American Tower AMT Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Data Centers | $1.1B+16.3% | $1.05B+13.9% | $1.01B+11.5% | $975.4M+10.6% | $944.3M+10.3% | |
| Property, Europe | $985.4M+16.9% | $937.7M+12.3% | $903.5M+12.1% | $872.7M+10.0% | $843.2M+7.0% | |
| Property, Latin America | $1.72B+3.1% | $1.64B-4.4% | $1.63B-6.1% | $1.61B-9.9% | $1.67B-6.1% | |
| U.S. & Canada | $5.54B+1.3% | $5.59B+2.7% | $5.57B+3.2% | $5.52B+2.6% | $5.47B+2.1% | |
| Operating Income (Loss) by Business | ||||||
| Africa & APAC | $925.9M+17.5% | $900.3M+18.5% | $864.8M+16.9% | $816.8M+12.0% | $787.7M+8.6% | |
| Data Centers | $592.6M+28.1% | $562.2M+23.5% | $516.9M+15.7% | $489.9M+12.0% | $462.6M+8.2% | |
| Property, Europe | $553.6M+18.7% | $523.9M+13.8% | $501.4M+13.1% | $483.4M+12.3% | $466.5M+10.6% | |
| Property, Latin America | $1.09B+3.3% | $1.03B-4.4% | $1.01B-6.3% | $1B-10.5% | $1.05B-4.6% | |
| Services | $128.7M+26.2% | $138.2M+72.5% | $144.8M+148% | $126.1M+189% | $102M+134% | |
| U.S. & Canada | $4.17B-0.7% | $4.21B-0.1% | $4.2B-0.5% | $4.19B-1.1% | $4.2B-0.6% | |
| Total Assets by Business | ||||||
| Africa & APAC | $17.09B+2.9% | $16.92B+0.7% | $16.76B— | $16.62B— | $16.6B— | |
| Data Centers | $42.95B+2.7% | $42.58B+1.8% | $42.31B+1.0% | $42.04B+0.3% | $41.82B-0.4% | |
| Property, Europe | $51.46B+10.1% | $50.49B+8.4% | $48.91B+3.9% | $48.05B+3.8% | $46.74B+0.7% | |
| Property, Latin America | $33.89B+5.0% | $33.27B-0.5% | $32.33B-7.6% | $32.16B-9.3% | $32.27B-10.8% | |
| Services | $524.4M+27.4% | $543M+56.2% | $532M+84.3% | $476.9M+73.3% | $411.7M+35.3% | |
| U.S. & Canada | $107.05B-0.3% | $107.46B0.0% | $107.41B+0.4% | $107.41B+0.8% | $107.39B+1.0% | |
| Gross Profit by Business | ||||||
| Africa & APAC | $1B+16.5% | $976.4M+18.0% | $937.6M+15.2% | $889.1M+10.1% | $858.7M+6.3% | |
| Data Centers | $682.7M+24.8% | $650.7M+21.9% | $603.8M+15.8% | $574.6M+12.7% | $547.1M+9.5% | |
| Property, Europe | $624.7M+17.6% | $593.5M+13.0% | $568.1M+11.5% | $547.4M+10.0% | $531.3M+8.8% | |
| Property, Latin America | $1.2B+3.7% | $1.13B-4.7% | $1.12B-5.2% | $1.11B-9.2% | $1.16B-4.3% | |
| Services | $155M+24.5% | $165.6M+63.8% | $170.3M+116% | $150.5M+131% | $124.5M+89.8% | |
| U.S. & Canada | $4.34B-0.7% | $4.38B0.0% | $4.37B-0.4% | $4.36B-1.0% | $4.37B-0.5% | |
| Property lease revenue by Business | ||||||
| Data Centers | $941.1M+16.6% | $901.6M+13.8% | $862.6M+11.3% | $834.4M+10.1% | $807.3M+9.6% | |
| Europe | $974.2M+17.1% | $927.3M+12.7% | $897.4M+13.6% | $863.1M+10.8% | $831.8M+7.4% | |
| Latin America | $1.6B+2.3% | $1.53B-5.2% | $1.52B-6.6% | $1.51B-10.1% | $1.57B-6.0% | |
| U.S. & Canada | $4.92B-0.2% | $4.96B+0.1% | $4.93B-0.5% | $4.93B0.0% | $4.94B+0.4% | |
| Segment operating expenses by Business | ||||||
| Africa & APAC | $467.3M+21.1% | $446.5M+17.3% | $412.2M+4.1% | $392.5M-4.5% | $385.8M-8.8% | |
| Data Centers | $415.2M+4.5% | $402.4M+3.0% | $404.5M+5.8% | $400.8M+7.7% | $397.2M+11.4% | |
