At&T annual capital expenditures (capex)
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At&T Capital Expenditures (CapEx) Growth & History (T)
At&T's capital expenditures (capex) was $20.84B for fiscal 2025.
View full At&T company overviewAt&T annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.84B | $579.0M | +2.86% |
| 2024 | 2024-12-31 | $20.26B | $2.41B | +13.50% |
| 2023 | 2023-12-31 | $17.85B | −$1.77B | −9.03% |
| 2022 | 2022-12-31 | $19.63B | $4.08B | +26.25% |
| 2021 | 2021-12-31 | $15.54B | $855.0M | +5.82% |
| 2020 | 2020-12-31 | $14.69B | −$4.95B | −25.18% |
| 2019 | 2019-12-31 | $19.64B | −$1.62B | −7.60% |
| 2018 | 2018-12-31 | $21.25B | $604.0M | +2.93% |
| 2017 | 2017-12-31 | $20.65B | −$869.0M | −4.04% |
| 2016 | 2016-12-31 | $21.52B | $2.30B | +11.96% |
| 2015 | 2015-12-31 | $19.22B | −$1.98B | −9.34% |
| 2014 | 2014-12-31 | $21.20B | $255.0M | +1.22% |
| 2013 | 2013-12-31 | $20.94B | $1.48B | +7.60% |
| 2012 | 2012-12-31 | $19.46B | −$645.0M | −3.21% |
| 2011 | 2011-12-31 | $20.11B | $580.0M | +2.97% |
| 2010 | 2010-12-31 | $19.53B | $2.98B | +17.98% |
| 2009 | 2009-12-31 | $16.55B | −$3.08B | −15.67% |
| 2008 | 2008-12-31 | $19.63B | $1.91B | +10.80% |
| 2007 | 2007-12-31 | $17.72B | — | — |
At&T quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.70B | $803.0M | +16.40% |
| Q1 2026 | 2026-03-31 | $4.88B | $600.0M | +14.03% |
| Q4 2025 | 2025-12-31 | $6.78B | −$62.0M | −0.91% |
| Q3 2025 | 2025-09-30 | $4.89B | −$415.0M | −7.83% |
| Q2 2025 | 2025-06-30 | $4.90B | $537.0M | +12.32% |
| Q1 2025 | 2025-03-31 | $4.28B | $519.0M | +13.81% |
| Q4 2024 | 2024-12-31 | $6.84B | $2.24B | +48.73% |
| Q3 2024 | 2024-09-30 | $5.30B | $655.0M | +14.10% |
| Q2 2024 | 2024-06-30 | $4.36B | $90.0M | +2.11% |
| Q1 2024 | 2024-03-31 | $3.76B | −$577.0M | −13.31% |
| Q4 2023 | 2023-12-31 | $4.60B | $372.0M | +8.80% |
| Q3 2023 | 2023-09-30 | $4.65B | −$1.27B | −21.52% |
| Q2 2023 | 2023-06-30 | $4.27B | −$638.0M | −13.00% |
| Q1 2023 | 2023-03-31 | $4.33B | −$233.0M | −5.10% |
| Q4 2022 | 2022-12-31 | $4.23B | $735.0M | +21.04% |
| Q3 2022 | 2022-09-30 | $5.92B | $1.45B | +32.46% |
| Q2 2022 | 2022-06-30 | $4.91B | $1.36B | +38.33% |
| Q1 2022 | 2022-03-31 | $4.57B | $535.0M | +13.27% |
| Q4 2021 | 2021-12-31 | $3.49B | $2.09B | +148.33% |
| Q3 2021 | 2021-09-30 | $4.47B | $619.0M | +16.07% |
| Q2 2021 | 2021-06-30 | $3.55B | −$918.0M | −20.56% |
| Q1 2021 | 2021-03-31 | $4.03B | −$933.0M | −18.79% |
| Q4 2020 | 2020-12-31 | $1.41B | −$2.38B | −62.90% |
| Q3 2020 | 2020-09-30 | $3.85B | −$1.45B | −27.35% |
| Q2 2020 | 2020-06-30 | $4.47B | −$955.0M | −17.62% |
| Q1 2020 | 2020-03-31 | $4.97B | −$155.0M | −3.03% |
