Income Statement

Revenue

+10%

+32%

10Y

Currency: USD

	Mar-2002	Jun-2002	Sep-2002	Dec-2002	Mar-2003	Jun-2003	Sep-2003	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025	Dec-2025
Revenue
Interest Expense	279	275	264	254	261	267	273	281	277	274	271	264	248	234	226	224	223	224	221	217	216	220	226	237	249	253	256	255	250	251	251	251	248	242	240	248	264	282	297	313	334	360	384	403	420	420	424	460	491	537	574	582	586	589	595	597	609	641	682	718	742	748	747	751	767	787	808	827	834	831	822	814	816	809	798	794	792	808	843	871	926	989	1 057	1 136	1 214	1 281	1 344	1 388	1 412	1 431	1 431	1 405	1 366	1 346	1 336	0
Revenue	997 N/A	909 -9%	810 -11%	578 -29%	684 +18%	700 +2%	712 +2%	632 -11%	640 +1%	637 0%	631 -1%	707 +12%	722 +2%	738 +2%	822 +11%	945 +15%	1 081 +14%	1 219 +13%	1 287 +6%	1 317 +2%	1 349 +2%	1 382 +2%	1 416 +2%	1 457 +3%	1 486 +2%	1 522 +2%	1 563 +3%	1 594 +2%	1 620 +2%	1 650 +2%	1 684 +2%	1 724 +2%	1 770 +3%	1 816 +3%	1 886 +4%	1 985 +5%	2 094 +5%	2 221 +6%	2 338 +5%	2 444 +5%	2 577 +5%	2 678 +4%	2 761 +3%	2 876 +4%	2 982 +4%	3 093 +4%	3 188 +3%	3 361 +5%	3 543 +5%	3 765 +6%	3 996 +6%	4 100 +3%	4 195 +2%	4 338 +3%	4 538 +5%	4 772 +5%	4 981 +4%	5 249 +5%	5 526 +5%	5 786 +5%	6 113 +6%	6 333 +4%	6 499 +3%	6 664 +3%	6 789 +2%	6 908 +2%	7 013 +2%	7 440 +6%	7 512 +1%	7 620 +1%	7 789 +2%	7 580 -3%	7 760 +2%	7 783 +0%	7 843 +1%	8 042 +3%	8 207 +2%	8 593 +5%	9 034 +5%	9 357 +4%	9 859 +5%	10 234 +4%	10 451 +2%	9 645 -8%	9 752 +1%	9 346 -4%	9 195 -2%	10 012 +9%	9 758 -3%	10 035 +3%	10 036 +0%	10 127 +1%	10 177 +0%	10 260 +1%	10 455 +2%	10 645 +2%
Gross Profit
Cost of Revenue	(706)	(602)	(494)	(272)	(346)	(346)	(341)	(200)	(235)	(218)	(196)	(211)	(199)	(186)	(193)	(256)	(288)	(325)	(341)	(344)	(349)	(354)	(355)	(360)	(363)	(370)	(385)	(390)	(397)	(403)	(407)	(416)	(425)	(435)	(449)	(475)	(503)	(542)	(588)	(621)	(657)	(678)	(694)	(722)	(753)	(787)	(803)	(860)	(919)	(985)	(1 069)	(1 094)	(1 098)	(1 148)	(1 230)	(1 309)	(1 396)	(1 533)	(1 659)	(1 790)	(1 932)	(1 989)	(2 018)	(2 057)	(2 084)	(2 127)	(2 164)	(2 178)	(2 201)	(2 204)	(2 208)	(2 217)	(2 225)	(2 202)	(2 205)	(2 227)	(2 250)	(2 357)	(2 519)	(2 682)	(2 907)	(3 082)	(3 194)	(2 569)	(2 576)	(2 235)	(2 036)	(2 562)	(2 374)	(2 542)	(2 556)	(2 574)	(2 590)	(2 629)	(2 688)	(2 748)
