Crown Castle revenue and financials
$68.28Change from previous close: +1.04%Absolute change: +$0.70
In the fiscal year ended December 2025, Crown Castle reported revenue of $4.26B (−4.39% year over year). Net income was $444M, a net margin of 10.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −4.39%
- 2025 vs 2024
- Net margin
- 10.4%
- 2024: -87.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 21,512 | 31,391 | 31,518 | 31,501 | 31,636 | 31,760 | 32,736 | 38,043 | 38,246 | 38,231 | 38,527 | 38,699 |
| Current assets | 1,716 | 1,254 | 1,144 | 1,114 | 1,074 | — | — | — | — | — | — | — |
| Cash and equivalents | 1,042 | 55.0 | 99.0 | 57.0 | 94.0 | 60.0 | 100 | 194 | 155 | 125 | 105 | 117 |
| Receivables | 370 | 367 | 339 | 351 | 305 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 11,575 | 11,657 | 11,746 | 11,843 | 11,964 | 12,058 | 12,177 | 21,486 | 21,628 | 21,667 | 21,853 | 21,882 |
| Goodwill | 5,127 | 5,127 | 5,127 | 5,127 | 5,127 | 5,127 | 5,127 | 10,085 | 10,085 | 10,085 | 10,085 | 10,085 |
| Other intangible assets | 773 | 817 | 861 | 905 | 949 | 993 | 1,037 | 2,878 | 2,974 | 3,073 | 3,179 | 3,276 |
| Current liabilities | 3,290 | 4,705 | 4,479 | 4,297 | 3,803 | — | — | — | — | — | — | — |
| Accounts payable | 90.0 | 66.0 | 71.0 | 65.0 | 48.0 | — | — | — | — | — | — | — |
| Long-term debt | 15,979 | 21,534 | 21,554 | 21,550 | 22,039 | — | — | — | — | — | — | — |
| Total debt | 23,404 | 29,879 | 29,566 | 29,575 | 29,566 | — | — | — | — | — | — | — |
| Total liabilities | 24,782 | 33,311 | 33,153 | 32,994 | 33,018 | — | — | — | — | — | — | — |
| Total equity (incl. minority) | -3,270 | -1,920 | -1,635 | -1,493 | -1,382 | -1,253 | -133 | 5,296 | 5,652 | 6,048 | 6,381 | 6,669 |
| Retained earnings | -20,839 | -20,476 | -20,161 | -19,990 | -19,844 | — | — | — | — | — | — | — |
