American Tower vs IREN
Both are primarily Data Center Operators (Colo) companies. American Tower is larger by market cap ($75.6B vs $16.5B). American Tower reports higher tracked revenue ($10.6B vs $707M).
Shared segment: AI & Data Center.
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Side-by-side
| American Tower | IREN | |
|---|---|---|
| Market cap | $75.6B | $16.5B |
| Revenue | $10.6B (FY2025) | $707M (FY2026) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | major | challenger |
| Country | United States | Australia |
| Tracked suppliers | 4 | 7 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 8/100 | 7/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-04. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How American Tower and IREN compare
- Size: American Tower is the larger company by market cap.
- Revenue: American Tower reports higher tracked revenue.
- Supply-chain criticality: American Tower has the higher chokepoint score (8/100 vs 7/100).
- Footprint: American Tower (United States) vs IREN (Australia).
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Cite as: wafergraph, “American Tower vs IREN”, https://wafergraph.com/compare/american_tower-vs-iren (data as of 2026-10-04).
Frequently asked questions3
- Is American Tower bigger than IREN?
- American Tower is larger by market cap ($75.6B vs $16.5B).
- What's the difference between American Tower and IREN?
- American Tower is a major in Data Center Operators (Colo) based in United States; IREN is a challenger in Data Center Operators (Colo) based in Australia. Both operate in the AI & Data Center segment.
- Who are American Tower's and IREN's suppliers?
- wafergraph tracks 4 suppliers for American Tower and 7 for IREN.