| Property, Europe | $360.7M+15.6% | $344.2M+11.2% | $335.4M+13.2% | $325.3M+10.0% | $311.9M+4.0% | |
| Property, Latin America | $522.1M+1.9% | $511M-3.6% | $504.7M-8.1% | $500.6M-11.4% | $512.6M-9.8% | |
| Services | $177.6M+56.3% | $174M+87.9% | $168.6M+134% | $139.7M+134% | $113.6M+107% | |
| U.S. & Canada | $874M+0.6% | $870M-0.1% | $863M0.0% | $870.5M+2.1% | $868.9M+2.4% | |
| Selling, general, administrative and development expense by Business | ||||||
| Africa & APAC | $74.7M+5.2% | $76.1M+11.9% | $72.8M-2.3% | $72.3M-7.7% | $71M-14.0% | |
| Data Centers | $90.1M+6.6% | $88.5M+12.3% | $86.9M+15.9% | $84.7M+17.0% | $84.5M+17.2% | |
| Property, Europe | $71.1M+9.7% | $69.6M+7.4% | $66.7M+0.9% | $64M-4.6% | $64.8M-3.0% | |
| Property, Latin America | $111.7M+7.2% | $102.6M-7.6% | $109.7M+5.6% | $109.6M+5.2% | $104.2M-1.7% | |
| Services | $26.3M+16.9% | $27.4M+30.5% | $25.5M+25.0% | $24.4M+14.0% | $22.5M+1.8% | |
| U.S. & Canada | $165.6M+1.1% | $166.6M+3.4% | $165.1M+3.1% | $164.9M+3.5% | $163.8M+1.8% | |
| Effect of foreign currency translation by Business | ||||||
| Data Centers | $0— | $0— | $0— | $0— | $0— | |
| Property, Europe | $218.4M+2,851% | $399.9M+311% | $180.4M+18.7% | $296.8M+595% | $7.4M+139% | |
| Property, Latin America | $72.1M+176% | $94.9M+171% | $35M+166% | $12M— | -$94.6M— | |
| Services | $0— | $0— | $0— | $0— | $0— | |
| CapEx by Business | ||||||
| Africa & APAC | $224.8M-3.9% | $227.8M-12.7% | $223.2M-25.2% | $216.7M-40.1% | $233.9M-42.7% | |
| Data Centers | $761.9M+37.7% | $665.2M+22.1% | $545.1M+4.0% | $563.5M+34.2% | $553.2M+25.1% | |
| Europe | $291M+18.7% | $283.6M+13.6% | $276.3M+23.2% | $246.8M+13.1% | $245.2M+14.8% | |
| Latin America | $152.6M+1.5% | $138.1M-20.7% | $152M-11.2% | $149M-19.8% | $150.4M-25.9% | |
| Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. & Canada | $395.9M+19.4% | $395.5M+24.1% | $371.3M+21.3% | $342.3M+0.1% | $331.6M-12.5% | |
| GOODWILL by Business | ||||||
| Africa & APAC | $2.09B— | $2.1B— | $2.09B— | —— | —— | |
| Data Centers | $11.68B0.0% | $11.68B0.0% | $11.68B0.0% | $11.68B0.0% | $11.68B0.0% | |
| Property, Europe | $12.94B+8.8% | $12.74B+7.2% | $12.36B+2.3% | $12.19B+1.6% | $11.89B-2.1% | |
| Property, Latin America | $3.68B+6.2% | $3.6B+1.3% | $3.51B-4.9% | $3.48B-7.2% | $3.46B-9.6% | |
| Services | $8M0.0% | $8M0.0% | $8M0.0% | $8M— | $8M— | |
| U.S. & Canada | $18.55B0.0% | $18.54B0.0% | $18.54B0.0% | $18.54B0.0% | $18.54B0.0% | |
| Segment revenues by Product | ||||||
| Property Revenue | $10.49B+5.5% | $10.31B+3.7% | $10.12B+2.3% | $9.97B+0.6% | $9.94B-2.0% | |
| Services | $332.6M+39.7% | $339.6M+75.3% | $338.9M+124% | $290.2M+133% | $238.1M+97.6% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Non Lease Property Revenue | $593.4M+0.7% | $596.3M+2.7% | $592M+3.3% | $584.7M-1.7% | $589.5M-1.6% | |
| Services Revenue | $332.6M+39.7% | $339.6M+75.3% | $338.9M+124% | $290.2M+133% | $238.1M+97.6% |
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.
