Crown CastleCCIEarnings & Financial Report
Crown Castle Inc. is a real estate investment trust and provider of shared communications infrastructure in the United States headquartered in Houston, Texas. Operating with 100 offices worldwide, its network includes over 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber systems.
CCI Q3 2025 Key Financial Metrics
Revenue
$60.0M
Gross Profit
$30.0M
Operating Profit
$525.0M
Net Profit
$323.0M
Gross Margin
50.0%
Operating Margin
875.0%
Net Margin
538.3%
YoY Growth
1.7%
EPS
$0.74
Financial Flow
Crown Castle Q3 2025 Financial Summary
Crown Castle reported revenue of $60.0M for Q3 2025, with a net profit of $323.0M (538.3% margin). Cost of goods sold was $30.0M, operating expenses totaled $-495.0M.
Key Financial Metrics
| Total Revenue | $60.0M |
|---|---|
| Net Profit | $323.0M |
| Gross Margin | 50.0% |
| Operating Margin | 875.0% |
| Report Period | Q3 2025 |
Crown Castle Annual Revenue by Year
Crown Castle annual revenue history includes year-by-year totals (for example, 2024 revenue was $210.0M).
| Year | Annual Revenue |
|---|---|
| 2024 | $210.0M |
| 2023 | $449.0M |
| 2022 | $697.0M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71.0M | $53.0M | $46.0M | $59.0M | $52.0M | $50.0M | $52.0M | $60.0M |
| YoY Growth | -61.8% | -64.4% | -66.9% | -34.4% | -26.8% | -5.7% | 13.0% | 1.7% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $38.53B | $38.23B | $38.25B | $38.04B | $32.74B | $31.76B | $31.64B | $31.50B |
| Liabilities | $32.15B | $32.18B | $32.59B | $32.75B | $32.87B | $33.01B | $33.02B | $32.99B |
| Equity | $6.38B | $6.05B | $5.65B | $5.30B | $-133.0M | $-1.25B | $-1.38B | $-1.49B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $868.0M | $599.0M | $768.0M | $699.0M | $877.0M | $641.0M | $832.0M | $714.0M |
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