

	Domestic Site		Int'l Site		Site
	Leasing		Leasing		Development		Other		Total

For the three months ended March 31, 2026	(in thousands)
Revenues ⁽¹⁾	$	450,301	$	205,848	$	47,289	$	—	$	703,438
Cost of revenues ⁽²⁾		70,621		61,291		39,424		—		171,336
Operating profit		379,680		144,557		7,865		—		532,102
Selling, general, and administrative expenses		31,357		18,309		3,579		17,303		70,548
Acquisition and new business initiatives
related adjustments and expenses		5,530		2,560		—		—		8,090
Asset impairment and decommission costs		26,971		2,131		198		—		29,300
Depreciation, amortization and accretion		37,618		41,154		903		1,641		81,316
Operating income (loss)		278,204		80,403		3,185		(18,944)		342,848
Other expense, net (principally interest
expense and other income)								(106,834)		(106,834)
Income before income taxes										236,014
Cash capital expenditures ⁽³⁾		59,575		129,305		432		2,919		192,231

For the three months ended March 31, 2025
Revenues ⁽¹⁾	$	460,994	$	155,215	$	48,039	$	—	$	664,248
Cost of revenues ⁽²⁾		68,272		47,206		38,188		—		153,666
Operating profit		392,722		108,009		9,851		—		510,582
Selling, general, and administrative expenses		31,007		17,424		3,215		14,573		66,219
Acquisition and new business initiatives
related adjustments and expenses		5,861		1,518		—		—		7,379
Asset impairment and decommission costs		15,164		21,318		—		544		37,026
Depreciation, amortization and accretion		36,744		25,523		857		1,924		65,048
Operating income (loss)		303,946		42,226		5,779		(17,041)		334,910
Other expense, net (principally interest
expense and other income)								(74,985)		(74,985)
Income before income taxes										259,925
Cash capital expenditures ⁽³⁾		42,379		66,340		826		895		110,440

(1)For the three months ended March 31, 2026 and 2025, site leasing revenue in Brazil was $88.9 million and $85.0 million, respectively. Other than Brazil, no foreign country represented more than 5% of the Company’s total site leasing revenue in any of the periods presented.

(2)Excludes depreciation, amortization, and accretion. Cost of revenues is primarily comprised of rent expense related to the Company’s ground leases.

(3)Includes cash paid for capital expenditures, acquisitions, and right-of-use assets.

(4)Assets in Other consist primarily of general corporate assets and short-term investments.