American Tower reports Q3 2026 earnings and raises full‑year outlook
American Tower Corp. posted third‑quarter 2026 revenue of $2.79 billion, up 2.5% YoY, while net income fell to $781 million, a 14.4% decline. Adjusted EBITDA reached $1.832 billion and AFFO per share grew 3.2% to $2.87. The company lifted its full‑year property‑revenue guidance to a midpoint of $10.825 billion and its AFFO per‑share outlook to $11.10, citing strong data‑center performance and continued tower leasing demand.
Why it matters
The raised guidance signals higher cash flow expectations for 2026, which could support continued share‑repurchase activity and dividend growth (the company authorized an additional $315 million for repurchases). Investors will reassess valuation models based on the higher AFFO and revenue forecasts.
Key facts
- 1Q3 2026 revenue was $2.79 billion, up 2.5% YoY. stocktitan.net
- 2Net income for the quarter was $781 million, down 14.4% YoY. stocktitan.net
- 3Adjusted EBITDA was $1.832 billion, up 0.9% YoY. stocktitan.net
- 4AFFO per share increased 3.2% to $2.87. stocktitan.net
- 5Full‑year 2026 property‑revenue midpoint was raised to $10.825 billion. investing.com
- 6Full‑year 2026 AFFO per‑share outlook was raised to $11.10. investing.com
Summary written by AlphAI AI Desk from 17 of 17 sources. Not investment advice. Figures are as stated by the linked sources.