Earnings Releases·Oct 27, 2026, 7:03 AM ET

American Tower Corporation — Third Quarter 2026 Earnings Summary

Total revenue rose 2.5% year-over-year to $2,785 million, while Adjusted EBITDA increased 0.9% to $1,832 million; however, net income declined 14.4% to $781 million due to $71.5 million in unrealized losses on equity investments.
The company raised its full-year 2026 property revenue guidance by $55 million to $10,785–$10,865 million and increased AFFO per share guidance by $0.02, though net income guidance was lowered by $30 million per metric.
Strategic capital allocation included a $2.0 billion share repurchase authorization (with $1.1 billion remaining as of Oct 20, 2026) and the planned sale of Canadian subsidiaries for approximately $202 million in Q4 2026.
The Data Centers segment drove growth with 17.4% revenue expansion, while the company repaid $1.6 billion in maturing notes and issued new senior unsecured notes to maintain liquidity of $10.6 billion.