American Tower Corporation — Third Quarter 2026 Earnings Summary

American Tower Corporation reported third-quarter 2026 total revenue of $2.785 billion, representing a 2.5% increase from the prior year, driven by a 4.5% rise in property revenue. Net income attributable to common stockholders decreased 10.3% to $766 million, while Adjusted Funds From Operations (AFFO) per share grew 3.2% to $2.87. The company raised its full-year 2026 property revenue outlook by $55 million due to data center outperformance, though it lowered net income guidance by $30 million primarily due to unrealized losses on equity securities. Additionally, American Tower repurchased $315 million of its stock during the quarter and authorized an additional $2.0 billion for future share repurchases.