Business Segments · Property lease revenue

Data Centers — Property lease revenue

American Tower Data Centers — Property lease revenue increased by 3.0% to $247.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $208.20M to $247.70M. Over 4 years (FY 2021 to FY 2025), Data Centers — Property lease revenue shows an upward trend with a 153.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

Growth reflects successful occupancy expansion or contract renewals, whereas a decline may signal competitive pressure or loss of anchor tenants.

Detailed definition

This metric captures the portion of data center revenue derived specifically from the leasing of physical space and powe...

Peer comparison

Commonly reported by REITs to distinguish between recurring lease income and ancillary service revenue.

Metric ID: amt_segment_data_centers_property_lease_revenue

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$2.50M$2.70M$14.20M$158.50M$165.10M$166.90M$170.10M$174.70M$176.60M$182.30M$184.60M$193.00M$198.00M$199.70M$201.40M$208.20M$225.10M$227.90M$240.40M$247.70M
QoQ Change+8.0%+425.9%>999%+4.2%+1.1%+1.9%+2.7%+1.1%+3.2%+1.3%+4.6%+2.6%+0.9%+0.9%+3.4%+8.1%+1.2%+5.5%+3.0%
YoY Change>999%>999%>999%+10.2%+7.0%+9.2%+8.5%+10.5%+12.1%+9.5%+9.1%+7.9%+13.7%+14.1%+19.4%+19.0%
Range$2.50M$247.70M
CAGR+163.2%
Avg YoY Growth+864.6%
Median YoY Growth+11.3%
Current Streak19+ quarters growth

Frequently Asked Questions

What is American Tower's data centers — property lease revenue?
American Tower (AMT) reported data centers — property lease revenue of $247.70M in Q1 2026.
How has American Tower's data centers — property lease revenue changed year-over-year?
American Tower's data centers — property lease revenue increased by 19.0% year-over-year, from $208.20M to $247.70M.
What is the long-term trend for American Tower's data centers — property lease revenue?
Over 4 years (2021 to 2025), American Tower's data centers — property lease revenue has grown at a 153.3% compound annual growth rate (CAGR), from $21.90M to $901.60M.
What does data centers — property lease revenue mean?
Revenue generated specifically from leasing data center floor space and power.