Quarterly ResultApr 28, 2026, 07:08 AM
AMT Q1 Revenue +6.8% to $2.74B; Net Income +76.2% to $879M; Raises FY26 Outlook
AI Summary
American Tower Corporation reported strong financial results for Q1 2026, with total revenue increasing 6.8% to $2,738 million and net income soaring 76.2% to $879 million. Adjusted EBITDA grew 5.2% to $1,835 million, and AFFO attributable to common stockholders increased 2.6% to $1,324 million. The company also declared a Q1 2026 cash distribution of $1.79 per share, repurchased $184 million in common stock, and repaid $1.2 billion in senior unsecured notes. Reflecting these positive trends, American Tower raised its full-year 2026 outlook for key financial metrics.
Key Highlights
- Total revenue increased 6.8% to $2,738 million in Q1 2026.
- Net income surged 76.2% to $879 million in Q1 2026.
- Adjusted EBITDA grew 5.2% to $1,835 million.
- AFFO attributable to common stockholders rose 2.6% to $1,324 million.
- Declared Q1 2026 cash distribution of $1.79 per share, up 5.3% YoY.
- Repurchased 1.1 million shares for $184 million in Q1 2026.
- Repaid $1.2 billion in senior unsecured notes ($500M in Feb, $700M in Apr).
- Raised full-year 2026 outlook for property revenue, Adjusted EBITDA, and AFFO.