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American Tower AMT Q2 2026 earnings

Reported July 28, 2026 · Before market open

Revenue$2.7BBeat by $49.6M
EPS$1.86Beat by $0.29
Revenue estimate$2.7B
EPS estimate$1.57

Next report

Oct 27, 2026 (In 3 weeks)
Revenue estimate$2.8B
EPS estimate$1.64

Financials

Q2 2026

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$75.05B-16.2%
Enterprise value$118.28B+21.0%
P/E21.4×-8.3×
P/S6.9×-1.7×

Profitability

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Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Segments

By segment

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Property$2.7B+6.3%
U.S. & Canada$1.3B-5.0%
Property, Latin America$441.6M+13.4%
Data Centers$297.1M+13.4%
Property, Europe$259.4M+11.5%

By product

See full
Non Lease Property Revenue$149.8M+3.9%
Services Revenue$61.3M-38.4%

FAQ

When did American Tower report Q2 2026 earnings?
American Tower (AMT) reported Q2 2026 earnings on July 28, 2026 before market open.
What were American Tower's Q2 2026 revenue and EPS?
American Tower reported revenue of $2.7B and eps of $1.86 for Q2 2026.
Did American Tower beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.7B by $49.6M. EPS beat the consensus estimate of $1.57 by $0.29.
How did American Tower's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.7% from $2.6B a year earlier and eps declined 28.5% from $2.60.
Where can I find American Tower's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001053507-26-000131) and the 10-Q periodic report (0001053507-26-000133) directly on SEC EDGAR. The filing index links above go to sec.gov.