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American Tower AMT Data Centers — Segment operating expenses

Other segment segments

U.S. & Canada
$220.4M-0.8%
Africa & APAC
$146.8M+40.5%
Latin America
$130.8M+5.1%
Europe
$96.1M+11.0%
Services
$33.4M-30.6%

Similar metrics at other companies

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GLXYData Centers — Operating Expenses
$4.6M+58.6%
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GLXYData Centers — Other expenses
$1.49M+288%
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AMDDatacenter — Segment Reporting, Other Segment Item, Amount
$3.26B+43.3%
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AMDData Center — Total Costs & Expenses
$4.18B+52.3%
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GLXYData Centers — Transaction expenses
$0
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SLNHData Center Hosting — Segment operating (loss) income
$1.1M+102%

Other financials

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

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Market cap$81.29B-16.7%
Enterprise value$124.52B+18.0%
P/E23.1×-50.3×
P/S7.4×-2.1×

Profitability

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Gross margin99.5%
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×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: American Tower’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Tower's data centers — segment operating expenses?
American Tower (AMT) reported data centers — segment operating expenses of $113.8M in Q2 2026.
How has American Tower's data centers — segment operating expenses changed year-over-year?
American Tower's data centers — segment operating expenses increased by 10.6% year-over-year, from $102.9M to $113.8M.
What is the long-term trend for American Tower's data centers — segment operating expenses?
Over 4 years (2021 to 2025), American Tower's data centers — segment operating expenses has grown at a 157.9% compound annual growth rate (CAGR), from $9.1M to $402.4M.
What does data centers — segment operating expenses mean?
This includes all direct costs associated with operating data centers, such as utilities, maintenance, property taxes, and site-level personnel. It is a critical measure of the cost efficiency of the segment's operations.