Crown Castle owns and operates shared wireless infrastructure across the United States, including cell towers, small cells and fiber. Wireless carriers and other network operators lease space and connectivity on this infrastructure rather than building every site themselves. The model is long-term, contract-driven and focused on densifying mobile and broadband networks.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 1,060 | — | 291 | -1.5% |
| Q3 2025 | 1,072 | — | 323 | -11.5% |
| Q4 2025 | 1,071 | — | 294 | -7.3% |
| Q1 2026 | 1,010 | — | 151 | -46.6% |
| Q2 2026 | 1,008 | -4.9% | 94 | -67.7% |
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