Company Analysis

Crown Castle Inc. (CCI)

NYSE: CCI · Real Estate Investment Trusts · Houston, TX · filing with the SEC since 1998
Grade4.3
◀ Past 3.5● Present 3.9▶ Future 5.8
The companyfiscal 2025, as filed
Revenue$4.26B-4.4%
Net income$444M+111.4%
Earnings per share$1.01+111.2%
Operating cash flow$3.06B+3.9%
Cash$99.0M-1.0%
Debt$21.55B-8.1%
Shareholders’ equity-$1.64B-1129.3%
Shares, diluted437.0M+0.7%
Return on equityn/a
The recordfrom its filings
Filings in 202665
Newest filingNov 10 · 4
Annual reportFeb 23, 2026
Quarterly reportNov 4, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$1.2M
Insider buys, 12 months$100,000
Patents granted7
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $4.08BNet income $822MCash from operations $1.97Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

Crown Castle reported third-quarter 2026 site rental revenues of $966 million on 21 October, down from $1,012 million a year earlier 1. Site rental revenues are the rent that wireless carriers pay to place equipment on its towers 2. Net income was $283 million against $323 million, while AFFO, a cash measure the company uses, rose 8 percent to $530 million 1.

The company said DISH lease terminations cut billings by $61 million in the quarter 1. A $14 million fall in straight-lined revenues, rent recorded evenly over a contract's life, also weighed 1. It raised its 2026 outlook: the midpoint for Adjusted EBITDA rose by $25 million to $2,715 million and for AFFO by $5 million to $1,980 million 1.

Chief financial officer Sunit Patel tied the raise to higher ground lease buyout activity, more operating efficiencies and a customer agreement, and said the company bought a residual economic interest on some tower sites 1.

Bloomberg reported on 22 October that SpaceX is in talks with Crown Castle and others to reach at least 80,000 US cell sites for a wireless network 6. Chief executive Chris Hillabrant said on the earnings call that the company is talking to "all parties" and declined to discuss customers 6. American Tower declined to comment, Bloomberg reported 6.

Separately, on 14 September 2026 the company said its chief operating officer and chief financial officer will leave in 2027 4.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

Nov 10, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 5, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Nov 4, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Oct 21, 2026 · SEC EDGAR · Form 8-K
Results released
Open the filing on sec.gov
Sep 17, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Sep 14, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Aug 10, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
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SI Assistanton CCI · research, not advice