Filing Flows › American Tower (AMT) › Q3 2026 › vs Q2 2026
American Tower (AMT) Q3 2026 vs Q2 2026 (quarter over quarter)
American Tower's revenue rose $36.3M (+1%) from $2.7B in Q2 2026 to $2.8B in Q3 2026. The biggest changes: Latin America +$18.4M (+4%); Data Centers +$15.9M (+5%); Africa & APAC +$12.6M (+3%). Operating margin 45.6% against 46.2% (-0.6 pts).
American Tower, Q3 2026: revenue $2.8B (+2% year over year), operating margin 45.6%, net earnings $766M, operating cash flow $1.4B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 45.6% | 46.2% | -0.6 pts |
| Net margin | 27.5% | 31.6% | -4.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| U.S. & Canada | $1.3B | $1.3B | −$9.1M | -0.7% |
| Latin America | $460M | $442M | $18.4M | +4% |
| Africa & APAC | $428M | $415M | $12.6M | +3% |
| Data Centers | $313M | $297M | $15.9M | +5% |
| Europe | $258M | $259M | −$1.5M | -0.6% |
| Revenue | $2.8B | $2.7B | $36.3M | +1% |
| Operating profit | $1.3B | $1.3B | $200K | 0% |
| Costs & expenses | $1.5B | $1.5B | $36.1M | +2% |
| Pre-tax earnings | $898M | $1.0B | −$111M | -11% |
| Other expense, net | $371M | $260M | $111M | +43% |
| SG&A | $228M | $234M | −$5.6M | -2% |
| Other operating costs | $1.3B | $1.2B | $41.7M | +3% |
| Net earnings | $766M | $868M | −$102M | -12% |
| Minority interests | $15.0M | $20.0M | −$5.0M | -25% |
| Income tax | $118M | $122M | −$4.2M | -3% |
| Depreciation & amortization | $519M | $514M | $5.0M | +1% |
| Share-based compensation | $31.5M | $34.2M | −$2.7M | -8% |
| Working capital & other | $76.1M | $70.7M | $5.4M | +8% |
| Operating cash flow | $1.4B | $1.5B | −$94.0M | -6% |
Questions
How much did American Tower's revenue grow quarter over quarter in Q3 2026?
American Tower's revenue rose $36.3M (+1%) from $2.7B in Q2 2026 to $2.8B in Q3 2026.
What drove American Tower's revenue change in Q3 2026?
Latin America +$18.4M (+4%); Data Centers +$15.9M (+5%); Africa & APAC +$12.6M (+3%).