American TowerAMTEarnings & Financial Report
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
AMT Q1 FY2026 Key Financial Metrics
Revenue
$2.7B
Gross Profit
N/A
Operating Profit
$1.2B
Net Profit
$3.0B
Gross Margin
N/A
Operating Margin
45.3%
Net Margin
110.1%
YoY Growth
N/A
American Tower Q1 FY2026 Financial Summary
American Tower reported revenue of $2.7B for Q1 FY2026, with a net profit of $3.0B (110.1% margin).
Key Financial Metrics
| Total Revenue | $2.7B |
|---|---|
| Net Profit | $3.0B |
| Gross Margin | N/A |
| Operating Margin | 45.3% |
| Report Period | Q1 FY2026 |
American Tower Annual Revenue by Year
American Tower annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.6B).
American Tower Quarterly Revenue & Net Profit History
American Tower results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.7B | — | $3.0B | 110.1% |
| Q4 FY2025 | $2.7B | +7.5% | $836.8M | 30.6% |
| Q3 FY2025 | $2.7B | +7.7% | $912.6M | 33.6% |
| Q2 FY2025 | $2.6B | +3.2% | $380.5M | 14.5% |
| Q1 FY2025 | $2.6B | +2.0% | $498.6M | 19.5% |
| Q4 FY2024 | $2.5B | +3.7% | $1.2B | 48.3% |
| Q3 FY2024 | $2.5B | +0.0% | $-780.4M | -30.9% |
| Q2 FY2024 | $2.5B | +1.2% | $908.4M | 35.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.54B | $2.52B | $2.55B | $2.56B | $2.63B | $2.72B | $2.74B | $2.74B |
| YoY Growth | 1.2% | 0.0% | 3.7% | 2.0% | 3.2% | 7.7% | 7.5% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $65.84B | $62.82B | $61.08B | $62.06B | $63.75B | $63.89B | $63.19B | N/A |
| Liabilities | $55.41B | $52.62B | $51.43B | $52.12B | $53.28B | $53.12B | $52.84B | $53.08B |
| Equity | $3.86B | $3.64B | $3.38B | $3.53B | $3.71B | $3.95B | $3.65B | $10.15B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $1.34B | $1.47B | $5.29B | $1.29B | $1.28B | $1.46B | $5.46B |