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American Tower (AMT) Operating Expenses (2016 - 2026)

American Tower (AMT) has disclosed Operating Expenses for 17 consecutive years, with $1.6 billion as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 7.45% to $1.6 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $5.8 billion through Dec 2025, up 3.35% year-over-year, with the annual reading at $5.8 billion for FY2025, 3.35% up from the prior year.
  • Operating Expenses hit $1.6 billion in Q4 2025 for American Tower, up from $1.5 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.0 billion in Q3 2022 to a low of $1.1 billion in Q4 2022.
  • Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.5 billion in 2025.
  • Biggest five-year swings in Operating Expenses: tumbled 41.66% in 2022 and later soared 73.73% in 2023.
  • Year by year, Operating Expenses stood at $1.8 billion in 2021, then tumbled by 41.66% to $1.1 billion in 2022, then skyrocketed by 73.73% to $1.8 billion in 2023, then decreased by 20.39% to $1.5 billion in 2024, then increased by 7.45% to $1.6 billion in 2025.
  • Business Quant data shows Operating Expenses for AMT at $1.6 billion in Q4 2025, $1.5 billion in Q3 2025, and $1.4 billion in Q2 2025.