AMT Q1 2025 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q1 2025 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.6B-9.6% YoY

Gross Profit

$1.9B75.2% margin

Operating Income

$1.3B48.9% margin

Net Income

$489M19.1% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$964M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$62.1B

Total Liabilities

$52.1B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.8B	-9.6%
Gross Profit	$1.9B	$2.0B	-5.7%
Operating Income	$1.3B	$1.2B	+1.4%
Net Income	$489M	$917M	-46.7%

Revenue Segments

Property

$2.5B97%

Services Revenue

$75M3%

Geographic Segments

UNITED STATES

$1.4B54%

Property, Latin America

$399M16%

Property, Africa

$334M13%

Property, Data Centers

$244M10%

Property, Europe

$213M8%