Gross Profit	290 N/A	307 +6%	317 +3%	306 -3%	339 +11%	354 +5%	372 +5%	433 +16%	404 -7%	419 +4%	435 +4%	495 +14%	524 +6%	552 +5%	629 +14%	689 +9%	793 +15%	894 +13%	947 +6%	974 +3%	1 000 +3%	1 028 +3%	1 061 +3%	1 097 +3%	1 123 +2%	1 152 +3%	1 178 +2%	1 204 +2%	1 223 +2%	1 247 +2%	1 277 +2%	1 308 +2%	1 345 +3%	1 382 +3%	1 437 +4%	1 511 +5%	1 590 +5%	1 679 +6%	1 750 +4%	1 823 +4%	1 921 +5%	2 000 +4%	2 067 +3%	2 153 +4%	2 229 +4%	2 307 +3%	2 385 +3%	2 502 +5%	2 624 +5%	2 780 +6%	2 927 +5%	3 006 +3%	3 097 +3%	3 190 +3%	3 308 +4%	3 463 +5%	3 586 +4%	3 716 +4%	3 867 +4%	3 995 +3%	4 181 +5%	4 344 +4%	4 481 +3%	4 607 +3%	4 706 +2%	4 781 +2%	4 849 +1%	5 262 +9%	5 310 +1%	5 416 +2%	5 581 +3%	5 364 -4%	5 535 +3%	5 581 +1%	5 638 +1%	5 814 +3%	5 957 +2%	6 235 +5%	6 515 +4%	6 675 +2%	6 952 +4%	7 152 +3%	7 257 +1%	7 076 -2%	7 176 +1%	7 111 -1%	7 159 +1%	7 451 +4%	7 383 -1%	7 493 +1%	7 480 0%	7 553 +1%	7 587 +0%	7 630 +1%	7 766 +2%	7 897 +2%
Operating Income
Operating Expenses	(447)	(425)	(388)	(358)	(368)	(373)	(377)	(414)	(355)	(356)	(355)	(413)	(427)	(442)	(503)	(519)	(586)	(648)	(673)	(687)	(697)	(701)	(708)	(719)	(677)	(644)	(613)	(597)	(600)	(613)	(618)	(635)	(630)	(645)	(668)	(726)	(766)	(818)	(874)	(902)	(944)	(979)	(979)	(1 034)	(1 084)	(1 119)	(1 185)	(1 287)	(1 356)	(1 422)	(1 493)	(1 519)	(1 544)	(1 649)	(1 752)	(1 850)	(1 941)	(2 029)	(2 102)	(2 142)	(2 249)	(2 267)	(2 323)	(2 426)	(2 508)	(2 581)	(2 641)	(3 175)	(3 138)	(3 126)	(3 025)	(2 512)	(2 430)	(2 443)	(2 537)	(2 653)	(2 669)	(2 791)	(3 008)	(3 137)	(3 550)	(3 840)	(4 113)	(4 063)	(4 304)	(4 220)	(4 047)	(3 891)	(3 893)	(3 670)	(3 351)	(2 961)	(2 958)	(2 959)	(3 001)	(3 051)
Selling, General & Administrative	(28)	(32)	(31)	(30)	(30)	(27)	(27)	(83)	(27)	(27)	(27)	(83)	(97)	(113)	(139)	(108)	(123)	(138)	(148)	(159)	(172)	(177)	(184)	(186)	(187)	(186)	(182)	(180)	(201)	(209)	(212)	(202)	(198)	(201)	(211)	(230)	(242)	(261)	(280)	(289)	(302)	(307)	(312)	(327)	(349)	(372)	(388)	(416)	(424)	(423)	(434)	(447)	(460)	(478)	(484)	(498)	(510)	(532)	(548)	(543)	(573)	(588)	(604)	(637)	(677)	(682)	(712)	(733)	(726)	(733)	(743)	(730)	(750)	(774)	(762)	(779)	(744)	(762)	(792)	(812)	(923)	(939)	(964)	(902)	(872)	(866)	(855)	(946)	(926)	(928)	(936)	(933)	(927)	(942)	(947)	(941)
Research & Development	(8)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation & Amortization	(411)	(390)	(355)	(328)	(343)	(348)	(352)	(330)	(328)	(329)	(328)	(329)	(330)	(329)	(365)	(411)	(463)	(511)	(525)	(528)	(525)	(524)	(524)	(523)	(490)	(458)	(431)	(405)	(396)	(399)	(400)	(415)	(426)	(434)	(443)	(461)	(481)	(509)	(536)	(556)	(574)	(607)	(609)	(644)	(680)	(693)	(734)	(800)	(860)	(921)	(985)	(1 004)	(1 022)	(1 104)	(1 197)	(1 285)	(1 363)	(1 433)	(1 490)	(1 526)	(1 605)	(1 604)	(1 638)	(1 716)	(1 741)	(1 794)	(1 811)	(2 111)	(2 101)	(2 101)	(2 095)	(1 778)	(1 814)	(1 820)	(1 851)	(1 882)	(1 933)	(2 032)	(2 170)	(2 333)	(2 626)	(2 898)	(3 184)	(3 165)	(3 143)	(3 003)	(2 828)	(2 929)	(2 643)	(2 478)	(2 253)	(2 029)	(2 013)	(2 002)	(2 027)	(2 042)
