American Tower (AMT) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

American Tower Revenue Highlights

Latest Revenue (Y)

$10.65B

Latest Revenue (Q)

$2.74B

Main Segment (Y)

Property

Main Geography (Y)

UNITED STATES

American Tower Revenue by Period

American Tower Revenue by Year

Date	Revenue	Change
2025-12-31	$10.65B	5.11%
2024-12-31	$10.13B	1.15%
2023-12-31	$10.01B	3.80%
2022-12-31	$9.65B	3.08%
2021-12-31	$9.36B	16.36%
2020-12-31	$8.04B	6.08%
2019-12-31	$7.58B	1.88%
2018-12-31	$7.44B	11.65%
2017-12-31	$6.66B	15.18%
2016-12-31	$5.79B	21.25%
2015-12-31	$4.77B	16.38%
2014-12-31	$4.10B	21.97%
2013-12-31	$3.36B	16.88%
2012-12-31	$2.88B	17.70%
2011-12-31	$2.44B	23.08%
2010-12-31	$1.99B	15.15%
2009-12-31	$1.72B	8.20%
2008-12-31	$1.59B	9.40%
2007-12-31	$1.46B	10.57%
2006-12-31	$1.32B	39.44%
2005-12-31	$944.79M	33.70%
2004-12-31	$706.66M	-1.19%
2003-12-31	$715.14M	-9.29%
2002-12-31	$788.42M	-30.49%
2001-12-31	$1.13B	54.25%
2000-12-31	$735.27M	184.90%
1999-12-31	$258.08M	149.25%
1998-12-31	$103.54M	491.39%
1997-12-31	$17.51M	-

American Tower generated $10.65B in revenue during NA 2025, up 5.11% compared to the previous quarter, and up 132.38% compared to the same period a year ago.

American Tower Revenue by Quarter

Date	Revenue	Change
2026-03-31	$2.74B	-0.02%
2025-12-31	$2.74B	0.76%
2025-09-30	$2.72B	3.45%
2025-06-30	$2.63B	2.50%
2025-03-31	$2.56B	0.60%
2024-12-31	$2.55B	1.00%
2024-09-30	$2.52B	-13.03%
2024-06-30	$2.90B	2.34%
2024-03-31	$2.83B	1.70%
2023-12-31	$2.79B	10.54%
2023-09-30	$2.52B	-9.04%
2023-06-30	$2.77B	0.16%
2023-03-31	$2.77B	2.30%
2022-12-31	$2.71B	1.25%
2022-09-30	$2.67B	-0.10%
2022-06-30	$2.67B	0.53%
2022-03-31	$2.66B	8.80%
2021-12-31	$2.45B	-0.37%
2021-09-30	$2.45B	6.76%
2021-06-30	$2.30B	6.50%
2021-03-31	$2.16B	1.70%
2020-12-31	$2.12B	5.44%
2020-09-30	$2.01B	5.22%
2020-06-30	$1.91B	-4.02%
2020-03-31	$1.99B	3.61%
2019-12-31	$1.92B	-1.53%
2019-09-30	$1.95B	3.39%
2019-06-30	$1.89B	4.20%
2019-03-31	$1.81B	-14.94%
2018-12-31	$2.13B	19.40%
2018-09-30	$1.79B	0.26%
2018-06-30	$1.78B	2.24%
2018-03-31	$1.74B	2.19%
2017-12-31	$1.70B	1.41%
2017-09-30	$1.68B	1.10%
2017-06-30	$1.66B	2.86%
2017-03-31	$1.62B	4.98%
2016-12-31	$1.54B	1.63%
2016-09-30	$1.51B	5.04%
2016-06-30	$1.44B	11.88%
2016-03-31	$1.29B	0.70%
2015-12-31	$1.28B	3.40%
2015-09-30	$1.24B	5.41%
2015-06-30	$1.17B	8.82%
2015-03-31	$1.08B	3.14%
2014-12-31	$1.05B	0.78%
2014-09-30	$1.04B	0.65%
2014-06-30	$1.03B	4.81%
2014-03-31	$984.09M	4.47%
2013-12-31	$941.97M	16.60%
2013-09-30	$807.88M	-0.12%
2013-06-30	$808.83M	0.76%
2013-03-31	$802.73M	4.47%
2012-12-31	$768.37M	7.72%
2012-09-30	$713.34M	2.24%
2012-06-30	$697.73M	0.17%
2012-03-31	$696.52M	6.63%
2011-12-31	$653.20M	3.62%
2011-09-30	$630.40M	5.55%
2011-06-30	$597.24M	6.14%
2011-03-31	$562.70M	2.75%
2010-12-31	$547.64M	6.69%
2010-09-30	$513.32M	9.23%
2010-06-30	$469.94M	3.41%
2010-03-31	$454.43M	1.44%
2009-12-31	$447.97M	0.87%
2009-09-30	$444.11M	4.90%
2009-06-30	$423.36M	3.59%
2009-03-31	$408.68M	0.09%
2008-12-31	$408.32M	-0.23%
2008-09-30	$409.27M	3.95%
2008-06-30	$393.73M	-

