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.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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.