AMT Q3 2025 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q3 2025 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.7B+7.7% YoY

Gross Profit

$2.0B75.1% margin

Operating Income

$1.3B46.7% margin

Net Income

$853M31.4% margin

EPS (Diluted)

$1.82

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$995M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$63.9B

Total Liabilities

$53.1B

Stockholders' Equity

$4.0B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+7.7%
Gross Profit	$2.0B	$1.9B	+9.1%
Operating Income	$1.3B	$1.1B	+11.3%
Net Income	$853M	-$792M	+207.7%

Revenue Segments

Property

$2.6B96%

Services Revenue

$101M4%

Geographic Segments

UNITED STATES

$1.4B50%

Property, Latin America

$417M15%

Property, Africa

$371M13%

Property, Data Centers

$267M9%

Property, Europe

$244M9%

Services Segment

$101M4%