American Tower generated $2.74B in revenue during Q1 2026, up -0.02% compared to the previous quarter, and up 107.45% compared to the same period a year ago.

American Tower Revenue Breakdown

American Tower Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Services Revenue	$339.60M	$193.70M	$143.00M	-	-
Property	$10.30B	$9.93B	$11.00B	-	-
Non-Lease Property Revenue	-	-	$613.70M	-	-
Property Revenue	-	-	-	$10.47B	$9.11B
Service	-	-	-	$241.10M	$247.30M

American Tower's latest annual revenue breakdown by segment (product or service), as of Dec 25: Property (96.81%), and Services Revenue (3.19%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Property	$2.67B	$2.67B	$2.62B	$2.53B	$2.49B	$1.81B	$2.47B	$2.85B	$2.80B	-	-	-	-	-	-	-	-	-	-	-
Services Revenue	$67.60M	$64.40M	$101.10M	$99.50M	$74.60M	$63.70M	$52.40M	$47.40M	$30.20M	$116.80M	$26.20M	$67.20M	-	-	-	-	-	-	-	-
Property, Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Asia-Pacific	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Data Centers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Latin America	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, US And Canada	-	-	-	-	-	-	-	-	$30.20M	$21.00M	-	-	-	-	-	-	-	-	-	-
Non-Lease Property Revenue	-	-	-	-	-	-	-	-	-	$451.80M	$161.90M	$123.80M	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	-	-	-	-	-	-	$43.10M	$52.70M	$60.20M	$61.60M	$59.80M	$59.50M	$85.40M	$65.90M	-
Property Revenue	-	-	-	-	-	-	-	-	-	-	-	$2.73B	$2.71B	$2.64B	$2.61B	$2.61B	$2.60B	$2.37B	$2.23B	-

American Tower's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Property (97.53%), and Services Revenue (2.47%).

American Tower Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
UNITED STATES	$5.59B	$5.44B	-	-	-
Property, Latin America	$1.64B	$1.72B	$566.00M	$84.70M	$62.60M
Property, Europe	$937.70M	$834.70M	$299.50M	$315.10M	$183.30M
Property, Data Centers	$1.05B	$924.80M	$347.60M	-	-
Property, Africa	$1.42B	$193.70M	$433.30M	$199.70M	$180.80M
Services Segment	$339.60M	$60.10M	-	-	-
Property, US And Canada	-	$870.90M	$849.90M	$5.25B	$5.17B
Property, Asia-Pacific	-	$1.21B	$704.20M	$5.30M	$300.00K

