NYSE$AMT
American Tower Corp · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
American Tower reported Q2 2025 total revenues of $2.63B with net income of $367M and diluted EPS of $0.78.
Total revenues were $2.63 billion as tower leasing and services revenue grew with mobile data demand. Net income was $367 million; diluted EPS was $0.78. CoreSite data-center integration and international builds support AFFO growth.
- Q2 total revenues $2.63B.
- Net income $367M; diluted EPS $0.78.
- Tower leasing tied to carrier 5G rollouts.
- Data-center and international capex affect AFFO.
Headline financials
Revenue & EPS history
American Tower · Revenue · Quarterly
$2.63B
Revenue by segment
American Tower · $2.52B total across 6 segments · Q3 2023
- U.S. & Canada Property$1.33B+5.2%52.6%
- Latin America Property$460M+9.5%18.3%
- Africa & APAC Property$294M-3.0%11.7%
- Data Centers$212M+9.3%8.4%
- Europe Property$200M+8.7%7.9%
- Services$26.2M-57.7%1.0%
Forward guidance
REIT and real estate outlook ties to occupancy, rent spreads, and financing costs.
Tailwinds
- Leasing spreads and development deliveries.
- Tower or grocery-anchored demand drivers.
Headwinds
- Interest rates and refinancing risk.
- Office or housing market softness.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
+0.2%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+1.9%
Avg return
30 days after
51%
37 / 73 earnings
Positive
+6.2%
Q3 2023
Best reaction
-6.9%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.8% | +3.6% | +5.3% | |
| Q4 2025 | +0.7% | +1.0% | -11.1% | |
| Q3 2025 | -3.7% | -5.7% | -4.5% | |
| Q2 2025 | -4.2% | -5.4% | -9.7% | |
| Q1 2025 | +4.7% | +5.8% | +1.1% | |
| Q4 2024 | +6.1% | +7.1% | +11.5% | |
| Q3 2024 | -3.9% | -4.9% | -5.8% | |
| Q2 2024 | +2.5% | +9.2% | +4.0% | |
| Q1 2024 | +1.1% | +3.9% | +9.0% | |
| Q4 2023 | +3.2% | +7.5% | +5.3% | |
| Q3 2023 | +6.2% | +10.0% | +23.1% | |
| Q2 2023 | -0.5% | +0.7% | -6.6% | |
| Q1 2023 | +1.9% | -1.1% | -9.7% | |
| Q4 2022 | -1.8% | -0.6% | +0.2% | |
| Q3 2022 | +4.0% | +5.6% | +11.8% | |
| Q2 2022 | +4.9% | +3.2% | +1.1% | |
| Q1 2022 | -1.0% | -7.0% | +2.4% | |
| Q4 2021 | +2.7% | +0.5% | +5.8% | |
| Q3 2021 | -1.2% | -1.0% | -7.9% | |
| Q2 2021 | -0.8% | -0.2% | +0.2% | |
| Q1 2021 | +1.1% | -1.2% | +1.4% | |
| Q4 2020 | -3.8% | -7.1% | +6.2% | |
| Q3 2020 | -0.2% | +1.8% | +1.7% | |
| Q2 2020 | -3.6% | -4.1% | -8.0% | |
| Q1 2020 | -2.3% | -2.8% | +6.0% | |
| Q4 2019 | -1.0% | -7.5% | -9.3% | |
| Q3 2019 | -0.8% | -5.2% | -1.5% | |
| Q2 2019 | +1.3% | +2.5% | +10.3% | |
| Q1 2019 | -0.3% | -0.6% | +8.3% | |
| Q4 2018 | +1.2% | +3.3% | +13.2% | |
| Q3 2018 | +2.0% | -0.5% | +6.5% | |
| Q2 2018 | +5.2% | +5.8% | +4.4% | |
| Q1 2018 | +0.1% | +1.8% | +1.5% | |
| Q4 2017 | -2.4% | -6.1% | +1.8% | |
| Q3 2017 | -1.4% | -0.5% | +0.7% | |
| Q2 2017 | +0.3% | -1.4% | +4.6% | |
| Q1 2017 | +2.5% | +4.2% | +6.8% | |
| Q4 2016 | +1.7% | +2.5% | +7.2% | |
| Q3 2016 | +0.4% | -0.4% | -7.2% | |
| Q2 2016 | -1.6% | -0.7% | -3.7% | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | +1.3% | — | — | |
| Q2 2015 | -1.8% | — | — | |
| Q1 2015 | -0.0% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q3 2014 | +2.6% | — | — | |
| Q2 2014 | +2.2% | — | — | |
| Q1 2014 | +4.2% | — | — | |
| Q4 2013 | -2.6% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | -1.9% | — | — | |
| Q1 2013 | -0.2% | — | — | |
| Q4 2012 | +5.1% | — | — | |
| Q3 2012 | +1.6% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q3 2011 | +0.9% | — | — | |
| Q2 2011 | -6.9% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2007 | -1.9% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q2 2010 | -0.4% | — | — | |
| Q1 2009 | -4.9% | — | — | |
| Q1 2010 | -0.2% | — | — | |
| Q4 2009 | +0.3% | — | — | |
| Q3 2008 | +1.1% | — | — | |
| Q3 2009 | +1.1% | — | — | |
| Q2 2008 | -3.7% | — | — | |
| Q4 2008 | -3.7% | — | — | |
| Q2 2009 | -3.7% | — | — |
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