American Tower (AMT) Revenue — Quarter Ended Dec 31, 2025
Revenue declined sharply in the reporting quarter compared to both the prior quarter and the same quarter last year. The decrease marks a significant reversal from the strong growth seen earlier in the fiscal year.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue declined sharply in the reporting quarter compared to both the prior quarter and the same quarter last year. The decrease marks a significant reversal from the strong growth seen earlier in the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$219.8M
Revenue reported for this quarter.
Quarter-over-quarter
-10.8%
Change from the immediately preceding quarter.
Year-over-year
-91.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$935.9M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $226M | +30.6% |
| Jun 30, 2025 | $243.7M | +24.1% |
| Sep 30, 2025 | $246.4M | +29.4% |
| Dec 31, 2025 | $219.8M | -91.4% |
Revenue performance
The reported revenue moved downward, ending a streak of sequential increases observed in the first three quarters of the fiscal year.
Quarterly comparison
Revenue was lower than the immediately preceding quarter and substantially lower than the same quarter one year earlier. The year-over-year comparison shows a much steeper decline than the sequential drop.
What to watch
The sharp year-over-year decline warrants attention, particularly given the prior quarters' consistent growth pattern.