Other Operating Expenses	0	(3)	0	0	5	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(9)	0	0	0	(11)	(3)	(5)	(5)	(19)	(7)	(10)	(14)	(36)	(43)	(47)	(58)	(58)	(68)	(65)	(57)	(62)	(55)	(55)	(63)	(72)	(71)	(78)	(74)	(69)	(62)	(67)	(72)	(67)	(68)	(64)	(63)	(73)	(71)	(76)	(80)	(73)	(89)	(104)	(118)	(331)	(310)	(292)	(188)	(3)	134	151	76	9	7	4	(46)	8	(1)	(4)	36	4	(288)	(351)	(364)	(17)	(323)	(264)	(163)	1	(19)	(15)	(27)	(68)
Operating Income	(157) N/A	(118) +24%	(71) +40%	(52) +27%	(30) +43%	(19) +37%	(5) +74%	19 N/A	50 +164%	63 +28%	79 +25%	83 +4%	96 +17%	110 +14%	126 +14%	169 +35%	207 +22%	245 +19%	274 +12%	286 +5%	304 +6%	328 +8%	354 +8%	378 +7%	447 +18%	508 +14%	566 +11%	607 +7%	623 +3%	634 +2%	659 +4%	672 +2%	715 +6%	737 +3%	768 +4%	784 +2%	824 +5%	861 +5%	876 +2%	920 +5%	976 +6%	1 021 +5%	1 088 +7%	1 120 +3%	1 145 +2%	1 187 +4%	1 201 +1%	1 214 +1%	1 268 +4%	1 358 +7%	1 434 +6%	1 487 +4%	1 553 +4%	1 541 -1%	1 557 +1%	1 613 +4%	1 645 +2%	1 688 +3%	1 766 +5%	1 853 +5%	1 933 +4%	2 077 +7%	2 159 +4%	2 181 +1%	2 198 +1%	2 200 +0%	2 208 +0%	2 088 -5%	2 172 +4%	2 290 +5%	2 556 +12%	2 851 +12%	3 104 +9%	3 138 +1%	3 101 -1%	3 162 +2%	3 289 +4%	3 445 +5%	3 507 +2%	3 538 +1%	3 402 -4%	3 312 -3%	3 144 -5%	3 013 -4%	2 873 -5%	2 891 +1%	3 113 +8%	3 560 +14%	3 491 -2%	3 823 +10%	4 129 +8%	4 592 +11%	4 630 +1%	4 671 +1%	4 765 +2%	4 846 +2%
Pre-Tax Income
Interest Income Expense	(251)	(275)	(274)	(237)	(262)	(249)	(251)	(260)	(263)	(260)	(254)	(243)	(229)	(214)	(206)	(204)	(203)	(203)	(199)	(192)	(189)	(192)	(197)	(211)	(226)	(232)	(237)	(236)	(232)	(233)	(234)	(234)	(237)	(227)	(216)	(222)	(212)	(203)	(372)	(421)	(402)	(571)	(404)	(414)	(465)	(494)	(575)	(638)	(694)	(621)	(663)	(605)	(662)	(613)	(504)	(640)	(626)	(707)	(815)	(704)	(713)	(685)	(695)	(677)	(690)	(754)	(762)	(775)	(794)	(760)	(759)	(761)	(851)	(880)	(920)	(970)	(807)	(639)	(445)	(267)	(182)	10	245	(636)	(1 019)	(1 582)	(1 865)	(1 596)	(1 412)	(1 331)	(1 903)	(891)	(1 400)	(1 846)	(1 483)	(2 035)
Non-Reccuring Items	(77)	(85)	(170)	(110)	(191)	(227)	(147)	(78)	(78)	(71)	(121)	(162)	(168)	(149)	(115)	(101)	(107)	(92)	(73)	(30)	(11)	(38)	(37)	(35)	(41)	(12)	(15)	(5)	(15)	(20)	(21)	(18)	(32)	(26)	(23)	(2)	(2)	(2)	(2)	0	(0)	(0)	(0)	(0)	(35)	(38)	(38)	(39)	(4)	(2)	1	(3)	(7)	(81)	(84)	(80)	(76)	0	0	1	(54)	(55)	(70)	(253)	(343)	(376)	(363)	(186)	(59)	(61)	(165)	(185)	(351)	(355)	(299)	(346)	(372)	(370)	(353)	(444)	(386)	(363)	(370)	(275)	(84)	(61)	(22)	(435)	0	0	(80)	(75)	0	0	0	0
