American Tower said U.S. & Canada property segment revenue decreased $8.3 million and Latin America property segment revenue decreased $59.3 million for Q2 2025. Data Centers segment revenue increased $31.1 million.

1. 01

   American Tower said U.S. & Canada property segment revenue decreased $8.3 million and Latin America property segment revenue decreased $59.3 million for Q2 2025. Data Centers segment revenue increased $31.1 million.

2. 02

   The company cited an increase in foreign currency losses of $462.3 million as the primary driver of the increase in total other expense for Q2, and said the quarter also included $110.7 million in unrealized gains from equity securities in the United States. For the six months, foreign currency losses were $829.7 million.

3. 03

   American Tower said it repaid Series 2015-2 Notes of $525.0 million during the first half of 2025 and issued senior unsecured notes totaling $1.6 billion, including 500.0 million EUR, with maturities from 2030 to 2035.

4. 04

   The company said total debt as of June 30, 2025 was $37.7 billion, of which the current portion was $2.3 billion. Cash and cash equivalents held by foreign subsidiaries as of the same date were $1.5 billion.

Key figures

Quarter ended June 30, 2025

Revenue

$2.6B

Operating income

$1.2B

Net income

$381M

EPS

$0.78

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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