American Tower AMT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Data Centers | $288.9M+18.4% | $280.5M+19.0% | $266.6M+14.1% | $261.9M+13.5% | $244.1M+8.7% | |
| Property, Europe | $260.7M+22.4% | $248.4M+16.0% | $243.6M+14.5% | $232.7M+14.5% | $213M+4.2% | |
| Property, Latin America | $480.1M+20.3% | $437.5M+3.9% | $416.5M+3.4% | $389.4M-13.2% | $399.2M-10.4% | |
| U.S. & Canada | $1.33B-3.2% | $1.39B+1.6% | $1.42B+3.6% | $1.41B+3.2% | $1.37B+2.4% | |
| Operating Income (Loss) by Business | ||||||
| Africa & APAC | $239.8M+12.0% | $235M+17.8% | $238.2M+25.2% | $212.9M+15.8% | $214.2M+15.2% | |
| Data Centers | $152.3M+24.9% | $160.4M+39.4% | $140M+23.9% | $139.9M+24.2% | $121.9M+6.5% | |
| Property, Europe | $150.9M+24.5% | $133.7M+20.2% | $137.5M+15.1% | $131.5M+14.7% | $121.2M+5.2% | |
| Property, Latin America | $316.2M+23.8% | $280.1M+6.6% | $255.5M+3.9% | $237.9M-18.1% | $255.5M-7.9% | |
| Services | $23.8M-28.5% | $18.9M-25.9% | $41.1M+83.5% | $44.9M+116% | $33.3M+192% | |
| U.S. & Canada | $1.02B-3.8% | $1.05B+1.2% | $1.06B+0.8% | $1.04B-1.0% | $1.06B-1.2% | |
| Total Assets by Business | ||||||
| Africa & APAC | $4.25B+4.1% | $4.15B+3.9% | $4.46B+3.5% | $4.23B+0.3% | $4.08B-4.6% | |
| Data Centers | $10.82B+3.5% | $10.7B+2.6% | $10.73B+2.6% | $10.71B+2.2% | $10.45B-0.1% | |
| Property, Europe | $12.82B+8.2% | $12.85B+14.1% | $12.9B+7.1% | $12.88B+11.4% | $11.85B+1.5% | |
| Property, Latin America | $8.55B+7.8% | $8.42B+12.6% | $8.55B+2.0% | $8.37B-1.3% | $7.93B-12.8% | |
| Services | $112.9M-14.1% | $124.7M+9.7% | $147.8M+59.4% | $139M+88.3% | $131.5M+95.1% | |
| Property | $62.86B+2.8% | —— | $63.57B+2.3% | $63.09B+2.4% | $61.15B-2.0% | |
| U.S. & Canada | $26.43B-1.5% | $26.8B+0.2% | $26.93B0.0% | $26.89B+0.1% | $26.84B-0.1% | |
| Gross Profit by Business | ||||||
| Africa & APAC | $258.5M+10.3% | $253.6M+18.1% | $256.7M+23.3% | $231.8M+15.1% | $234.3M+15.4% | |
| Data Centers | $176.8M+22.1% | $184.2M+34.2% | $162.7M+21.9% | $159M+20.9% | $144.8M+9.9% | |
| Property, Europe | $168.2M+22.8% | $156.1M+19.4% | $154.3M+15.5% | $146.1M+12.4% | $137M+4.6% | |
| Property, Latin America | $346.3M+25.2% | $305.9M+3.5% | $284.2M+3.5% | $265M-15.1% | $276.5M-9.4% | |
| Services | $29.1M-26.7% | $27.2M-14.7% | $47.3M+72.0% | $51.4M+102% | $39.7M+144% | |
| U.S. & Canada | $1.06B-3.7% | $1.1B+1.2% | $1.1B+0.8% | $1.08B-0.9% | $1.1B-0.9% | |
| Property lease revenue by Business | ||||||
| Data Centers | $247.7M+19.0% | $240.4M+19.4% | $227.9M+14.1% | $225.1M+13.7% | $208.2M+7.9% | |
| Europe | $257.1M+22.3% | $245.1M+13.9% | $242.7M+16.5% | $229.3M+15.8% | $210.2M+4.6% | |
| Latin America | $449.7M+20.5% | $402.7M+2.3% | $387.8M+2.8% | $361.3M-14.2% | $373.2M-10.5% | |
| U.S. & Canada | $1.19B-2.5% | $1.25B+2.3% | $1.25B-0.4% | $1.23B-0.3% | $1.22B-1.1% | |
| Segment operating expenses by Business | ||||||
| Africa & APAC | $120.1M+20.9% | $128.6M+36.4% | $114.1M+20.9% | $104.5M+6.9% | $99.3M+5.6% | |
| Data Centers | $112.1M+12.9% | $96.3M-2.1% | $103.9M+3.7% | $102.9M+3.6% | $99.3M+6.9% | |
| Property, Europe | $92.5M+21.7% | $92.3M+10.5% | $89.3M+12.8% | $86.6M+18.3% | $76M+3.4% | |
| Property, Latin America | $133.8M+9.0% | $131.6M+5.0% | $132.3M+3.2% | $124.4M-8.8% | $122.7M-12.5% | |
| Services | $38.5M+10.3% | $37.2M+17.0% | $53.8M+116% | $48.1M+119% | $34.9M+151% | |
