American Tower Operating Expenses Growth & History (AMT)
American Tower's operating expenses was $2.97B for fiscal 2025.
View full American Tower company overviewAmerican Tower annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.97B | $17.5M | +0.59% |
| 2024 | 2024-12-31 | $2.95B | −$964.1M | −24.63% |
| 2023 | 2023-12-31 | $3.91B | −$239.6M | −5.77% |
| 2022 | 2022-12-31 | $4.15B | — | — |
| 2017 | 2017-12-31 | $4.67B | $732.9M | +18.64% |
| 2016 | 2016-12-31 | $3.93B | $773.9M | +24.50% |
| 2015 | 2015-12-31 | $3.16B | $545.6M | +20.88% |
| 2014 | 2014-12-31 | $2.61B | $466.0M | +21.70% |
| 2013 | 2013-12-31 | $2.15B | $390.9M | +22.26% |
| 2012 | 2012-12-31 | $1.76B | $232.8M | +15.28% |
| 2011 | 2011-12-31 | $1.52B | $322.4M | +26.85% |
| 2010 | 2010-12-31 | $1.20B | $149.1M | +14.18% |
| 2009 | 2009-12-31 | $1.05B | $65.1M | +6.60% |
| 2008 | 2008-12-31 | $986.8M | −$91.5M | −8.48% |
| 2007 | 2007-12-31 | $1.08B | — | — |
American Tower quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $739.0M | −$1.5M | −0.20% |
| Q1 2026 | 2026-03-31 | $795.0M | $120.8M | +17.92% |
| Q4 2025 | 2025-12-31 | $779.3M | — | — |
| Q3 2025 | 2025-09-30 | $773.3M | — | — |
| Q2 2025 | 2025-06-30 | $740.5M | — | — |
| Q1 2025 | 2025-03-31 | $674.2M | — | — |
| Q2 2018 | 2018-06-30 | $1.23B | $149.3M | +13.75% |
| Q1 2018 | 2018-03-31 | $1.34B | $254.1M | +23.42% |
| Q4 2017 | 2017-12-31 | $1.38B | $325.2M | +30.97% |
| Q3 2017 | 2017-09-30 | $1.12B | $83.8M | +8.09% |
| Q2 2017 | 2017-06-30 | $1.09B | $76.2M | +7.55% |
| Q1 2017 | 2017-03-31 | $1.08B | $247.6M | +29.58% |
| Q4 2016 | 2016-12-31 | $1.05B | $172.3M | +19.63% |
| Q3 2016 | 2016-09-30 | $1.04B | $198.8M | +23.75% |
| Q2 2016 | 2016-06-30 | $1.01B | $224.8M | +28.65% |
| Q1 2016 | 2016-03-31 | $837.2M | $178.0M | +27.00% |
| Q4 2015 | 2015-12-31 | $877.9M | $177.6M | +25.36% |
| Q3 2015 | 2015-09-30 | $837.0M | $183.6M | +28.10% |
| Q2 2015 | 2015-06-30 | $784.6M | $155.6M | +24.75% |
| Q1 2015 | 2015-03-31 | $659.2M | $28.8M | +4.56% |
| Q4 2014 | 2014-12-31 | $700.3M | $51.3M | +7.90% |
| Q3 2014 | 2014-09-30 | $653.4M | $154.4M | +30.94% |
| Q2 2014 | 2014-06-30 | $629.0M | $132.9M | +26.80% |
| Q1 2014 | 2014-03-31 | $630.5M | $127.4M | +25.33% |
| Q4 2013 | 2013-12-31 | $649.0M | $159.9M | +32.69% |
| Q3 2013 | 2013-09-30 | $499.0M | $81.2M | +19.44% |
| Q2 2013 | 2013-06-30 | $496.0M | $68.8M | +16.10% |
| Q1 2013 | 2013-03-31 | $503.0M | $81.0M | +19.18% |
| Q4 2012 | 2012-12-31 | $489.1M | $83.7M | +20.64% |
| Q3 2012 | 2012-09-30 | $417.8M | $15.7M | +3.90% |
| Q2 2012 | 2012-06-30 | $427.2M | $55.8M | +15.02% |
| Q1 2012 | 2012-03-31 | $422.1M | $77.7M | +22.55% |
| Q4 2011 | 2011-12-31 | $405.5M | $61.3M | +17.80% |
| Q3 2011 | 2011-09-30 | $402.1M | $102.1M | +34.06% |
| Q2 2011 | 2011-06-30 | $371.4M | $90.2M | +32.08% |
| Q1 2011 | 2011-03-31 | $344.4M | $68.8M | +24.97% |
| Q4 2010 | 2010-12-31 | $344.2M | $72.7M | +26.77% |
| Q3 2010 | 2010-09-30 | $299.9M | $34.9M | +13.18% |
| Q2 2010 | 2010-06-30 | $281.2M | $24.3M | +9.46% |
| Q1 2010 | 2010-03-31 | $275.6M | $17.2M | +6.65% |
| Q4 2009 | 2009-12-31 | $271.5M | — | — |
| Q3 2009 | 2009-09-30 | $265.0M | $10.1M | +3.97% |
| Q2 2009 | 2009-06-30 | $256.9M | $18.0M | +7.52% |
| Q1 2009 | 2009-03-31 | $258.4M | — | — |
| Q3 2008 | 2008-09-30 | $254.9M | — | — |
| Q2 2008 | 2008-06-30 | $238.9M | — | — |
American Tower operating expenses trends
Between the periods ended 2007-12-31 and 2025-12-31, American Tower's operating expenses increased from $1.08B to $2.97B, a change of $1.89B. The latest reported quarter, Q2 2026, shows $739.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Tower source filings ↗