American Tower Corporation Reports First Quarter 2026 Financial Results

About this update from American Tower Corporation (reit)

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The structural growth drivers of our business continue to strengthen, with rising mobile data consumption, accelerating cloud adoption and the rapid expansion of AI-driven workloads all pointing toward sustained investment in high-quality digital infrastructure.","length":368,"tagName":"p"},{"type":"text","content":"I believe American Tower is now operating from its strongest strategic position in more than a decade, reflecting the actions we've taken to strengthen our balance sheet, reduce risk and enhance the quality and predictability of our earnings. With a best-in-class portfolio of towers and interconnection-rich data centers, we are well positioned to drive durable growth, expand margins and deliver attractive long-term value for our shareholders."","length":456,"tagName":"p"},{"type":"text","content":" CONSOLIDATED OPERATING RESULTS OVERVIEW ","length":39,"tagName":"p"},{"type":"text","content":"American Tower generated the following operating results for the quarter ended March 31, 2026 (all comparative information is presented against the quarter ended March 31, 2025).","length":178,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:79%;","val":[{"type":"text","content":" ($ in millions, except per share amounts.) 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Actual results may differ materially from these estimates as a result of various factors, and the Company refers you to the cautionary language regarding "forward-looking statements" included in this press release when considering this information.","length":437,"tagName":"p"},{"type":"text","content":"The Company’s outlook is based on the following average foreign currency exchange rates to 1.00 U.S. Dollar for April 28, 2026 through December 31, 2026: (a) 1,623 Argentinean Pesos; (b) 123.30 Bangladeshi Taka; (c) 5.50 Brazilian Reais; (d) 1.37 Canadian Dollars; (e) 880 Chilean Pesos; (f) 3,800 Colombian Pesos; (g) 0.85 Euros; (h) 11.00 Ghanaian Cedis; (i) 132 Kenyan Shillings; (j) 17.90 Mexican Pesos; (k) 1,430 Nigerian Naira; (l) 6,700 Paraguayan Guarani; (m) 3.40 Peruvian Soles; (n) 58.20 Philippine Pesos; (o) 16.90 South African Rand; (p) 3,580 Ugandan Shillings; and (q) 560 West African CFA Francs.","length":612,"tagName":"p"},{"type":"text","content":"The Company’s outlook reflects estimated positive impacts of foreign currency exchange rate fluctuations to total property revenue, Adjusted EBITDA, AFFO attributable to AMT common stockholders and AFFO attributable to AMT common stockholders per Share of approximately $107 million, $67 million, $55 million and $0.12 per Share, respectively, relative to the Company’s prior 2026 outlook. 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