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American Tower saw revenue growth in Q2 2025 driven by strong services performance and demand at CoreSite, though net income fell sharply due to foreign currency losses.
Total revenue rose 3.2% year-over-year to $2.63 billion.
Net income fell 58.1% to $381 million due to foreign currency losses.
Adjusted EBITDA increased 1.8% to $1.75 billion.
CoreSite delivered double-digit growth amid demand for AI-ready interconnection.
The company raised its full-year 2025 outlook for revenue and adjusted EBITDA, while lowering net income guidance due to foreign currency impacts.
Visualization of income flow from segment revenue to net income