The Investor
25 Feb 2026, 20:00
American Tower Corporation reports revenue growth in Q4 and full-year 2025
American Tower reported fourth-quarter 2025 total revenue of $2.74 billion, up 7.5% year over year, with total property revenue rising 7.6% to $2.67 billion. Adjusted EBITDA increased 7.5% to $1.82 billion, while attributable AFFO climbed 13.1% to $1.23 billion. Net income declined 32% to $837 million, and net income attributable to common stockholders fell 33.3% to $821 million.
For full-year 2025, total revenue grew 5.1% to $10.65 billion, and property revenue increased 3.7% to $10.31 billion. Net income rose 15.3% to $2.63 billion, while adjusted EBITDA advanced 4.7% to $7.13 billion. Attributable AFFO increased 2.2% to $5.04 billion, with adjusted AFFO up 8.2%.
CEO Steven Vondran cited strong leasing demand across the company’s global tower and data center portfolio, supported by 5G deployment, rising mobile data consumption, and growing hybrid-cloud and AI workloads. The company said it remains focused on revenue durability, cost efficiency initiatives and disciplined capital allocation in 2026.
Source: Business Wire
American Tower reported fourth-quarter 2025 total revenue of $2.74 billion, up 7.5% year over year, with total property revenue rising 7.6% to $2.67 billion. Adjusted EBITDA increased 7.5% to $1.82 billion, while attributable AFFO climbed 13.1% to $1.23 billion. Net income declined 32% to $837 million, and net income attributable to common stockholders fell 33.3% to $821 million.
For full-year 2025, total revenue grew 5.1% to $10.65 billion, and property revenue increased 3.7% to $10.31 billion. Net income rose 15.3% to $2.63 billion, while adjusted EBITDA advanced 4.7% to $7.13 billion. Attributable AFFO increased 2.2% to $5.04 billion, with adjusted AFFO up 8.2%.
CEO Steven Vondran cited strong leasing demand across the company’s global tower and data center portfolio, supported by 5G deployment, rising mobile data consumption, and growing hybrid-cloud and AI workloads. The company said it remains focused on revenue durability, cost efficiency initiatives and disciplined capital allocation in 2026.
Source: Business Wire
