Crown Castle Inc. (CCI) Revenue History
Annual and quarterly revenue from 1997 to present
CCI Revenue Over Time (1997–2025)
CCI Revenue Growth History
23 of 28 years with positive growth- FY1997 revenue growth
- N/A
- FY1998 revenue growth
- +260.2%
- FY1999 revenue growth
- +205.7%
- FY2000 revenue growth
- +87.7%
- FY2001 revenue growth
- +38.5%
- FY2002 revenue growth
- -32.7%
- FY2003 revenue growth
- -8.0%
- FY2004 revenue growth
- +8.4%
- FY2005 revenue growth
- +12.0%
- FY2006 revenue growth
- +16.5%
- FY2007 revenue growth
- +75.8%
- FY2008 revenue growth
- +10.2%
- FY2009 revenue growth
- +10.4%
- FY2010 revenue growth
- +11.5%
- FY2011 revenue growth
- +8.2%
- FY2012 revenue growth
- +19.7%
- FY2013 revenue growth
- +17.8%
- FY2014 revenue growth
- +23.5%
- FY2015 revenue growth
- +3.5%
- FY2016 revenue growth
- +7.0%
- FY2017 revenue growth
- +8.5%
- FY2018 revenue growth
- +26.2%
- FY2019 revenue growth
- +7.3%
- FY2020 revenue growth
- +1.3%
- FY2021 revenue growth
- +8.6%
- FY2022 revenue growth
- +10.2%
- FY2023 revenue growth
- -0.1%
- FY2024 revenue growth
- -5.9%
- FY2025 revenue growth
- -35.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.01B | -4.8% |
| Q4 2025 | $1.07B | -35.0% |
| Q3 2025 | $1.07B | -35.1% |
| Q2 2025 | $1.06B | -4.2% |
| Q1 2025 | $1.06B | -4.8% |
| Q4 2024 | $1.65B | -1.5% |
| Q3 2024 | $1.65B | -0.9% |
| Q2 2024 | $1.11B | -40.7% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
CCI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CCI Revenue Analysis (1997–2025)
Current Revenue & Growth
As of June 21, 2026, Crown Castle Inc. (CCI) generated trailing twelve-month (TTM) revenue of $4.21 billion, reflecting slight decline in growth of -4.8% year-over-year. The most recent quarter (Q1 2026) recorded $1.01 billion in revenue, down 5.8% sequentially.
Historical Growth Trajectory
CCI's 5-year compound annual growth rate (CAGR) stands at -6.1%, indicating revenue contraction over this period. The 3-year CAGR of -15.2% is below the 5-year average, signalling a growth deceleration in recent years. Crown Castle Inc.'s highest annual revenue of $6.99 billion was recorded in 2022.
Revenue by Segment
CCI's revenue is primarily driven by Towers (68%), and Fiber (32%). With over half of revenue concentrated in Towers, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Real Estate sector peers — including AMT (+2.7% YoY), SBAC (+6.3% YoY), and UNIT (+149.3% YoY) — CCI has underperformed the peer group in revenue growth. Compare CCI vs AMT →
CCI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CCICurrent | $4.2B | -4.8% | -6.1% | 48.7% | |
 AMT | $10.6B | +2.7% | +5.8% | 45.8% | |
 SBAC | $2.8B | +6.3% | +6.2% | 48.7% | |
 UNIT | $2.2B | +149.3% | +15.9% | 21.2% | |
 LUMN | $12.4B | -6.8% | -9.7% | -1.5% | |
 CCOI | $976M | -6.7% | +11.4% | -10.6% |
CCI Historical Revenue Data (1997–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.26B | -35.1% | $2.82B | 66.1% | $2.08B | 48.7% |
| 2024 | $6.57B | -5.9% | $4.72B | 71.9% | $-2,938,000,000 | -44.7% |
| 2023 | $6.98B | -0.1% | $5.00B | 71.6% | $2.37B | 33.9% |
| 2022 | $6.99B | +10.2% | $4.92B | 70.4% | $2.42B | 34.7% |
| 2021 | $6.34B | +8.6% | $4.35B | 68.6% | $2.00B | 31.6% |
| 2020 | $5.84B | +1.3% | $3.87B | 66.3% | $1.86B | 31.9% |
| 2019 | $5.76B | +7.3% | $3.78B | 65.5% | $1.56B | 27.1% |
| 2018 | $5.37B | +26.2% | $3.53B | 65.7% | $1.38B | 25.8% |
| 2017 | $4.25B | +8.5% | $2.71B | 63.7% | $967.0M | 22.7% |
| 2016 | $3.92B | +7.0% | $2.48B | 63.2% | $949.0M | 24.2% |
| 2015 | $3.66B | +3.5% | $2.34B | 63.9% | $946.2M | 25.8% |
| 2014 | $3.54B | +23.5% | $2.23B | 63.1% | $940.7M | 26.6% |
| 2013 | $2.87B | +17.8% | $1.87B | 65.4% | $880.7M | 30.7% |
| 2012 | $2.43B | +19.7% | $1.70B | 70.0% | $834.7M | 34.3% |
| 2011 | $2.03B | +8.2% | $1.44B | 71.1% | $692.3M | 34.1% |
Full Stock Analysis
Deep dive into CCI consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
29+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CCI — Frequently Asked Questions
Quick answers to the most common questions about buying CCI stock.
Is CCI's revenue growth accelerating or slowing?
CCI revenue growth is slowing. TTM revenue is $4.2B, up -4.8% year-over-year — below the 5-year CAGR of -6.1%. The deceleration suggests maturing end-markets or increased competition.
What is CCI's revenue history from 1997 to 2026?
Crown Castle Inc. (CCI) revenue history spans 1997 to 2026. TTM revenue as of 2026 is $4.2B, growing at -4.8% YoY. The 5-year CAGR is -6.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CCI's long-term revenue growth rate (CAGR)?
Crown Castle Inc.'s 5-year revenue CAGR of -6.1% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -4.8% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CCI.
Why does CCI's quarterly revenue fluctuate?
CCI quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Crown Castle Inc.'s revenue data from 1997 to 2026 shows full historical quarterly detail on this page.
How is CCI's revenue distributed by segment?
CCI reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CCI's revenue compare to industry peers?
Crown Castle Inc. (CCI) with TTM revenue of $4.2B and -4.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.