HighGravityDataAmerican Tower — Apr 28, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001053507-26-000094
Showing in the filing
Straight-line revenue (Data Centers Property)
“18”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 53
Straight-line revenue (Latin America Property) for FY2026
“6”
Straight-line revenue (Africa & APAC Property) for FY2026
“70”
Distributions per share for Q1 FY2026
“$1.79”
Total property revenue for FY2026
“$10,585 to $10,735”
Total property revenue growth rate vs. prior… for FY2026
“3.4%”
Net income for FY2026
“3,015 to 3,095”
Net income growth rate vs. prior year for FY2026
“16.2%”
Net income attributable to AMT common stockh… for FY2026
“2,965 to 3,045”
Net income attributable to AMT common stockh… for FY2026
“18.8%”
Adjusted EBITDA for FY2026
“7,195 to 7,265”
Adjusted EBITDA growth rate vs. prior year for FY2026
“1.4%”
AFFO attributable to AMT common stockholders for FY2026
“5,090 to 5,170”
AFFO attributable to AMT common stockholders… for FY2026
“1.8%”
AFFO attributable to AMT common stockholders… for FY2026
“$10.90 to $11.07”
AFFO attributable to AMT common stockholders… for FY2026
“2.1%”
U.S. & Canada segment property revenue for FY2026
“$5,060 million to $5,120 million”
Latin America property revenue for FY2026
“$1,730 million to $1,750 million”
Africa & APAC property revenue for FY2026
“$1,595 million to $1,615 million”
Europe property revenue for FY2026
“$1,025 million to $1,055 million”
Data Centers segment property revenue for FY2026
“$1,175 million to $1,195 million”
U.S. & Canada segment property revenue midpo… for FY2026
“(3.0)%”
Latin America property revenue midpoint grow… for FY2026
“5.9%”
Africa & APAC property revenue midpoint grow… for FY2026
“12.8%”
Europe property revenue midpoint growth rate for FY2026
“10.9%”
Data Centers segment property revenue midpoi… for FY2026
“12.5%”
International pass-through revenue (Latin Am… for FY2026
“$497”
International pass-through revenue (Africa &… for FY2026
“$403”
International pass-through revenue (Europe P… for FY2026
“$212”
International pass-through revenue (Total Pr… for FY2026
“$1,112”
Straight-line revenue (U.S. & Canada Property) for FY2026
“(124)”
Straight-line revenue (Total Property) for FY2026
“(27)”
Total Tenant Billings Growth (U.S. & Canada … for FY2026
“~0.5%”
Total Tenant Billings Growth (Latin America … for FY2026
“(~3%)”
Organic Tenant Billings (Africa & APAC Prope… for FY2026
“~8.5%”
Organic Tenant Billings (Europe Property) for FY2026
“~4%”
New Site Tenant Billings (Total Property) for FY2026
“~1%”
New Site Tenant Billings (Latin America Prop… for FY2026
“~0%”
New Site Tenant Billings (Africa & APAC Prop… for FY2026
“~3.5%”
New Site Tenant Billings (Europe Property) for FY2026
“~9%”
Total Tenant Billings Growth (Africa & APAC … for FY2026
“~12%”
Total Tenant Billings Growth (Europe Property) for FY2026
“~13%”
Total Tenant Billings Growth (Total Property) for FY2026
“~2%”
Discretionary capital projects for FY2026
“$1,050 to $1,080”
Ground lease purchases for FY2026
“200 to 220”
Start-up capital projects for FY2026
“35 to 55”
Redevelopment for FY2026
“335 to 365”
Capital improvement for FY2026
“165 to 175”
Corporate for FY2026
“15 – 15”
Total capital expenditures for FY2026
“$1,800 to $1,910”
Construction of communications sites (within… for FY2026
“1,700 to 2,300”
Data Centers segment development spend (with… for FY2026
“$695 million”
Straight-line revenue (Europe Property) for FY2026
“3”
Straight-line revenue (Data Centers Property) for FY2026
“18”
Exhibit 99.1 · the passage around this item
… earlier in the release
& Canada Latin America Africa & APAC Europe Data Centers (1) Total Property Segment revenues $ 1,262 $ 480 $ 379 $ 261 $ 289 $ 2,670 $ 68 $ 2,738 Segment operating expenses 206 134 120 93 112 665 39 703 Segment Gross Margin $ 1,055 $ 346 $ 259 $ 168 $ 177 $ 2,005 $ 29 $ 2,034 Segment SG&A (2) 38 30 19 17 25 129 5 134 Segment Operating Profit $ 1,017 $ 316 $ 240 $ 151 $ 152 $ 1,876 $ 24 $ 1,900 Segment Operating Profit Margin 81 % 66 % 63 % 58 % 53 % 70 % 35 % 69 % Growth Metrics Revenue Growth (2.8) % 20.3 % 13.5 % 22.4 % 18.4 % 7.3 % (9.4) % 6.8 % Total Tenant Billings Growth 0.7 % (2.1) % 13.9 % 6.0 % N/A 2.3 % Organic Tenant Billings Growth 0.6 % (2.0) % 10.5 % 3.9 % N/A 1.7 % Revenue Components (3) Prior-Year Tenant Billings $ 1,256 $ 280 $ 228 $ 144 $ — $ 1,908 Colocations/Amendments 34 6 16 4 — 60 Escalations 38 10 10 4 — 63 Cancellations (63) (21) (4) (1) — (89) Other (1) (1) 1 (1) — (2) Organic Tenant Billings $ 1,264 $ 274 $ 252 $ 150 $ — $ 1,941 New Site Tenant Billings 1 (0) 8 3 — 12 Total Tenant Billings $ 1,265 $ 274 $ 260 $ 153 $ — $ 1,952 Foreign Currency Exchange Impact (4) 0 35 21 18 — 74 Total Tenant Billings (Current Period) $ 1,265 $ 309 $ 281 $ 171 $ — $ 2,026 Straight-Line Revenue (25) 22 10 1 5 13 Pre-paid Amortization Revenue 18 1 0 8 — 27 Other Revenue 3 20 (13) 16 284 311 International Pass-Through Revenue — 112 89 56 — 257 Foreign Currency Exchange Impact (5) (0) 16 11 9 — 36 Total Property Revenue (Current Period) $ 1,262 $ 480 $ 379 $ 261 $ 289 $ 2,670 _______________ (1) For additional details related to the Data Centers segment, please refer to the supplemental disclosure package available on the Company’s website. (2) Excludes stock-based compensation expense. (3) All components of revenue, except those labeled current period, have been translated at prior-period foreign currency exchange rates. (4) Reflects foreign currency exchange impact on all components of Total Tenant Billings. (5) Reflects foreign currency exchange impact on components of revenue, other than Total Tenant Billings. 13 UNAUDITED CONSOLIDATED RESULTS FROM OPERATIONS, BY SEGMENT (CONTINUED) ($ in millions, totals may not add due to rounding.) Three Months Ended March 31, 2025 Property Services Total U.S. & Canada Latin America Africa & APAC Europe Data Centers (1) Total Property Segment revenues $ 1,298 $ 399 $ 334 $ 213 $ 244 $ 2,488 $ 75 $ 2,563 Segment operating expenses 202 123 99 7
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.