American Tower reports 4.7% revenue growth, raises full-year outlook on FX tailwinds

Filed July 28, 2026 · Period ending July 28, 2026 · ~1 min read

Key Changes

• high

  Q2 revenue rose 4.7% to $2.7B with property revenue up 6.3%; net income surged 133% to $888M driven by $42M FX gain vs. $484M prior-year loss; AFFO per share grew 3.8% to $2.71

  Exhibit 99.1 view on EDGAR →
• high

  Raised full-year outlook: property revenue midpoint up $110M, AFFO per share up $0.09 to $11.00–$11.17 range, reflecting favorable FX ($35M revenue, $22M EBITDA), data center outperformance, and one-time expense benefits

  Exhibit 99.1 view on EDGAR →
• medium

  Completed Philippines exit for $75.6M and Bangladesh controlling-interest sale for $6.9M in June, generating combined $20.4M net gain and reducing international footprint

  Exhibit 99.1 view on EDGAR →