Total Other Income	(63)	(35)	(4)	(7)	0	0	0	(9)	(0)	(1)	(2)	(3)	(2)	(2)	(0)	0	3	7	1	7	6	17	24	21	17	2	1	6	7	9	8	2	7	(3)	(3)	(4)	(16)	(13)	(18)	8	8	10	16	(4)	(7)	(2)	(1)	4	2	8	10	(13)	(10)	(45)	(192)	(63)	(22)	5	129	(24)	(15)	(10)	15	5	6	7	16	28	27	23	13	12	11	7	(13)	(24)	(26)	10	11	2	18	(29)	(11)	(17)	(41)	(12)	(21)	0	3	32	104	(1)	91	160	102	233
Pre-Tax Income	(549) N/A	(514) +6%	(518) -1%	(406) +22%	(482) -19%	(495) -3%	(403) +19%	(328) +19%	(292) +11%	(268) +8%	(298) -11%	(325) -9%	(302) +7%	(256) +15%	(195) +24%	(136) +31%	(99) +27%	(43) +57%	3 N/A	71 +2 013%	109 +54%	115 +5%	143 +25%	153 +7%	197 +29%	266 +35%	315 +19%	372 +18%	382 +3%	389 +2%	413 +6%	421 +2%	454 +8%	481 +6%	526 +9%	556 +6%	595 +7%	643 +8%	484 -25%	507 +5%	581 +15%	460 -21%	699 +52%	701 +0%	637 -9%	652 +2%	586 -10%	542 -8%	573 +6%	743 +30%	782 +5%	866 +11%	874 +1%	802 -8%	777 -3%	830 +7%	921 +11%	986 +7%	1 080 +10%	1 126 +4%	1 150 +2%	1 326 +15%	1 408 +6%	1 256 -11%	1 171 -7%	1 077 -8%	1 099 +2%	1 155 +5%	1 347 +17%	1 493 +11%	1 645 +10%	1 916 +17%	1 915 0%	1 910 0%	1 870 -2%	1 821 -3%	2 084 +14%	2 445 +17%	2 721 +11%	2 829 +4%	2 852 +1%	2 930 +3%	3 008 +3%	2 086 -31%	1 729 -17%	1 236 -29%	1 205 -3%	1 529 +27%	2 082 +36%	2 524 +21%	2 250 -11%	3 625 +61%	3 321 -8%	2 986 -10%	3 385 +13%	3 044 -10%
Net Income
Tax Provision	118	117	97	81	59	52	65	86	69	68	82	83	75	57	34	(6)	(12)	(27)	(48)	(42)	(58)	(59)	(31)	(60)	(83)	(113)	(162)	(136)	(132)	(139)	(155)	(183)	(174)	(153)	(172)	(182)	(226)	(261)	(215)	(125)	(81)	(39)	(27)	(107)	(99)	(64)	(67)	(60)	(58)	(91)	(86)	(63)	(69)	(61)	(145)	(158)	(163)	(193)	(121)	(156)	(153)	(134)	(145)	(31)	27	47	68	110	45	19	(5)	0	13	32	29	(130)	(159)	(221)	(233)	(262)	(234)	(169)	(153)	(113)	(144)	(132)	(145)	(91)	(129)	(211)	(284)	(366)	(394)	(448)	(363)	(416)
Income from Continuing Operations	(431)	(397)	(421)	(325)	(424)	(442)	(337)	(242)	(223)	(200)	(216)	(242)	(227)	(199)	(161)	(141)	(111)	(69)	(44)	29	52	55	112	93	114	153	153	236	250	250	257	239	280	328	354	374	369	382	269	382	500	421	672	594	538	588	520	482	515	652	696	803	805	741	632	672	758	793	959	970	996	1 192	1 263	1 225	1 198	1 124	1 167	1 265	1 392	1 512	1 640	1 917	1 928	1 942	1 899	1 692	1 925	2 225	2 488	2 568	2 618	2 761	2 855	1 973	1 586	1 105	1 060	1 439	1 954	2 314	1 967	3 259	2 927	2 538	3 022	2 629
Income to Minority Interest	0	0	0	(2)	0	0	0	(4)	(1)	(2)	(2)	(2)	(1)	(1)	(0)	(1)	(1)	(1)	(1)	(1)	(1)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(1)	(1)	(0)	(0)	(1)	(1)	2	6	15	26	38	34	43	43	44	61	69	68	65	49	22	10	(4)	1	13	9	5	1	(14)	1	(16)	(34)	14	10	23	30	(28)	(43)	(41)	(37)	(29)	(22)	(19)	(11)	(1)	(5)	(4)	(9)	0	16	25	49	69	81	88	77	116	91	69	47	(25)	(31)	(36)	(84)	(99)
