American Tower (AMT) Q3 FY2026 earnings: revenue $2.8 billion, up 2.5% on the year

American Tower Corp. (AMT) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 27 October 2026. Revenue was $2.8 billion, up 2.5% on the same quarter a year earlier. Net income was $766 million, down 10.3% on the year, and diluted earnings per share $1.64. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$2.8 billionup 2.5%

Net income$766 milliondown 10.3%

Diluted EPS$1.64$1.82 a year earlier

QuarterQ3 FY2026ended 30 September 2026

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	2,785	2,749	2,717	+2.5%
Net income	766	868	853	-10.3%
Diluted EPS	$1.64	$1.86	$1.82	-9.9%

$ million except per share.

Q3 FY2026 is from the company's press release of 27 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023 †	Q2 FY2023 †	Q3 FY2023 †	Q4 FY2023	Q1 FY2024 †	Q2 FY2024 †	Q3 FY2024	Q4 FY2024 †	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	2,454	2,445	2,660	2,674	2,672	2,705	2,520	2,515	2,521	2,456	2,513	2,545	2,522	2,548	2,563	2,627	2,717	2,738	2,738	2,749
Cost of revenue	724	736	799	823	836	805	806	827	638	811	619	649	652	654	634	689	711	714	703	741
Gross profit	1,730	1,710	1,861	1,851	1,835	1,900	1,714	1,687	1,883	1,645	1,894	1,895	1,870	1,893	1,928	1,938	2,007	2,023	2,034	2,008
Gross margin	70%	70%	70%	69%	69%	70%	68%	67%	75%	67%	75%	74%	74%	74%	75%	74%	74%	74%	74%	73%
SG&A	206	216	294	223	231	224	264	244	220	252	244	218	228	243	238	234	233	236	257	234
Operating income	828	627	725	782	653	192	747	853	913	613	1,141	1,156	1,139	1,080	1,254	1,198	1,233	1,161	1,239	1,269
Operating margin	34%	26%	27%	29%	24%	7%	30%	34%	36%	25%	45%	45%	45%	42%	49%	46%	45%	42%	45%	46%
Interest expense	226	224	262	277	294	304	340	348	359	351	367	363	357	316	325	343	347	344	347	354
Pre-tax income	778	528	725	898	856	-759	368	475	643	35.2	921	847	550	1,306	618	512	950	965	1,018	1,009
Tax rate	7%	17%	3%	1%	4%	n/a	14%	3%	8%	62%	10%	9%	22%	6%	19%	26%	4%	13%	14%	12%
Net income	723	453	712	898	840	-684	336	476	587	84.9	917	900	-792	1,230	489	367	853	821	860	868
Net margin	29%	19%	27%	34%	31%	-25%	13%	19%	23%	3%	37%	35%	-31%	48%	19%	14%	31%	30%	31%	32%
Diluted EPS	$1.58	$0.99	$1.56	$1.95	$1.80	-$1.47	$0.72	$1.02	$1.26	$0.18	$1.96	$1.92	-$1.69	$2.62	$1.04	$0.78	$1.82	$1.75	$1.84	$1.86
Operating cash flow	2,096	679	664	915	932	1,185	1,070	1,209	1,301	1,142	1,284	1,338	1,469	1,199	1,295	1,282	1,460	1,428	1,401	1,487
Capital expenditure	314	460	386	370	459	658	462	421	391	525	397	325	425	443	331	305	466	579	450	321
Free cash flow	1,782	219	278	545	473	527	609	788	910	617	887	1,013	1,045	756	964	977	994	848	951	1,166
Buybacks	0.0	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	n/a	n/a	176	26.7
Dividends paid	578	597	641	639	666	684	734	727	732	755	793	756	757	757	757	796	796	832	793	834
Shares outstanding	455m	456m	456m	466m	466m	466m	466m	466m	466m	466m	467m	467m	467m	467m	468m	468m	468m	466m	466m	466m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-K	10-K	10-Q	10-K	10-K	10-K	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 27 October 2026 with a Form 8-K: the release.