Jul. 28 at 11:26 AM
$AMT | AMERICAN TOWER CORPORATION Q2 2026 EARNINGS HIGHLIGHTS
◆ EPS:
$2.71 vs.
$2.71 est. ❌
◆ Revenue:
$2.75B vs.
$2.70B est. ✅
◆ Net Income:
$888M (+133.2% YoY)
◆ Nareit FFO:
$1,249M (+63.4% YoY)
◆ Adjusted EBITDA:
$1,808M (+3.2% YoY)
◆ Operating Cash Flow:
$1,487M (+16.0% YoY)
Segment Performance:
◆ U.S. & Canada Property:
$5,090M midpoint (FY) (-3.0% YoY)
◆ Data Centers:
$1,210M midpoint (FY) (+14.9% YoY)
◆ Latin America:
$1,800M midpoint (FY) (+9.6% YoY)
◆ Africa & APAC:
$1,630M midpoint (FY) (+14.6% YoY)
Key Metrics:
◆ Free Cash Flow:
$1,158M in Q2 2026, +19.6% YoY, after
$329M total cash capex
◆ Share repurchases: ~0.1M shares repurchased for ~
$19M in Q2 2026
◆ Common stock distribution declared:
$1.79/share (+5.3% YoY), aggregate
$834.1M
Forward Guidance:
◆ FY 2026 total property revenue:
$10,695M–
$10,845M (midpoint +4.5% YoY)
◆ FY 2026 net income:
$3,270M–
$3,350M (midpoint +25.9% YoY)
◆ FY 2026 Adjusted EBITDA:
$7,240M–
$7,310M (midpoint +2.0% YoY)
◆ FY 2026 AFFO attributable to AMT common stockholders:
$5,135M–
$5,215M (midpoint +2.7% YoY)
