American Tower financials
$168.00−0.61%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.75B | $2.74B | $2.74B | $2.72B | $2.63B | $2.56B | $2.55B | $2.52B | $2.54B | $2.51B | $2.46B | $2.52B |
| Gross profit | $2.01B | $2.03B | $2.02B | $2.01B | $1.94B | $1.93B | $1.89B | $1.87B | $1.90B | $1.89B | $1.82B | $1.88B |
| Gross margin | 73.0% | 74.3% | 73.9% | 73.8% | 73.8% | 75.2% | 74.3% | 74.2% | 74.5% | 75.4% | 74.1% | 74.7% |
| Operating income | $1.27B | $1.24B | $1.16B | $1.23B | $1.20B | $1.25B | $1.08B | $1.14B | $1.16B | $1.14B | $612.8M | $913.0M |
| Net income | $867.5M | $859.5M | $820.7M | $853.3M | $366.8M | $488.7M | $1.23B | -$792.3M | $900.3M | $917.4M | $84.9M | $586.9M |
| Net margin | 31.6% | 31.4% | 30.0% | 31.4% | 14.0% | 19.1% | 48.3% | −31.4% | 35.4% | 36.5% | 3.5% | 23.3% |
| Diluted EPS | $1.86 | $1.84 | $1.75 | $1.82 | $0.78 | $1.04 | $2.62 | $-1.69 | $1.92 | $1.96 | $0.18 | $1.26 |
| EBITDA | $1.78B | $1.76B | $1.68B | $1.76B | $1.71B | $1.75B | $1.58B | $1.65B | $1.72B | $1.69B | $692.8M | $1.68B |
| Operating cash flow | $1.49B | $1.40B | $1.43B | $1.46B | $1.28B | $1.29B | $1.20B | $1.47B | $1.34B | $1.28B | $1.14B | $1.30B |
| Free cash flow | $1.17B | $951.1M | $848.3M | $994.5M | $976.9M | $963.9M | $755.6M | $1.04B | $1.01B | $886.9M | $617.3M | $909.9M |
| Diluted shares | 466.3M | 466.8M | 468.7M | 469.0M | 468.8M | 468.5M | 468.8M | 468.3M | 467.8M | 467.7M | 467.7M | 467.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.76B | $1.61B | $1.47B | $1.95B | $2.08B | $2.10B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $37.52B | $37.66B | $37.65B | $37.51B | $37.83B | $37.19B |
| Total assets | $63.30B | $63.23B | $63.19B | $63.89B | $63.75B | $62.06B |
| Total liabilities | $53.05B | $53.08B | $52.84B | $53.12B | $53.28B | $52.12B |
| Shareholders' equity | $10.25B | $10.15B | $10.36B | $10.77B | $10.48B | $9.94B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology