v3.26.1
BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Summarized Financial Information Concerning the Company's Reportable Segments
Summarized financial information concerning the Company’s reportable segments for the three and six months ended June 30, 2026 and 2025 is shown in the following tables. The “Other” column (i) represents amounts excluded from specific segments, such as business development operations, stock-based compensation expense and corporate expenses included in Selling, general, administrative and development expense; Other operating expenses; Interest income; Interest expense; Gain (loss) on retirement of long-term obligations; and Other income (expense), and (ii) reconciles segment operating profit to Income from continuing operations before income taxes.
PropertyTotal 
Property

Services
OtherTotal
Three Months Ended June 30, 2026U.S. & CanadaAfrica & APACEuropeLatin AmericaData Centers
Segment revenues$1,274.4 $415.3 $259.4 $441.6 $297.1 $2,687.8 $61.3 $2,749.1 
Segment operating expenses220.4 146.8 96.1 130.8 113.8 707.9 33.4 741.3 
Segment gross margin1,054.0 268.5 163.3 310.8 183.3 1,979.9 27.9 2,007.8 
Segment selling, general, administrative and development expense (1)41.9 22.2 15.9 23.7 26.7 130.4 5.7 136.1 
Segment operating profit$1,012.1 $246.3 $147.4 $287.1 $156.6 $1,849.5 $22.2 $1,871.7 
Stock-based compensation expense$34.2 34.2 
Other selling, general, administrative and development expense63.5 63.5 
Depreciation, amortization and accretion514.4 514.4 
Other expense (2)250.3 250.3 
Income from continuing operations before income taxes $1,009.3 
_______________
(1)Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $34.2 million.
(2)Primarily includes interest expense, partially offset by gains from foreign currency exchange rate fluctuations. Three months ended June 30, 2026 also includes a net gain on the sales of ATC Philippines and the controlling interest in KTBL of $20.4 million.
PropertyTotal 
Property

Services
OtherTotal
Three Months Ended June 30, 2025U.S. & CanadaAfrica & APACEuropeLatin AmericaData Centers
Segment revenues$1,307.1 $336.3 $232.7 $389.4 $261.9 $2,527.4 $99.5 $2,626.9 
Segment operating expenses222.2 104.5 86.6 124.4 102.9 640.6 48.1 688.7 
Segment gross margin1,084.9 231.8 146.1 265.0 159.0 1,886.8 51.4 1,938.2 
Segment selling, general, administrative and development expense (1)41.3 18.9 14.6 27.1 19.1 121.0 6.5 127.5 
Segment operating profit$1,043.6 $212.9 $131.5 $237.9 $139.9 $1,765.8 $44.9 $1,810.7 
Stock-based compensation expense$47.3 47.3 
Other selling, general, administrative and development expense58.9 58.9 
Depreciation, amortization and accretion510.3 510.3 
Other expense (2)682.4 682.4 
Income from continuing operations before income taxes $511.8 
_______________
(1)    Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $47.3 million.
(2)    Primarily includes interest expense and losses from foreign currency exchange rate fluctuations, partially offset by an unrealized gain from equity     securities of $110.7 million.
PropertyTotal 
Property

Services
OtherTotal
Six Months Ended June 30, 2026U.S. & CanadaAfrica & APACEuropeLatin AmericaData Centers
Segment revenues$2,536.0 $793.9 $520.1 $921.7 $586.0 $5,357.7 $128.9 $5,486.6 
Segment operating expenses426.7 266.9 188.6 264.6 225.9 1,372.7 71.9 1,444.6 
Segment gross margin2,109.3 527.0 331.5 657.1 360.1 3,985.0 57.0 4,042.0 
Segment selling, general, administrative and development expense (1)80.2 40.9 33.2 53.8 51.2 259.3 11.0 270.3 
Segment operating profit$2,029.1 $486.1 $298.3 $603.3 $308.9 $3,725.7 $46.0 $3,771.7 
Stock-based compensation expense$92.6 92.6 
Other selling, general, administrative and development expense128.3 128.3 
Depreciation, amortization and accretion1,032.6 1,032.6 
Other expense (2)490.8 490.8 
Income from continuing operations before income taxes $2,027.4 
Total assets$26,401.2 $4,363.8 $12,591.0 $8,742.1 $10,786.5 $62,884.6 $79.3 $336.2 $63,300.1 
Capital expenditures$164.5 $73.3 $128.8 $73.0 $341.3 $780.9 $— $7.8 $788.7 
_______________
(1)Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $92.6 million.
(2)Primarily includes interest expense, partially offset by gains from foreign currency exchange rate fluctuations. Six months ended June 30, 2026 also includes a net gain on the sales of ATC Philippines and the controlling interest in KTBL of $20.4 million.
PropertyTotal 
Property

Services
OtherTotal
Six Months Ended June 30, 2025U.S. & CanadaAfrica & APACEuropeLatin AmericaData Centers
Segment revenues$2,605.4 $669.9 $445.7 $788.6 $506.0 $5,015.6 $174.1 $5,189.7 
Segment operating expenses424.5 203.8 162.6 247.1 202.2 1,240.2 83.0 1,323.2 
Segment gross margin2,180.9 466.1 283.1 541.5 303.8 3,775.4 91.1 3,866.5 
Segment selling, general, administrative and development expense (1)80.6 39.0 30.4 48.1 42.0 240.1 12.9 253.0 
Segment operating profit$2,100.3 $427.1 $252.7 $493.4 $261.8 $3,535.3 $78.2 $3,613.5 
Stock-based compensation expense$100.7 100.7 
Other selling, general, administrative and development expense117.5 117.5 
Depreciation, amortization and accretion1,002.8 1,002.8 
Other expense (2)1,263.2 1,263.2 
Income from continuing operations before income taxes $1,129.3 
Total assets$26,889.9 $4,234.9 $12,884.5 $8,372.4 $10,705.3 $63,087.0 $139.0 $528.5 $63,754.5 
Capital expenditures$160.5 $99.8 $106.5 $57.9 $224.3 $649.0 $— $3.9 $652.9 
_______________
(1)Segment selling, general, administrative and development expenses exclude stock-based compensation expense of $100.7 million.
(2)Primarily includes interest expense and losses from foreign currency exchange rate fluctuations, partially offset by an unrealized gain from equity securities of $118.3 million and a gain on the sale of South Africa Fiber of $53.6 million.