American Tower's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (50.88%), Property, Latin America (14.95%), Property, Africa (12.95%), Property, Data Centers (9.59%), Property, Europe (8.54%), and Services Segment (3.09%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Property, Africa	$378.60M	$382.20M	$370.80M	$336.30M	$333.60M	$296.90M	$293.90M	$292.00M	-	$293.70M	$321.20M	$317.00M	$335.80M	$303.40M	$285.50M	$267.80M	$264.40M	$257.40M	$248.00M	-
Services Segment	$67.60M	$139.00M	$101.10M	$99.50M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$1.33B	$1.39B	$1.42B	$1.41B	$1.37B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Latin America	$480.10M	$437.50M	$416.50M	$389.40M	$399.20M	-	$402.80M	$448.70M	$445.50M	-	$459.60M	$439.40M	$464.10M	$427.00M	$420.40M	$425.20M	$419.30M	$372.10M	$391.00M	$365.60M
Property, Europe	$260.70M	$248.40M	$243.60M	$232.70M	$213.00M	-	$212.80M	$203.20M	$204.50M	-	$200.40M	$198.20M	$191.70M	$174.40M	$184.00M	$178.80M	$198.50M	$188.00M	$175.80M	$87.80M
Property, Data Centers	$288.90M	$280.50M	$266.60M	$261.90M	$244.10M	-	$233.70M	$230.80M	$224.60M	-	-	-	-	-	-	-	-	-	-	-
Property, US And Canada	-	-	-	-	$1.37B	-	$1.37B	$1.36B	$1.34B	-	$1.35B	$1.35B	$1.34B	$1.34B	$1.32B	$1.30B	$1.29B	$1.22B	$1.32B	$1.30B
Property, Asia-Pacific	-	-	-	-	-	-	$5.70M	$360.90M	$326.60M	-	$302.30M	$261.70M	$251.10M	$231.30M	$249.20M	$298.00M	$298.50M	$306.00M	$313.50M	$298.20M

American Tower's latest quarterly revenue breakdown by geography, as of Mar 26: UNITED STATES (47.39%), Property, Latin America (17.12%), Property, Africa (13.50%), Property, Data Centers (10.30%), Property, Europe (9.29%), and Services Segment (2.41%).

American Tower Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMT	American Tower	$10.65B	$2.74B
EQIX	Equinix	$9.22B	$2.44B
PLD	Prologis	$8.79B	$2.30B
SPG	Simon Property Group	$6.36B	$1.60B
DLR	Digital Realty Trust	$6.11B	$1.58B
O	Realty Income	$5.75B	$1.47B
PSA	Public Storage	$4.82B	$1.22B
CCI	Crown Castle	$4.26B	$1.07B
SBAC	SBA Communications	$2.82B	$732.33M

AMT Revenue FAQ

What is American Tower’s yearly revenue?

American Tower's yearly revenue for 2025 was $10.65B, representing an increase of 5.11% compared to 2024. The company's yearly revenue for 2024 was $10.13B, representing an increase of 1.15% compared to 2023. AMT's yearly revenue for 2023 was $10.01B, representing an increase of 3.80% compared to 2022.

What is American Tower’s quarterly revenue?

American Tower's quarterly revenue for Q1 2026 was $2.74B, a -0.02% decrease from the previous quarter (Q4 2025), and a 6.82% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $2.74B, a 0.76% increase from the previous quarter (Q3 2025), and a 7.47% increase year-over-year (Q4 2024). AMT's quarterly revenue for Q3 2025 was $2.72B, a 3.45% increase from the previous quarter (Q2 2025), and a 7.74% increase year-over-year (Q3 2024).

What is American Tower’s revenue growth rate?

American Tower's revenue growth rate for the last 3 years (2023-2025) was 6.32%, and for the last 5 years (2021-2025) was 13.77%.

What are American Tower’s revenue streams?

American Tower's revenue streams in c 25 are Services Revenue, and Property. Services Revenue generated $339.6M in revenue, accounting 3.19% of the company's total revenue, up 75.32% year-over-year. Property generated $10.3B in revenue, accounting 96.81% of the company's total revenue, up 3.74% year-over-year.

What is American Tower’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of American Tower was Property. This segment made a revenue of $10.3B, representing 96.81% of the company's total revenue.