CCI · 10-Q · 2026Q2
CROWN CASTLE INC.
Filed 2026-08-05 · Real Estate · View original filing on EDGAR
USD 41MTotal Revenue
USD 21,512MTotal Assets
10Topics
71Top Importance
Ranked Events
- Acquisition / Partnership / DivestitureImportance 71 · Surprise 60Crown Castle completed the Strategic Fiber Transaction on May 1, 2026, selling its small cells and fiber solutions businesses to EQT Active Core Infrastructure fund and Zayo Group Holdings Inc. The company received…
- Discontinued Operations LossesImportance 59 · Surprise 74Crown Castle recorded a $280 million loss from disposal of discontinued operations in the second quarter of 2026 and a $625 million loss for the six months ended June 30, 2026. The losses primarily reflected additional…
- Customer DynamicsImportance 49 · Surprise 6Crown Castle primarily serves large U.S. wireless carriers under long-term contracts generally having five- to 15-year initial terms, contractual escalators and multiple five- to 10-year renewal periods. As of June 30,…
- Contractual Revenue BacklogImportance 49 · Surprise 6As of June 30, 2026, Crown Castle’s tenant contracts had a weighted-average remaining term of approximately five years, excluding tenant-elected renewals. These contracts represented approximately $22.1 billion of…
- Revenue Concentration RiskImportance 29 · Surprise 24Site rental revenues represented 96% of consolidated net revenues in the second quarter of 2026. For the six months ended June 30, 2026, T-Mobile, AT&T and Verizon Wireless collectively generated approximately 93% of…
- Capital Expenditure OutlookImportance 28 · Surprise 42Crown Castle reported $102 million of discretionary capital expenditures for the six months ended June 30, 2026. Spending primarily supported improvements to existing towers for additional tenants and purchases of land…
- Market Demand TrendsImportance 23 · Surprise 24Management expects tenant demand for Crown Castle’s U.S. towers to increase with new technologies, mobile entertainment and internet usage, machine-to-machine applications, emerging wireless devices, and…
- Manufacturing and CapacityImportance 15 · Surprise 6Crown Castle operates approximately 40,000 geographically dispersed U.S. towers and other structures, including rooftops. Substantially all towers can accommodate additional tenancy either as currently constructed or…
- Capital ExpendituresImportance 13 · Surprise 6Crown Castle incurred $102 million of discretionary capital expenditures during the six months ended June 30, 2026. Spending primarily supported improvements to existing towers for additional tenants and purchases of…
- Geographic Market CommentaryImportance 8 · Surprise 6Crown Castle describes the U.S. as its sole operating market and states that its tower portfolio has a significant presence in each of the top 100 basic trading areas. The company considers the U.S. the most attractive…
Revenue by Product (in millions)
| SixMonthsEndedJune30,2025 | ThreeMonthsEndedJune30,2025 | segment | SixMonthsEndedJune30,2026 | ThreeMonthsEndedJune30,2026 |
|---|---|---|---|---|
| 2,019 | 1,008 | Site rental | 1,928 | 967 |
| 102 | 52 | Services and other | 90 | 41 |
| 2,121 | 1,060 | Net revenues | 2,018 | 1,008 |