v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
REVENUES:        
Total operating revenues $ 2,785.4 $ 2,717.4 $ 8,272.0 $ 7,907.1
Costs of operations (exclusive of items shown separately below):        
Property 724.9 657.0 2,097.6 1,897.2
Depreciation, amortization and accretion 519.4 522.9 1,552.0 1,525.7
Selling, general, administrative and development expense 228.2 233.0 719.4 704.2
Other operating expense (income) 11.9 17.4 22.1 (41.9)
Total operating expenses 1,516.4 1,484.1 4,495.0 4,222.0
OPERATING INCOME 1,269.0 1,233.3 3,777.0 3,685.1
OTHER INCOME (EXPENSE):        
Interest income 47.7 36.1 128.1 93.6
Interest expense (366.1) (347.1) (1,067.9) (1,015.0)
Loss on retirement of long-term obligations 0.0 0.0 (3.2) 0.0
Other (expense) income (including foreign currency gains (losses) of $27.0, $18.0, $137.2 and $(811.7), respectively) (52.2) 27.7 91.8 (684.4)
Total other expense (370.6) (283.3) (851.2) (1,605.8)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 898.4 950.0 2,925.8 2,079.3
Income tax provision (117.6) (37.4) (379.0) (287.6)
Net income 780.8 912.6 2,546.8 1,791.7
Net income attributable to noncontrolling interests (15.0) (59.3) (54.0) (82.9)
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC 765.8 853.3 2,492.8 1,708.8
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED $ 765.8 $ 853.3 $ 2,492.8 $ 1,708.8
NET INCOME PER COMMON SHARE AMOUNTS:        
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share) $ 1.65 $ 1.82 $ 5.35 $ 3.65
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share) $ 1.64 $ 1.82 $ 5.35 $ 3.64
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in thousands):        
BASIC (in shares) 465,323 468,287 465,817 468,036
DILUTED (in shares) 465,758 469,039 466,327 468,856
Property        
REVENUES:        
Total operating revenues $ 2,734.0 $ 2,616.3 $ 8,091.7 $ 7,631.9
Services        
REVENUES:        
Total operating revenues 51.4 101.1 180.3 275.2
Costs of operations (exclusive of items shown separately below):        
Services $ 32.0 $ 53.8 $ 103.9 $ 136.8