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American Tower (AMT) Cost of Revenue (2016 - 2025)

American Tower's Cost of Revenue history spans 17 years, with the latest figure at $37.2 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 16.98% year-over-year to $37.2 million; the TTM value through Dec 2025 reached $174.0 million, up 87.9%, while the annual FY2025 figure was $174.0 million, 87.9% up from the prior year.
  • Cost of Revenue for Q4 2025 was $37.2 million at American Tower, down from $53.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $223.3 million in Q4 2021 and bottomed at -$156.4 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $33.4 million (2024), against an average of $38.7 million.
  • The largest annual shift saw Cost of Revenue surged 456.86% in 2021 before it tumbled 1877.27% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $223.3 million in 2021, then crashed by 96.06% to $8.8 million in 2022, then crashed by 1877.27% to -$156.4 million in 2023, then surged by 120.33% to $31.8 million in 2024, then grew by 16.98% to $37.2 million in 2025.
  • Per Business Quant, the three most recent readings for AMT's Cost of Revenue are $37.2 million (Q4 2025), $53.8 million (Q3 2025), and $48.1 million (Q2 2025).