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Crown Castle income statement

In fiscal 2025, Crown Castle reported revenue of $4.26bn, down 4.4% on the year before, operating income of $2.08bn (a 48.7% margin) and net income of $444m, or $1.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue1,6851,8792,0332,4332,8663,5393,6643,9214,2555,3705,7635,8406,3406,9864,7344,4604,2644,161
Cost of revenue———————4173994345241,9271,9532,0241,9351,806113104
Gross profit———————3,5043,8564,9365,2393,9134,3874,9622,7992,6544,1514,057
Selling, general and administrative153165173213214257311371426563614678680750502435383378
Operating income4345756928358819419469499671,3831,5591,8632,0012,4252,0972,1182,0751,983
Interest expense446405726565631900642683689657−699849932972943
Income before tax−191−3381801012513354743743926418811,0761,1791,6911,2581,1801,1191,089
Income tax−76−278−100191−11−51−17−26−19−2120211621181616
Net income−114−311171189903911,5213574455097479991,0961,6751,502−3,903444862
Diluted EPS−$0.47−$1.16$0.52$0.64$0.26$1.04$4.42$0.95$0.80$1.23$1.79$2.35$2.53$3.86$3.46−$8.98$1.01$1.97
Diluted shares (average)287m287m286m291m299m333m334m341m383m415m418m425m434m434m434m434m437m437m
EBITDA9641,1161,2451,4571,6221,9261,9822,0582,2082,9103,1313,4713,6454,1322,8842,8542,7652,663

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Crown Castle's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Crown Castle.