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American Tower AMT Services — Operating Income (Loss)

Other segment segments

U.S. & Canada
$1.01B-3.0%
Latin America
$287.1M+20.7%
Africa & APAC
$246.3M+15.7%
Data Centers
$156.6M+11.9%
Europe
$147.4M+12.1%

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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:OperatingIncomeLoss.

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 services — operating income (loss)?
American Tower (AMT) reported services — operating income (loss) of $22.2M in Q2 2026.
How has American Tower's services — operating income (loss) changed year-over-year?
American Tower's services — operating income (loss) decreased by 50.6% year-over-year, from $44.9M to $22.2M.
What is the long-term trend for American Tower's services — operating income (loss)?
Over 4 years (2021 to 2025), American Tower's services — operating income (loss) has grown at a 0.7% compound annual growth rate (CAGR), from $134.4M to $138.2M.
What does services — operating income (loss) mean?
Represents the profit or loss generated by the Services segment after deducting all operating expenses, including direct costs and allocated administrative expenses. It serves as the primary indicator of the segment's operational health.