Crown Castle Inc. (CCI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 1.01B | 1.07B | 1.07B | 1.06B | 1.06B | 1.65B | 1.65B | 1.11B | 1.11B | 1.67B | 1.67B | 1.87B | 1.77B | 1.76B | 1.75B | 1.73B | 1.74B | 1.65B | 1.62B | 1.58B |
| Revenue Growth % | -4.81% | -34.99% | -35.11% | -4.25% | -4.76% | -1.49% | -0.9% | -40.71% | -37.17% | -5.1% | -4.52% | 7.67% | 1.78% | 6.65% | 7.91% | 9.54% | 17.31% | 10.78% | 8.88% | 9.93% |
| Property Operating Expenses | 266M | 621M | 280M | 278M | 268M | 464M | 460M | 274M | 272M | 453M | 486M | 522M | 519M | 520M | 524M | 514M | 509M | 524M | 512M | 494M |
| Net Operating Income (NOI) | 744M | 451M | 792M | 782M | 793M | 1.19B | 1.19B | 833M | 842M | 1.22B | 1.18B | 1.34B | 1.25B | 1.24B | 1.22B | 1.22B | 1.23B | 1.13B | 1.11B | 1.09B |
| NOI Margin % | 73.66% | 42.07% | 73.88% | 73.77% | 74.74% | 71.86% | 72.16% | 75.25% | 75.58% | 72.94% | 70.85% | 72.04% | 70.73% | 70.52% | 69.99% | 70.36% | 70.78% | 68.32% | 68.36% | 68.79% |
| Operating Expenses | 279M | -76M | 267M | 276M | 272M | 5.69B | 648M | 338M | 322M | 633M | 695M | 678M | 626M | 632M | 620M | 627M | 615M | 607M | 580M | 584M |
| G&A Expenses | 90M | 94M | 97M | 99M | 93M | 166M | 153M | 136M | 114M | 178M | 176M | 210M | 195M | 192M | 187M | 190M | 181M | 180M | 167M | 169M |
| EBITDA | 637M | 697M | 692M | 681M | 698M | -4.07B | 1.47B | 675M | 711M | 1.03B | 925M | 1.11B | 1.06B | 1.04B | 1.03B | 1.02B | 1.04B | 938M | 939M | 913M |
| EBITDA Margin % | 63.07% | 65.02% | 64.55% | 64.25% | 65.79% | -246.69% | 89.23% | 60.98% | 63.82% | 61.35% | 55.49% | 59.56% | 59.73% | 59.13% | 59.05% | 58.82% | 59.59% | 56.71% | 58.03% | 57.68% |
| Depreciation & Amortization | 172M | 170M | 167M | 175M | 177M | 437M | 930M | 180M | 191M | 439M | 439M | 445M | 431M | 431M | 429M | 427M | 420M | 415M | 413M | 408M |
| D&A / Revenue % | 17.03% | 15.86% | 15.58% | 16.51% | 16.68% | 26.5% | 56.3% | 16.26% | 17.15% | 26.22% | 26.33% | 23.84% | 24.31% | 24.43% | 24.57% | 24.63% | 24.11% | 25.09% | 25.53% | 25.77% |
| Operating Income | 465M | 527M | 525M | 506M | 521M | -4.5B | 544M | 495M | 520M | 588M | 486M | 667M | 628M | 612M | 602M | 593M | 618M | 523M | 526M | 505M |
| Operating Margin % | 46.04% | 49.16% | 48.97% | 47.74% | 49.1% | -273.2% | 32.93% | 44.72% | 46.68% | 35.13% | 29.15% | 35.73% | 35.42% | 34.69% | 34.48% | 34.2% | 35.48% | 31.62% | 32.51% | 31.9% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 |
| Interest Coverage | 1.92x | 2.12x | 2.14x | 2.14x | 2.27x | -19.53x | 2.35x | 2.22x | 2.38x | 2.70x | 2.30x | 3.30x | 3.18x | 3.24x | 3.47x | 3.70x | 3.72x | 3.24x | - | - |
| Non-Operating Income | 0 | -2M | -3M | 2M | 4M | 26M | 8M | 3M | 2M | 4M | 5M | 4M | 8M | 10M | 9M | 9M | 34M | 11M | 11M | 12M |
