Crown Castle Inc. financials

Key figures from Crown Castle Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$1.0B$1.1B-4.9%
Net income$94M$291M-67.7%
Free cash flow$472M$792M-40.4%
Gross margin———
Operating margin46.6%47.7%-1.1 pts
Net margin9.3%27.5%-18.1 pts

Quarterly trend

Revenue by quarter
$1.9BJun 2023$1.7BSep 2023$1.1BMar 2024$1.1BJun 2024$1.1BSep 2024$1.1BDec 2024*$1.1BMar 2025$1.1BJun 2025$1.1BSep 2025$1.1BDec 2025*$1.0BMar 2026$1.0BJun 2026
Net income by quarter
$455MJun 2023$265MSep 2023$311MMar 2024$251MJun 2024$303MSep 2024-$4.8BDec 2024*-$464MMar 2025$291MJun 2025$323MSep 2025$294MDec 2025*$151MMar 2026$94MJun 2026
Free cash flow by quarter
$740MJun 2023$186MSep 2023$552MMar 2024$729MJun 2024$661MSep 2024$825MDec 2024*$601MMar 2025$792MJun 2025$671MSep 2025$811MDec 2025*$452MMar 2026$472MJun 2026
Margins by quarter
-498%-188%123%Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202635.7%29.2%46.7%44.7%47.5%51.0%49.1%47.7%49.0%48.8%46.0%46.6%24.4%15.9%27.9%22.7%27.1%-426.1%-43.7%27.5%30.1%27.5%15.0%9.3%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$4.3B$444M10.4%$2.9B$1.01
FY Dec 2024$4.5B-$3.9B-87.5%$2.8B-$8.98
FY Dec 2023$4.7B$1.5B31.7%$2.9B$3.46
FY Dec 2022$7.0B$1.7B24.0%$1.6B$3.86
FY Dec 2021$6.3B$1.1B17.3%$1.6B$2.53

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.