Stock Analysis on Net

AT&T Inc. (NYSE:T)

$24.99

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

AT&T Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents
Accounts receivable, net of related allowances for credit loss
Inventories
Prepaid and other current assets
Assets from discontinued operations
Current assets
Noncurrent inventories and theatrical film and television production costs
Property, plant and equipment
Accumulated depreciation and amortization
Property, plant and equipment, net
Goodwill, net
Licenses, net
Distribution networks, net
Other intangible assets, net
Intangible assets, net
Investments in and advances to equity affiliates
Operating lease right-of-use assets
Deposits on wireless licenses
Other assets
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


Total assets experienced a significant contraction in the second quarter of 2022, falling from a peak of 577,195 million USD in March 2022 to 426,433 million USD in June 2022. Following this adjustment, the total asset base stabilized, fluctuating between approximately 393,000 million USD and 423,000 million USD through March 2026.

Liquidity and Current Assets
Cash and cash equivalents demonstrate extreme volatility, peaking at 38,565 million USD in March 2022 before dropping sharply to 4,018 million USD in June 2022. A recovery trend is observed toward the end of the period, with balances reaching 20,272 million USD by September 2025. Simultaneously, accounts receivable have followed a consistent downward trajectory, decreasing from 16,971 million USD in March 2021 to 8,335 million USD by March 2026.
Fixed Assets and Infrastructure Investment
Gross property, plant and equipment show a steady upward trend, increasing from 322,534 million USD in March 2021 to 349,454 million USD in March 2026. However, net property, plant and equipment remained relatively flat over the five-year period, moving from 124,607 million USD to 133,124 million USD, suggesting that capital investments were largely offset by accumulated depreciation and amortization.
Intangible Assets and Goodwill
A substantial devaluation of intangible assets occurred in mid-2022. Goodwill, net decreased from 133,247 million USD in March 2022 to 92,746 million USD in June 2022, eventually stabilizing around 63,838 million USD by March 2026. Other intangible assets saw a more abrupt decline, falling from 33,233 million USD in March 2022 to approximately 5,300 million USD in June 2022. In contrast, net licenses showed consistent growth, rising from 87,947 million USD in March 2021 to 129,144 million USD in March 2026.
Noncurrent Asset Composition
Total noncurrent assets mirrored the overall balance sheet contraction in 2022, dropping from 500,339 million USD in March 2022 to 391,948 million USD in June 2022. For the remainder of the observed period, noncurrent assets maintained a tight range, ending at 374,906 million USD in March 2026. Operating lease right-of-use assets remained relatively stable, fluctuating slightly between 20,582 million USD and 24,415 million USD.

Assets: Selected Items


Current Assets: Selected Items