Operating Income

Operating Income

American Tower Operating Income increased by 6.8% to $1.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.2%, from $1.25B to $1.24B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 11.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

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$849.20M$827.50M$626.60M$725.10M$782.30M$652.90M$192.00M$775.60M$873.70M$658.70M$612.80M$1.14B$1.16B$1.14B$1.08B$1.25B$1.20B$1.23B$1.16B$1.24B
QoQ Change-2.6%-24.3%+15.7%+7.9%-16.5%-70.6%+304.0%+12.6%-24.6%-7.0%+86.2%+1.3%-1.5%-5.2%+16.1%-4.5%+3.0%-5.9%+6.8%
YoY Change-7.9%-21.1%-69.4%+7.0%+11.7%+0.9%+219.2%+47.1%+32.3%+72.9%+76.3%+9.9%+3.6%+8.3%+7.5%-1.2%
Range$192.00M$1.25B
CAGR+8.3%
Avg YoY Growth+24.8%
Median YoY Growth+7.9%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
U.S. & Canada$1.05B$1.05B$1.04B$1.06B$1.04B$1.06B$1.05B$1.02B
Property, Latin America$290.60M$246.00M$262.70M$255.50M$237.90M$255.50M$280.10M$316.20M
Africa & APAC$214.20M$212.90M$238.20M$235.00M$239.80M
Data Centers$112.60M$113.00M$115.10M$121.90M$139.90M$140.00M$160.40M$152.30M
Property, Europe$114.60M$119.50M$111.20M$121.20M$131.50M$137.50M$133.70M$150.90M
Services$20.80M$22.40M$25.50M$33.30M$44.90M$41.10M$18.90M$23.80M
Asia-Pacific$170.70M$2.20M$443.50M
Property, Africa$182.10M$188.00M
Total$1.16B$1.14B$1.08B$1.25B$1.20B$1.23B$1.16B$1.24B

Asia-Pacific, Property, Africa were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is American Tower's operating income?
American Tower (AMT) reported operating income of $1.24B in Q1 2026.
How has American Tower's operating income changed year-over-year?
American Tower's operating income decreased by 1.2% year-over-year, from $1.25B to $1.24B.
What is the long-term trend for American Tower's operating income?
Over 4 years (2021 to 2025), American Tower's operating income has grown at a 11.5% compound annual growth rate (CAGR), from $3.13B to $4.85B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.