KPIs & Operating Metrics(New)
Growth Metrics

American Tower (AMT) Cost of Revenue (2016 - 2026)

American Tower (AMT) has disclosed Cost of Revenue for 17 consecutive years, with $37.2 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue rose 16.98% to $37.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $174.0 million through Dec 2025, up 87.9% year-over-year, with the annual reading at $174.0 million for FY2025, 87.9% up from the prior year.
  • Cost of Revenue hit $37.2 million in Q4 2025 for American Tower, down from $53.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $223.3 million in Q4 2021 to a low of $8.8 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $47.1 million across 5 years, with a median of $33.4 million in 2024.
  • Biggest five-year swings in Cost of Revenue: soared 456.86% in 2021 and later crashed 96.06% in 2022.
  • Year by year, Cost of Revenue stood at $223.3 million in 2021, then plummeted by 96.06% to $8.8 million in 2022, then rose by 28.41% to $11.3 million in 2023, then surged by 181.42% to $31.8 million in 2024, then increased by 16.98% to $37.2 million in 2025.
  • Business Quant data shows Cost of Revenue for AMT at $37.2 million in Q4 2025, $53.8 million in Q3 2025, and $48.1 million in Q2 2025.