American Tower Corporation Reports Second Quarter 2026 Financial Results
American Tower reported Q2 revenue of $2.75 billion, up 4.7% year-over-year, with AFFO per share increasing 4.2% to $2.71. Net income surged 136.5% to $868 million, largely due to favorable foreign currency impacts, while core metrics like Adjusted EBITDA rose 3.2% to $1.81 billion. Management raised its full-year 2026 outlook, increasing the midpoint for AFFO per share by $0.09 to $11.09 and property revenue by $110 million to $10.77 billion. The revised guidance reflects positive foreign currency fluctuations, data center outperformance, and strong leasing demand across the global tower portfolio.
Key figures
- Eps
- 1.86
- Revenue
- 2749000000
- Guidance
- FY2026 Property Revenue $10,695M-$10,845M; Adjusted EBITDA $7,240M-$7,310M; AFFO $5,135M-$5,215M; AFFO per Share $11.00-$11.17
- Revenue Yoy
- 4.7%
- Affo
- 1264000000
- Net income
- 888000000
- Affo per share
- 2.71
- Free cash flow
- 1158000000
- Adjusted ebitda
- 1808000000
- Dividend per share
- 1.79
- Total property revenue
- 2688000000
- Organic tenant billings growth
- 1.7%
AI analysis
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