Equity Earnings Affiliates	0	0	0	(19)	(38)	0	(38)	(21)	(3)	(3)	(3)	(3)	(3)	(4)	(3)	(2)	(1)	(0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income (Common)	(1 013) N/A	(1 010) +0%	(1 239) -23%	(1 164) +6%	(346) +70%	(358) -3%	(62) +83%	(329) -430%	(277) +16%	(229) +17%	(230) -1%	(255) -11%	(240) +6%	(211) +12%	(173) +18%	(181) -5%	(151) +17%	(107) +29%	(82) +24%	27 N/A	52 +88%	24 -54%	80 +234%	56 -30%	76 +35%	255 +234%	256 +0%	347 +36%	364 +5%	261 -28%	268 +3%	247 -8%	284 +15%	328 +15%	354 +8%	373 +5%	368 -1%	384 +4%	275 -28%	396 +44%	526 +33%	459 -13%	707 +54%	637 -10%	581 -9%	632 +9%	580 -8%	551 -5%	582 +6%	713 +22%	732 +3%	801 +9%	782 -2%	681 -13%	558 -18%	595 +7%	660 +11%	691 +5%	853 +23%	849 0%	890 +5%	1 074 +21%	1 134 +6%	1 152 +2%	1 138 -1%	1 100 -3%	1 169 +6%	1 227 +5%	1 349 +10%	1 471 +9%	1 603 +9%	1 888 +18%	1 905 +1%	1 922 +1%	1 888 -2%	1 691 -10%	1 921 +14%	2 221 +16%	2 479 +12%	2 568 +4%	2 634 +3%	2 786 +6%	2 903 +4%	1 766 -39%	1 390 -21%	967 -30%	715 -26%	1 483 +108%	2 065 +39%	2 490 +21%	1 110 -55%	2 255 +103%	1 826 -19%	1 293 -29%	2 938 +127%	2 530 -14%
EPS (Diluted)	-5.18 N/A	-5.11 +1%	-6.33 -24%	-5.95 +6%	-1.76 +70%	-1.76 N/A	-0.29 +84%	-1.58 -445%	-1.25 +21%	-1.02 +18%	-1.02 N/A	-1.13 -11%	-1.04 +8%	-0.91 +13%	-0.51 +44%	-0.59 -16%	-0.36 +39%	-0.24 +33%	-0.18 +25%	0.06 N/A	0.12 +100%	0.05 -58%	0.19 +280%	0.13 -32%	0.18 +38%	0.6 +233%	0.61 +2%	0.83 +36%	0.89 +7%	0.63 -29%	0.65 +3%	0.59 -9%	0.7 +19%	0.81 +16%	0.87 +7%	0.92 +6%	0.91 -1%	0.96 +5%	0.69 -28%	0.99 +43%	1.32 +33%	1.15 -13%	1.77 +54%	1.6 -10%	1.45 -9%	1.58 +9%	1.45 -8%	1.38 -5%	1.46 +6%	1.79 +23%	1.84 +3%	2 +9%	1.91 -5%	1.59 -17%	1.3 -18%	1.41 +8%	1.54 +9%	1.61 +5%	1.98 +23%	1.98 N/A	2.06 +4%	2.49 +21%	2.63 +6%	2.67 +2%	2.59 -3%	2.47 -5%	2.63 +6%	2.77 +5%	3.03 +9%	3.3 +9%	3.59 +9%	4.24 +18%	4.27 +1%	4.31 +1%	4.23 -2%	3.79 -10%	4.31 +14%	4.9 +14%	5.42 +11%	5.66 +4%	5.78 +2%	6.05 +5%	6.21 +3%	3.81 -39%	2.97 -22%	2.04 -31%	1.52 -25%	3.17 +109%	4.41 +39%	5.32 +21%	2.37 -55%	4.81 +103%	3.89 -19%	2.75 -29%	6.26 +128%	5.4 -14%

Income Statement Balance Sheet Cash Flow Statement

American Tower Corp
NYSE:AMT

Income Statement

Earnings Waterfall
American Tower Corp

Income Statement
American Tower Corp

See Also

Company

Help

Tools

Stocks

American Tower Corp NYSE:AMT

Income Statement

Earnings Waterfall American Tower Corp

Income Statement American Tower Corp

See Also

Company

Help

Tools

Stocks

American Tower Corp
NYSE:AMT

Earnings Waterfall
American Tower Corp

Income Statement
American Tower Corp