Operating Expenses

SG&A

American Tower SG&A increased by 8.8% to $257.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.4%, from $237.50M to $257.40M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 3.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 28, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

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$207.20M$205.90M$215.90M$293.90M$222.90M$231.20M$154.10M$263.90M$244.40M$220.30M$245.20M$244.30M$218.30M$227.70M$243.10M$237.50M$233.70M$233.00M$236.50M$257.40M
QoQ Change-0.6%+4.9%+36.1%-24.2%+3.7%-33.3%+71.3%-7.4%-9.9%+11.3%-0.4%-10.6%+4.3%+6.8%-2.3%-1.6%-0.3%+1.5%+8.8%
YoY Change+7.6%+12.3%-28.6%-10.2%+9.6%-4.7%+59.1%-7.4%-10.7%+3.4%-0.9%-2.8%+7.1%+2.3%-2.7%+8.4%
Range$154.10M$293.90M
CAGR+4.7%
Avg YoY Growth+2.6%
Median YoY Growth+0.7%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
U.S. & Canada$40.20M$41.00M$43.30M$39.30M$41.30M$41.20M$44.80M$38.30M
Property, Latin America$21.70M$28.60M$32.90M$21.00M$27.10M$28.70M$25.80M$30.10M
Data Centers$18.90M$20.50M$22.20M$22.90M$19.10M$22.70M$23.80M$24.50M
Africa & APAC$20.10M$18.90M$18.50M$18.60M$18.70M
Property, Europe$15.40M$14.10M$19.50M$15.80M$14.60M$16.80M$22.40M$17.30M
Services$4.60M$5.10M$6.40M$6.40M$6.50M$6.20M$8.30M$5.30M
Asia-Pacific$16.20M$2.20M$61.40M
Property, Africa$15.40M$15.80M
Total$218.30M$227.70M$243.10M$237.50M$233.70M$233.00M$236.50M$257.40M

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 sg&a?
American Tower (AMT) reported sg&a of $257.40M in Q1 2026.
How has American Tower's sg&a changed year-over-year?
American Tower's sg&a increased by 8.4% year-over-year, from $237.50M to $257.40M.
What is the long-term trend for American Tower's sg&a?
Over 4 years (2021 to 2025), American Tower's sg&a has grown at a 3.8% compound annual growth rate (CAGR), from $811.60M to $940.70M.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.