| Q4 2019 | 2019-12-31 | $3.79B | −$764.0M | −16.77% |
| Q3 2019 | 2019-09-30 | $5.30B | −$435.0M | −7.58% |
| Q2 2019 | 2019-06-30 | $5.42B | $419.0M | +8.38% |
| Q1 2019 | 2019-03-31 | $5.12B | −$836.0M | −14.03% |
| Q4 2018 | 2018-12-31 | $4.56B | −$335.0M | −6.85% |
| Q3 2018 | 2018-09-30 | $5.74B | $730.0M | +14.58% |
| Q2 2018 | 2018-06-30 | $5.00B | $36.0M | +0.72% |
| Q1 2018 | 2018-03-31 | $5.96B | $173.0M | +2.99% |
| Q4 2017 | 2017-12-31 | $4.89B | −$1.34B | −21.53% |
| Q3 2017 | 2017-09-30 | $5.01B | −$575.0M | −10.30% |
| Q2 2017 | 2017-06-30 | $4.97B | −$285.0M | −5.43% |
| Q1 2017 | 2017-03-31 | $5.78B | $1.33B | +29.95% |
| Q4 2016 | 2016-12-31 | $6.23B | $371.0M | +6.33% |
| Q3 2016 | 2016-09-30 | $5.58B | $553.0M | +11.00% |
| Q2 2016 | 2016-06-30 | $5.25B | $771.0M | +17.21% |
| Q1 2016 | 2016-03-31 | $4.45B | $603.0M | +15.67% |
| Q4 2015 | 2015-12-31 | $5.86B | $1.49B | +34.14% |
| Q3 2015 | 2015-09-30 | $5.03B | −$152.0M | −2.93% |
| Q2 2015 | 2015-06-30 | $4.48B | −$1.45B | −24.49% |
| Q1 2015 | 2015-03-31 | $3.85B | −$1.87B | −32.68% |
| Q4 2014 | 2014-12-31 | $4.37B | −$1.01B | −18.76% |
| Q3 2014 | 2014-09-30 | $5.18B | −$720.0M | −12.20% |
| Q2 2014 | 2014-06-30 | $5.93B | $520.0M | +9.61% |
| Q1 2014 | 2014-03-31 | $5.72B | $1.46B | +34.43% |
| Q4 2013 | 2013-12-31 | $5.38B | −$467.0M | −7.99% |
| Q3 2013 | 2013-09-30 | $5.90B | $1.02B | +20.98% |
| Q2 2013 | 2013-06-30 | $5.41B | $932.0M | +20.80% |
| Q1 2013 | 2013-03-31 | $4.25B | −$9.0M | −0.21% |
| Q4 2012 | 2012-12-31 | $5.85B | $361.0M | +6.58% |
| Q3 2012 | 2012-09-30 | $4.88B | −$343.0M | −6.57% |
| Q2 2012 | 2012-06-30 | $4.48B | −$791.0M | −15.00% |
| Q1 2012 | 2012-03-31 | $4.26B | $128.0M | +3.10% |
| Q4 2011 | 2011-12-31 | $5.49B | −$875.0M | −13.76% |
| Q3 2011 | 2011-09-30 | $5.22B | −$94.0M | −1.77% |
| Q2 2011 | 2011-06-30 | $5.27B | $564.0M | +11.98% |
| Q1 2011 | 2011-03-31 | $4.13B | $985.0M | +31.29% |
| Q4 2010 | 2010-12-31 | $6.36B | $840.0M | +15.22% |
| Q3 2010 | 2010-09-30 | $5.31B | $1.30B | +32.29% |
| Q2 2010 | 2010-06-30 | $4.71B | $864.0M | +22.48% |
| Q1 2010 | 2010-03-31 | $3.15B | −$25.0M | −0.79% |
| Q4 2009 | 2009-12-31 | $5.52B | — | — |
| Q3 2009 | 2009-09-30 | $4.02B | −$1.05B | −20.74% |
| Q2 2009 | 2009-06-30 | $3.84B | — | — |
| Q1 2009 | 2009-03-31 | $3.17B | — | — |
| Q3 2008 | 2008-09-30 | $5.07B | — | — |
At&T capital expenditures (capex) trends
Over the last five fiscal years, At&T's capital expenditures (capex) increased from $14.69B to $20.84B, a change of $6.15B. The latest reported quarter, Q2 2026, shows $5.70B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review At&T source filings ↗