AM
AMT
Quarter ended Mar 31, 2025 · FY2025 Q1

American Tower (AMT) Revenue — Quarter Ended Mar 31, 2025

Revenue declined sharply from the prior quarter but rose compared to the same quarter last year. The sequential drop was driven by a large revenue figure in the preceding period, while the year-over-year gain reflects continued growth.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue declined sharply from the prior quarter but rose compared to the same quarter last year. The sequential drop was driven by a large revenue figure in the preceding period, while the year-over-year gain reflects continued growth.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$226M

Revenue reported for this quarter.

Quarter-over-quarter

-91.1%

Change from the immediately preceding quarter.

Year-over-year

+30.6%

Change from the comparable year-ago quarter.

Trailing four quarters

$3.2B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$196.4M+109.3%
Sep 30, 2024$190.4M+5.2%
Dec 31, 2024$2.5B+3.7%
Mar 31, 2025$226M+30.6%

Revenue performance

Reported revenue for the quarter was lower than the immediately preceding quarter, marking a significant sequential decrease. However, revenue increased compared to the same quarter one year earlier.

Quarterly comparison

Compared to the prior quarter, revenue fell sharply, while the year-over-year comparison showed a solid increase. The trailing twelve-month revenue remained substantial.

What to watch

Monitor whether the sharp sequential revenue decline reflects a temporary adjustment or a sustained trend.