| U.S. & Canada | $206.3M+2.0% | $228.1M+3.2% | $217.4M-3.3% | $222.2M+0.7% | $202.3M-1.0% | |
| Selling, general, administrative and development expense by Business | ||||||
| Africa & APAC | $18.7M-7.0% | $18.6M+21.6% | $18.5M+2.8% | $18.9M+7.4% | $20.1M+17.5% | |
| Data Centers | $24.5M+7.0% | $23.8M+7.2% | $22.7M+10.7% | $19.1M+1.1% | $22.9M+33.1% | |
| Property, Europe | $17.3M+9.5% | $22.4M+14.9% | $16.8M+19.1% | $14.6M-5.2% | $15.8M0.0% | |
| Property, Latin America | $30.1M+43.3% | $25.8M-21.6% | $28.7M+0.3% | $27.1M+24.9% | $21M-24.5% | |
| Services | $5.3M-17.2% | $8.3M+29.7% | $6.2M+21.6% | $6.5M+41.3% | $6.4M+30.6% | |
| U.S. & Canada | $38.3M-2.5% | $44.8M+3.5% | $41.2M+0.5% | $41.3M+2.7% | $39.3M+7.4% | |
| Effect of foreign currency translation by Business | ||||||
| Africa & APAC | -$12.4M-348% | —— | $8.8M+203% | $11.4M+293% | $5M+72.4% | |
| Data Centers | $0— | $0— | $0— | $0— | $0— | |
| Property, Europe | -$53.3M-142% | $3.4M+102% | $0-100% | $268.3M+1,372% | $128.2M+286% | |
| Property, Latin America | $3.5M-86.7% | $9.7M+119% | $17.1M+390% | $41.8M+165% | $26.3M+309% | |
| Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. & Canada | -$600K— | $600K+121% | —— | $2.5M+600% | $0+100% | |
| CapEx by Business | ||||||
| Africa & APAC | $51.4M-5.5% | $76.1M+6.4% | $51.9M+14.3% | $45.4M-27.5% | $54.4M-33.2% | |
| Data Centers | $226M+74.8% | $248M+93.9% | $192.9M-8.7% | $95M+12.2% | $129.3M+6.8% | |
| Europe | $53.1M+16.2% | $87.2M+9.1% | $89.9M+48.8% | $60.8M+2.7% | $45.7M-8.8% | |
| Latin America | $39.9M+57.1% | $40.4M-25.6% | $39.8M+8.2% | $32.5M-4.1% | $25.4M-48.4% | |
| Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. & Canada | $84.3M+0.5% | $139.4M+21.0% | $95.6M+43.5% | $76.6M+16.2% | $83.9M+18.3% | |
| GOODWILL by Business | ||||||
| Africa & APAC | $509.5M-1.1% | $521.9M+1.0% | $535.6M— | $526.8M— | $515.4M— | |
| Data Centers | $2.92B0.0% | $2.92B0.0% | $2.92B0.0% | $2.92B0.0% | $2.92B0.0% | |
| Property, Europe | $3.19B+6.8% | $3.25B+13.5% | $3.24B+5.4% | $3.26B+10.0% | $2.99B+0.2% | |
| Property, Latin America | $931M+8.4% | $927.5M+11.4% | $917.8M+4.0% | $900.7M+1.4% | $858.9M-9.9% | |
| Services | $2M0.0% | $2M0.0% | $2M0.0% | $2M0.0% | $2M0.0% | |
| U.S. & Canada | $4.64B0.0% | $4.64B0.0% | $4.64B0.0% | $4.64B0.0% | $4.63B-0.1% | |
| Segment revenues by Product | ||||||
| Property Revenue | $2.67B+7.3% | $2.67B+7.6% | $2.62B+5.9% | $2.53B+1.2% | $2.49B+0.2% | |
| Services | $67.6M-9.4% | $64.4M+1.1% | $101.1M+92.9% | $99.5M+110% | $74.6M+147% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Non Lease Property Revenue | $148.5M-1.9% | $155.4M+2.8% | $145.3M+5.3% | $144.2M-3.2% | $151.4M+6.0% | |
| Services Revenue | $67.6M-9.4% | $64.4M+1.1% | $101.1M+92.9% | $99.5M+110% | $74.6M+147% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does American Tower break its business down?
- American Tower (AMT) reports revenue from contract with customer, excluding assessed tax by business across 4 parts — Data Centers, Property, Europe, Property, Latin America and U.S. & Canada. Each is extracted from the segment footnotes and tracked over time.
- Where does American Tower's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in American Tower's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
