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American Tower (AMT) Operating Expenses (2016 - 2025)

American Tower's Operating Expenses history spans 17 years, with the latest figure at $1.6 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 7.45% year-over-year to $1.6 billion; the TTM value through Dec 2025 reached $5.8 billion, up 3.35%, while the annual FY2025 figure was $5.8 billion, 3.35% up from the prior year.
  • Operating Expenses for Q4 2025 was $1.6 billion at American Tower, up from $1.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.2 billion in Q3 2023 and bottomed at $1.1 billion in Q4 2022.
  • The 5-year median for Operating Expenses is $1.5 billion (2025), against an average of $1.6 billion.
  • The largest annual shift saw Operating Expenses plummeted 41.66% in 2022 before it surged 73.73% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $1.8 billion in 2021, then plummeted by 41.66% to $1.1 billion in 2022, then soared by 73.73% to $1.8 billion in 2023, then dropped by 20.39% to $1.5 billion in 2024, then grew by 7.45% to $1.6 billion in 2025.
  • Per Business Quant, the three most recent readings for AMT's Operating Expenses are $1.6 billion (Q4 2025), $1.5 billion (Q3 2025), and $1.4 billion (Q2 2025).