Business Segments · Segment operating expenses
Services — Segment operating expenses
American Tower Services — Segment operating expenses increased by 3.5% to $38.5M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $34.9M to $38.5M. Over 4 years (FY 2021 to FY 2025), Services — Segment operating expenses shows an upward trend with a 15.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 28, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to revenue may signal declining operational efficiency or rising labor costs.
Detailed definition
Includes all direct and indirect costs incurred to support the delivery of services within the segment, excluding corpor...
Peer comparison
Comparable to SG&A and direct cost structures in service-oriented infrastructure firms.
Metric ID:
amt_segment_services_segment_operating_expensesHistorical Data
20 periods
| 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 | $24.6M | $30.9M | $30.2M | $27.9M | $28.9M | $27.7M | $22.9M | $19.1M | $17.2M | $12.5M | $11.3M | $13.9M | $22M | $24.9M | $31.8M | $34.9M | $48.1M | $53.8M | $37.2M | $38.5M |
| QoQ Change | — | +25.6% | -2.3% | -7.6% | +3.6% | -4.2% | -17.3% | -16.6% | -9.9% | -27.3% | -9.6% | +23.0% | +58.3% | +13.2% | +27.7% | +9.7% | +37.8% | +11.9% | -30.9% | +3.5% |
| YoY Change | — | — | — | — | +17.5% | -10.4% | -24.2% | -31.5% | -40.5% | -54.9% | -50.7% | -27.2% | +27.9% | +99.2% | +181.4% | +151.1% | +118.6% | +116.1% | +17.0% | +10.3% |
Range$11.3M – $53.8M
CAGR+9.9%
Avg YoY Growth+31.2%
Median YoY Growth+13.6%
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Frequently Asked Questions
- What is American Tower's services — segment operating expenses?
- American Tower (AMT) reported services — segment operating expenses of $38.5M in Q1 2026.
- How has American Tower's services — segment operating expenses changed year-over-year?
- American Tower's services — segment operating expenses increased by 10.3% year-over-year, from $34.9M to $38.5M.
- What is the long-term trend for American Tower's services — segment operating expenses?
- Over 4 years (2021 to 2025), American Tower's services — segment operating expenses has grown at a 15.8% compound annual growth rate (CAGR), from $96.7M to $174M.
- What does services — segment operating expenses mean?
- The total costs required to operate the services business segment.