The Investor
28 Apr 2026, 19:15
American Tower Corporation reported first-quarter 2026 results with total revenue rising 6.8% year-over-year to $2.74 billion, driven by growth in property revenue across global markets.
Net income surged 76% to $879 million, supported in part by favorable foreign exchange impacts, while adjusted EBITDA increased 5.2% to $1.84 billion. Adjusted funds from operations (AFFO) grew 2.6% to $1.32 billion.
The company highlighted strong demand for digital infrastructure, including mobile data, cloud services, and AI-related workloads, and raised the midpoint of its full-year 2026 outlook across key metrics, including revenue and EBITDA.
Source: American Tower press release, Business Wire
Net income surged 76% to $879 million, supported in part by favorable foreign exchange impacts, while adjusted EBITDA increased 5.2% to $1.84 billion. Adjusted funds from operations (AFFO) grew 2.6% to $1.32 billion.
The company highlighted strong demand for digital infrastructure, including mobile data, cloud services, and AI-related workloads, and raised the midpoint of its full-year 2026 outlook across key metrics, including revenue and EBITDA.
Source: American Tower press release, Business Wire