American Tower (AMT) Operating Expenses (2009 - 2026)

American Tower's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 14.49% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $6.0 billion (up 7.94% YoY), while the FY2025 annual figure was $5.8 billion, up 3.35% from the prior year.
• Operating Expenses came in at $1.5 billion for Q1 2026 at American Tower, down from $1.6 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.
• A 5-year average of $1.6 billion and a median of $1.5 billion in 2026 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses sank 41.66% in 2022 and surged 73.73% in 2023, its largest moves.
• American Tower's Operating Expenses stood at $1.1 billion in 2022, then soared by 73.73% to $1.8 billion in 2023, then retreated by 20.39% to $1.5 billion in 2024, then gained by 7.45% to $1.6 billion in 2025, then slipped by 4.98% to $1.5 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.5 billion, $1.6 billion, and $1.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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