American Tower AMT Revenue Breakdown

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$181.36 +3.72 (+2.09%)
As of: Oct 22, 2026 · 3:59 PM EDT
Annual revenue breakdowns for American Tower, fiscal 2009 to 2025, as reported in its filings.
Annual history

American Tower Revenue by Geography

Years FY 2009–2025
Lines 22
FY 2025 Total $10.64B

United States was American Tower’s largest region in fiscal 2025, bringing in $6.63B of $10.64B (62%).

American Tower revenue by geography, fiscal 2009 to 2025
Geography FY 2009 FY 2010 FY 2011 FY 2012 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $6.00B $6.18B $6.35B $6.63B
Brazil $741.90M $787.30M $786.10M $708.30M
Mexico $588.90M $611.80M $544.90M $508.90M
Nigeria $477.20M $495.40M $384.40M $461.70M
Spain $315.10M $298.00M $310.80M $351.90M
Germany $320.00M $363.60M $402.20M $455.50M
Uganda $199.70M $237.20M $269.10M $297.90M
South Africa $164.80M $157.90M $174.00M $172.60M
Ghana $144.40M $128.60M $126.70M $182.80M
Kenya $123.10M $120.00M $141.10M $177.60M
France $99.60M $113.40M $121.70M $130.30M
Colombia $106.10M $117.00M $110.40M $122.20M
Chile $91.80M $106.30M $103.70M $117.40M
Peru $84.70M $91.10M $95.00M $98.90M
Niger $42.10M $48.40M $51.30M $52.40M
Burkina Faso $41.20M $38.10M $40.10M $56.50M
Argentina $39.20M $43.80M $36.20M $43.60M
Costa Rica $23.90M $24.70M $25.30M $25.70M
Paraguay $15.40M $16.30M $16.30M $17.60M
Canada $12.50M $11.70M $13.30M $12.00M
Philippines $5.30M $8.90M $9.20M $10.40M
Bangladesh $3.90M $5.70M $7.90M $11.00M
Total $9.65B $10.01B $10.13B $10.64B
Totals include 17 discontinued lines from earlier reporting.

American Tower revenue by geography: what the figures show

American Tower brought in $10.64B from its 22 regions in fiscal 2025, the year ended December 31, 2025. American Tower regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $10.13B. United States was the largest at $6.63B (62.3%), ahead of Brazil at $708.30M (6.7%) and Mexico at $508.90M (4.8%). The other 19 regions brought in $2.80B combined.

Compared with fiscal 2024, Nigeria grew fastest, up 20.1% to $461.70M, while Brazil fell the most, down 9.9% to $708.30M.

American Tower stopped reporting Australia ($2.60M in fiscal 2024), New Zealand ($1.60M in fiscal 2024), Poland ($600.00K in fiscal 2023) and one other as separate regions.

Annual history

American Tower Revenue by Segment

Years FY 2009–2025
Lines 6
FY 2025 Total $10.64B

U.S. Canada was American Tower’s largest segment in fiscal 2025, bringing in $5.25B of $10.64B (49%).

American Tower revenue by segment, fiscal 2009 to 2025
Segment FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
U.S. Canada — $5.22B $5.25B $5.25B
Latin America $1.69B $1.80B $1.72B $1.64B
Africa Apac — $1.24B $1.21B $1.42B
Data Centers $766.60M $834.70M $924.80M $1.05B
Europe $735.70M $775.60M $834.70M $937.70M
Services $241.10M $143.00M $193.70M $339.60M
Total $9.65B $10.01B $10.13B $10.64B
Totals include 7 discontinued lines from earlier reporting.

American Tower revenue by segment: what the figures show

American Tower brought in $10.64B from its six segments in fiscal 2025, the year ended December 31, 2025. That was up 5.1% from $10.13B in fiscal 2024. U.S. Canada was the largest at $5.25B (49.3%), ahead of Latin America at $1.64B (15.4%) and Africa Apac at $1.42B (13.4%). The other three segments brought in $2.33B combined.

Compared with fiscal 2024, Services grew fastest, up 75.3% to $339.60M, while Latin America fell the most, down 4.4% to $1.64B.

American Tower began breaking out Africa Apac in fiscal 2023, when it brought in $1.24B. American Tower stopped reporting U.S. &Amp; Canada ($5.01B in fiscal 2022) and Africa &Amp; Apac ($1.20B in fiscal 2022) as separate segments.

Annual history

American Tower Revenue by Product & Service

Years FY 2018–2025
Lines 2
FY 2025 Total $10.64B

Property was American Tower’s largest product and service line in fiscal 2025, bringing in $10.31B of $10.64B (97%).

American Tower revenue by product and service, fiscal 2018 to 2025
Product and Service FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Property $9.40B $9.87B $9.93B $10.31B
Services $241.10M $143.00M $193.70M $339.60M
Total $9.65B $10.01B $10.13B $10.64B

American Tower revenue by product and service: what the figures show

American Tower brought in $10.64B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 5.1% from $10.13B in fiscal 2024. Property was the largest at $10.31B (96.8%), ahead of Services at $339.60M (3.2%).

Compared with fiscal 2024, Services grew 75.3% to $339.60M and Property grew 3.7% to $10.31B. From fiscal 2022 to 2025, combined revenue from these lines grew from $9.65B to $10.64B, a compound annual growth rate of 3.3%. Property's share of the total fell from 97.5% to 96.8%.

Questions

American Tower Revenue Breakdown FAQ

How does American Tower make money?

American Tower (AMT) reports its revenue by geography, by segment and by product and service. In fiscal 2025, United States was its largest region, bringing in $6.63B (62.3% of the total), followed by Brazil at $708.30M (6.7%).

What is American Tower's largest region?

United States was American Tower's largest region in fiscal 2025, bringing in $6.63B, or 62.3% of the $10.64B total across its 22 regions.

What is American Tower's largest segment?

U.S. Canada was American Tower's largest segment in fiscal 2025, bringing in $5.25B, or 49.3% of the $10.64B total across its six segments.

What is American Tower's largest product and service line?

Property was American Tower's largest product and service line in fiscal 2025, bringing in $10.31B, or 96.8% of the $10.64B total across its two product and service lines.

Which American Tower segment is growing the fastest?

Among American Tower's segments that make up at least 2% of revenue, Services grew fastest in fiscal 2025, up 75.3% from $193.70M to $339.60M.

Where does this revenue breakdown data come from?

Every figure comes from American Tower's annual financial filings, as reported. Each line keeps the name American Tower gives it, and years follow its fiscal calendar.

How far back does American Tower's revenue breakdown go?

American Tower's revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.