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Crown Castle CCI Q2 2025 earnings

Reported July 23, 2025 · After market close

Revenue$1.1BBeat by $6.2MDiluted EPS$1.02Beat by $0.02
Revenue estimate$1.1B
EPS estimate$1.00

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$996.2M
EPS estimate$0.48

Financials

Q2 2025

Income statement

See full
Revenue$1.1B-4.2%
Gross profit$1.0B-4.5%
Operating income$506.0M+2.2%
Net income$291.0M+15.9%
EPS (diluted)$0.67+15.5%

Balance sheet

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Cash & equivalents$274.0M-17.2%
Total debt$31.8B+5.1%
Total equity-$1.4B-124%
Total assets$31.6B-17.3%

Cash flow

See full
Operating cash flow$832.0M+8.3%
CapEx$40.0M+2.6%
Free cash flow$792.0M+8.6%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$44.93B+5.8%
Enterprise value$76.48B+5.6%
P/S10.3×—

Profitability

See full
Gross margin97.5%—
Operating margin48.8%—
Net margin-106.4%—
FCF margin66%—

Returns & leverage

See full
Current ratio0.3×-0.2×

Versus estimates

Revenue

Q1 2026$1.0BBeat by $15.2MQ4 2025$1.1BBeat by $11.5MQ3 2025$1.1BBeat by $13.1M
Q2 2025$1.1BBeat by $6.2M
Q1 2025$1.1BBeat by $20.5MQ4 2024$1.6BBeat by $11.4M

Diluted EPS

Q1 2026$1.02Beat by $0.55Q4 2025$1.12Beat by $0.54Q3 2025$1.12Beat by $0.08
Q2 2025$1.02Beat by $0.02
Q1 2025$1.10Beat by $0.08Q4 2024$1.80Miss by $0.02

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Questions, answered.

When did Crown Castle report Q2 2025 earnings?
Crown Castle (CCI) reported Q2 2025 earnings on July 23, 2025 after market close.
What were Crown Castle's Q2 2025 revenue and EPS?
Crown Castle reported revenue of $1.1B and diluted EPS of $1.02 for Q2 2025.
Did Crown Castle beat estimates in Q2 2025?
Revenue beat the consensus estimate of $1.1B by $6.2M. EPS beat the consensus estimate of $1.00 by $0.02.
How did Crown Castle's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 34.8% from $1.6B a year earlier and diluted EPS declined 37.0% from $1.62.
Where can I find Crown Castle's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001051470-25-000168) directly on SEC EDGAR. The filing index links above go to sec.gov.