American Tower reported third-quarter 2026 total revenue of $2,785 million, a 2.5% increase year-over-year, driven by 4.5% growth in property revenue to $2,734 million. Net income attributable to common stockholders decreased 10.3% to $766 million due to unrealized losses on equity investments, while Adjusted EBITDA rose 0.9% to $1,832 million and AFFO increased 2.4% to $1,335 million. The company raised its full-year 2026 property revenue midpoint by $55 million to reflect data center outperformance, though net income midpoints were lowered by $30 million. Additionally, the Board authorized an additional $2.0 billion for share repurchases and announced the expected sale of Canadian tower assets for approximately $202 million. American Tower is a leading independent owner, operator, and developer of multitenant communications real estate.
