Crown Castle Inc.
CCI Real Estate Reit Specialty
Crown Castle Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, down 4.39% from fiscal 2024.
- Revenue
- −4.91%
- EPS
- −67.2%
- Free cash flow
- −40.4%
- Total debt
- −24.9%
Quarter to June 2026, against a year earlier
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Crown Castle Inc. 10-Q filed Aug 5, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 7, 2026: 34 added · 6 removed · 48 modified; 18 with only figures updated
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Modified · Overview
We own, operate and lease
shared communications infrastructure that is geographically dispersed throughout the U.S., including (1)approximately 40,000 towers and other structures, such as rooftops (collectively, "towers"), (2) approximately 105,000 small cell nodes either currently generating revenue or under contract and (3) approximately 90,000 route miles of fiber primarily supporting small cells and fiber solutions. Our towers, small cells and fiber solutions assets are collectively referred to herein asthat are geographically dispersed throughout the U.S. The customers on our towers are referred to herein as "tenants." We provide access, including space or capacity, to our towers via long-term contracts in various forms, including lease, license, sublease and service agreements (collectively, "communications infrastructure,tenant contracts"and the Company's customers on its communications infrastructure are referred to herein as "tenants). Site rental revenues represented 96% of our second quarter 2026 consolidated net revenues."TheCompany provides access, including space or capacity, to its communications infrastructure viavast majority of our site rental revenues are of a recurring nature and are derived from long-term tenant contractsin various forms, including lease, license, sublease and service agreements (collectively, "tenant contracts"). Our towers have a significant presence in each of the top 100 basic trading areas.