Total Revenue
American Tower Total Revenue remained flat by 0.0% to $2.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $2.56B to $2.74B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 3.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates market expansion or higher demand, while a decrease may signal market saturation or competitive pressure.
Detailed definition
Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...
Peer comparison
Standard across all public companies; peers in the medical device and diagnostics sector typically show steady growth correlated with product adoption.
total_revenueHistorical Data
| 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 | $2.30B | $2.45B | $2.45B | $2.66B | $2.67B | $2.67B | $1.64B | $2.52B | $2.51B | $2.52B | $2.46B | $2.51B | $2.54B | $2.52B | $2.55B | $2.56B | $2.63B | $2.72B | $2.74B | $2.74B |
| QoQ Change | — | +6.8% | -0.4% | +8.8% | +0.5% | -0.1% | -38.6% | +53.7% | -0.2% | +0.3% | -2.6% | +2.3% | +1.3% | -0.9% | +1.0% | +0.6% | +2.5% | +3.4% | +0.7% | +0.0% |
| YoY Change | — | — | — | — | +16.3% | +8.8% | -33.0% | -5.3% | -6.0% | -5.6% | +49.8% | -0.3% | +1.2% | +0.0% | +3.7% | +2.0% | +3.2% | +7.7% | +7.5% | +6.8% |
Product Breakdown — Non Lease Property Revenue
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Non Lease Property Revenue | $149.00M | $138.00M | $151.10M | $151.40M | $144.20M | $145.30M | $155.40M | $148.50M |
| Services Revenue | $47.40M | $52.40M | $63.70M | $74.60M | $99.50M | $101.10M | $64.40M | $67.60M |
| Total | $2.54B | $2.52B | $2.55B | $2.56B | $2.63B | $2.72B | $2.74B | $2.74B |
Product Breakdown — Property Revenue
| Segment | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '25 |
|---|---|---|---|---|---|
| Property Revenue | $2.38B | $2.60B | $2.61B | $2.61B | $2.49B |
| Services | $67.20M | $59.50M | $59.80M | $61.60M | $74.60M |
| Total | $2.45B | $2.66B | $2.67B | $2.67B | $2.56B |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Property | $2.50B | $2.47B | $2.48B | $2.49B | $2.53B | $2.62B | $2.67B | $2.67B |
| U.S. & Canada | $1.36B | $1.37B | $1.37B | $1.37B | $1.41B | $1.42B | $1.39B | $1.33B |
| Property, Latin America | $448.70M | $402.80M | $420.90M | $399.20M | $389.40M | $416.50M | $437.50M | $480.10M |
| Data Centers | $230.80M | $233.70M | $235.70M | $244.10M | $261.90M | $266.60M | $280.50M | $288.90M |
| Property, Europe | $203.20M | $212.80M | $214.20M | $213.00M | $232.70M | $243.60M | $248.40M | $260.70M |
| Services | $47.40M | $52.40M | $63.70M | $74.60M | $99.50M | $101.10M | $64.40M | $67.60M |
| Asia-Pacific | $360.90M | $5.70M | $1.19B | — | — | — | — | — |
| Property, Africa | $293.90M | $296.90M | — | — | — | — | — | — |
| Total | $2.54B | $2.52B | $2.55B | $2.56B | $2.63B | $2.72B | $2.74B | $2.74B |
Asia-Pacific, Network Development Services, Property, Africa were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Asia-Pacific | $298.00M | $249.20M | $251.10M | $261.70M | $4.80M | $326.60M | $360.90M | $5.70M |
| Total | $2.67B | $2.67B | $2.52B | $2.51B | $2.52B | $2.51B | $2.54B | $2.52B |
Asia-Pacific was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Revenue at Other Companies
Frequently Asked Questions
- What is American Tower's total revenue?
- American Tower (AMT) reported total revenue of $2.74B in Q1 2026.
- How has American Tower's total revenue changed year-over-year?
- American Tower's total revenue increased by 6.8% year-over-year, from $2.56B to $2.74B.
- What is the long-term trend for American Tower's total revenue?
- Over 4 years (2021 to 2025), American Tower's total revenue has grown at a 3.3% compound annual growth rate (CAGR), from $9.36B to $10.64B.
- What does total revenue mean?
- The total amount of money a company brings in from its primary business activities before any expenses.