CCI · 10-Q · 2026Q3 · Full report

Contractual Revenue Backlog

CROWN CASTLE INC. · 2026-11-04 · Importance 37 · Surprise 6 · In source text

Crown Castle’s tenant contracts generally have initial terms of five to 15 years, contractual escalators, and multiple tenant-option renewal periods generally of five to 10 years each. At September 30, 2026, the weighted-average remaining contract term was approximately five years, excluding tenant-option renewals. Those contracts represented approximately $24.7 billion of expected future cash inflows, excluding amounts due under the Master Lease Agreement and underlying agreements with DISH Wireless L.L.C. The expected inflows indicate substantial contracted future site rental revenue.

Key facts

• As of September 30, 2026, Crown Castle's weighted-average remaining tenant contract term was approximately five years, excluding tenant-option renewals, and represented approximately $24.7 billion of expected future cash inflows, excluding amounts due under the Master Lease Agreement and agreements with DISH Wireless L.L.C. source
• Crown Castle tenant contracts generally have initial terms of five to 15 years, contractual escalators, and multiple renewal periods generally of five to 10 years each, exercisable at the tenant's option. source

Impact estimates