American Tower said total revenue for Q1 2026 increased 6.8% to $2,738 million, net income increased 76.2% to $879 million, and Adjusted EBITDA increased 5.2% to $1,835 million.

1. 01

   American Tower said total revenue for Q1 2026 increased 6.8% to $2,738 million, net income increased 76.2% to $879 million, and Adjusted EBITDA increased 5.2% to $1,835 million.

2. 02

   The company said net income growth for Q1 was affected by a foreign currency gain of approximately $68.1 million (compared with a foreign currency loss of $(345.7) million in the prior-year period). It also cited the prior-year gain on the sale of South Africa Fiber of $53.6 million as an effect.

3. 03

   The company said that as of March 31, 2026, total debt was $37,322 million, net debt was $35,713 million, and the Net Leverage Ratio was 4.9x. It also said total liquidity was approximately $10.4 billion.

4. 04

   The company said it is raising the midpoint of its full-year 2026 outlook for property revenue by $145 million and for Adjusted EBITDA by $105 million, citing foreign currency exchange rate fluctuations and accelerating straight-line revenue in Latin America.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

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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