American Tower reported second-quarter 2026 results with revenue of $2.75B and net income attributable to common stockholders of $867.5M, driven by property revenue growth across international markets and expanded data-center operations; diluted EPS was $1.86, up notably from the prior-year quarter.
Financial Highlights
- Revenue was $2,749.1M for Q2 2026, compared with $2,626.9M in Q2 2025; YoY change 4.7%.
- Net income was $867.5M attributable to common stockholders for Q2 2026, compared with $366.8M in Q2 2025; YoY change 136.6%.
- Diluted EPS was $1.86 for Q2 2026, compared with $0.78 in Q2 2025; YoY change 138.5%.
Business Highlights
- Property revenues were up 7% year-to-date, led by growth in Africa & APAC, Europe, Latin America and expansion of data centers.
- Churn ran roughly 5% year-to-date, with materially elevated U.S. churn related to DISH disputes and bankruptcy that also prompted impairments.
- Leasing activity remained active globally, including significant colocations, amendments and new data-center lease commencements.
- Company completed sales of ATC Philippines and a controlling interest sale in KTBL; currently operates about 30 U.S. data centers (~3.8M NRSF) and approximately 130.5K sites worldwide.
- Pass-through costs such as fuel and power were elevated in certain markets and services revenue declined as site-support services were reduced.
Original SEC Filing:
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