American Tower AMT
NYSE AMT
$175.80 +0.08 (+0.05%)
At close: Aug 21, 2026 · 4:00 PM EDT

American Tower (AMT) Cost of Revenue (2009 - 2026)

American Tower (AMT) posted Cost of Revenue of $33.4 million for Q2 2026, down 13.25% sequentially from $38.5 million in Q1 2026, and down 30.56% YoY from $48.1 million in Q2 2025.

American Tower (AMT) Cost of Revenue (2009 - 2026) Analysis & Trends

American Tower has reported Cost of Revenue for 18 years, with the latest figure at $33.4 million in Q2 2026.

  • Quarterly Cost of Revenue fell 30.56% year-over-year to $33.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $162.9 million (up 16.61% YoY) and the FY2025 annual result came in at $174.0 million, up 87.9% from the prior year.
  • Cost of Revenue fell to $33.4 million in Q2 2026 per AMT's latest filing, from $38.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $127.5 million in Q1 2023 and troughed at $8.8 million in Q4 2022.
  • A 5-year average of $34.1 million and a median of $29.0 million in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue plunged 96.06% in 2022, then soared 388.51% in 2023.
  • Over 5 years, Cost of Revenue stood at $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, then slipped by 10.22% to $33.4 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $33.4 million, $38.5 million, and $37.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Equinix 105.14 Bn 102.92 Bn 1.40 Bn 1.23 Bn
2 American Tower 82.11 Bn 80.34 Bn 2.72 Bn 33.40 Mn
3 Digital Realty Trust 67.60 Bn 65.74 Bn - -
4 Iron Mountain 36.35 Bn 36.15 Bn 1.07 Bn 958.61 Mn
5 Crown Castle 32.72 Bn 31.68 Bn 989.00 Mn 19.00 Mn
6 Sba Communications 19.39 Bn 19.39 Bn 539.27 Mn 41.93 Mn
7 Weyerhaeuser 17.58 Bn 17.05 Bn 311.00 Mn 1.56 Bn
8 Lamar Advertising 15.26 Bn 15.19 Bn 422.53 Mn 194.22 Mn
9 Gaming & Leisure Properties 12.42 Bn 12.42 Bn - -
10 Rayonier 6.36 Bn 5.93 Bn 75.67 Mn 320.81 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 33.40 Mn
Jun 30, 2026 33.40 Mn
Mar 31, 2026 38.50 Mn
Mar 31, 2026 38.50 Mn
Dec 31, 2025 37.20 Mn
Dec 31, 2025 37.20 Mn
Sep 30, 2025 53.80 Mn
Sep 30, 2025 53.80 Mn
Jun 30, 2025 48.10 Mn
Jun 30, 2025 48.10 Mn
Mar 31, 2025 34.90 Mn
Mar 31, 2025 34.90 Mn
Dec 31, 2024 31.80 Mn
Dec 31, 2024 31.80 Mn
Sep 30, 2024 24.90 Mn
Sep 30, 2024 24.90 Mn
Jun 30, 2024 22.00 Mn
Jun 30, 2024 22.00 Mn
Mar 31, 2024 13.90 Mn
Mar 31, 2024 13.90 Mn