$5.13B$7.18B$7.01B$7.21B$7.49B$7.02B$7.04B$6.96B$7.39B$7.15B$6.95B$7.45B$7.40B$7.32B
QoQ Change-1.6%+8.5%-6.3%-22.4%-0.9%-28.8%+40.0%-2.3%+2.8%+3.9%-6.2%+0.3%-1.2%+6.2%-3.3%-2.8%+7.3%-0.8%-1.1%
YoY Change-22.4%-21.8%-48.7%-23.4%-3.5%+0.0%+46.0%-2.1%+0.5%-3.4%-1.3%+1.8%-1.4%+7.1%+0.1%+2.4%
Range$5.13B$9.99B
CAGR-5.1%
Avg YoY Growth-4.4%
Median YoY Growth-1.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is AT&T's sg&a?
AT&T (T) reported sg&a of $7.32B in Q1 2026.
How has AT&T's sg&a changed year-over-year?
AT&T's sg&a increased by 2.4% year-over-year, from $7.15B to $7.32B.
What is the long-term trend for AT&T's sg&a?
Over 4 years (2021 to 2025), AT&T's sg&a has grown at a -6.5% compound annual growth rate (CAGR), from $37.94B to $28.94B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.