| Pretax Income | 225M | 280M | 281M | 269M | 289M | -4.76B | 308M | 270M | 300M | 368M | 272M | 462M | 425M | 416M | 422M | 426M | 427M | 354M | 358M | 339M |
| Pretax Margin % | 22.28% | 26.12% | 26.21% | 25.38% | 27.24% | -288.84% | 18.64% | 24.39% | 26.93% | 21.98% | 16.32% | 24.75% | 23.97% | 23.58% | 24.17% | 24.57% | 24.51% | 21.4% | 22.13% | 21.42% |
| Income Tax | 5M | 3M | 4M | 4M | 5M | 5M | 5M | 5M | 6M | 5M | 7M | 7M | 7M | 2M | 3M | 5M | 6M | 1M | 7M | 6M |
| Effective Tax Rate % | 2.22% | 1.07% | 1.42% | 1.49% | 1.73% | -0.1% | 1.62% | 1.85% | 2% | 1.36% | 2.57% | 1.52% | 1.65% | 0.48% | 0.71% | 1.17% | 1.41% | 0.28% | 1.96% | 1.77% |
| Net Income | 151M | 294M | 323M | 291M | -464M | -4.77B | 303M | 251M | 311M | 363M | 265M | 455M | 418M | 414M | 419M | 421M | 421M | 353M | 351M | 334M |
| Net Margin % | 14.95% | 27.43% | 30.13% | 27.45% | -43.73% | -289.14% | 18.34% | 22.67% | 27.92% | 21.68% | 15.9% | 24.37% | 23.58% | 23.47% | 24% | 24.28% | 24.17% | 21.34% | 21.69% | 21.1% |
| Net Income Growth % | 132.54% | 106.17% | 6.6% | 15.94% | -249.2% | -1413.5% | 14.34% | -44.84% | -25.6% | -12.32% | -36.75% | 8.08% | -0.71% | 17.28% | 19.37% | 26.05% | 625.86% | -30.51% | 115.34% | 67% |
| Funds From Operations (FFO) | 323M | 464M | 490M | 466M | -287M | -4.33B | 1.23B | 431M | 502M | 802M | 704M | 900M | 849M | 845M | 848M | 848M | 841M | 768M | 764M | 742M |
| FFO Margin % | 31.98% | 43.28% | 45.71% | 43.96% | -27.05% | -262.64% | 74.64% | 38.93% | 45.06% | 47.91% | 42.23% | 48.21% | 47.88% | 47.9% | 48.57% | 48.9% | 48.28% | 46.43% | 47.22% | 46.87% |
| FFO Growth % | 212.54% | 110.71% | -60.26% | 8.12% | -157.17% | -640.02% | 75.14% | -52.11% | -40.87% | -5.09% | -16.98% | 6.13% | 0.95% | 10.03% | 10.99% | 14.29% | 80.47% | -15.51% | 34.27% | 23.26% |
| FFO per Share | 0.74 | 1.06 | 1.12 | 1.07 | -0.66 | -9.98 | 2.83 | 0.99 | 1.15 | 1.85 | 1.62 | 2.07 | 1.96 | 1.95 | 1.95 | 1.95 | 1.94 | 1.77 | 1.76 | 1.71 |
| FFO Payout Ratio % | 146.44% | 100.22% | 94.29% | 99.36% | -240.42% | -15.7% | 55.23% | 157.77% | 137.05% | 84.66% | 96.59% | 75.33% | 80.8% | 80.24% | 75.12% | 75.12% | 77.29% | 82.68% | 75.26% | 77.49% |
| EPS (Diluted) | 0.34 | 0.67 | 0.74 | 0.67 | -1.06 | -10.96 | 0.70 | 0.58 | 0.71 | 0.83 | 0.61 | 1.05 | 0.96 | 0.95 | 0.97 | 0.97 | 0.97 | 0.81 | 0.81 | 0.77 |
| EPS Growth % | 132.08% | 106.11% | 5.71% | 15.52% | -249.3% | -1420.48% | 14.75% | -44.76% | -26.04% | -12.63% | -37.11% | 8.25% | -1.03% | 17.28% | 19.75% | 25.97% | 646.15% | -30.77% | 113.16% | 87.8% |
| EPS (Basic) | 0.34 | 0.68 | 0.74 | 0.67 | -1.07 | -10.96 | 0.70 | 0.58 | 0.72 | 0.83 | 0.61 | 1.05 | 0.97 | 0.95 | 0.97 | 0.97 | 0.97 | 0.82 | 0.81 | 0.77 |
| Diluted Shares Outstanding | 437M | 437M | 437M | 437M | 436M | 434M | 436M | 435M | 435M | 434M | 434M | 434M | 434M | 434M | 434M | 434M | 434M | 434M | 434M | 434M |