American Tower Q4 revenue increased by 7.5% year-on-year, but this year's property income guidance is below expectations

Gelonghui, February 24th｜American Tower announced that revenue for the fourth quarter of 2025 increased by 7.5% year-on-year to $2.74 billion, exceeding analysts’ expectations of $2.68 billion. This was mainly driven by strong leasing activity from telecom operators and continued growth in data center demand. Among them, total property revenue increased by 7.6% year-on-year to $2.67 billion. Looking ahead to 2026, the company expects full-year property revenue to be between $10.44 billion and $10.59 billion, lower than analysts’ expectations of $10.959 billion.