What is Crown Castle's gross profit?

Crown Castle (CCI) reported gross profit of $984M in Q1 2026.

How has Crown Castle's gross profit changed year-over-year?

Crown Castle's gross profit decreased by 4.7% year-over-year, from $1.03B to $984M.

What is the long-term trend for Crown Castle's gross profit?

Over 3 years (2021 to 2025), Crown Castle's gross profit has grown at a -11.1% compound annual growth rate (CAGR), from $5.9B to $4.15B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Crown Castle CCI Gross Profit

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Other financials

Income statement

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Revenue$1.0B-4.8%

Operating income$465.0M-10.7%

Net income$151.0M+133%

EPS (diluted)$0.34+132%

Balance sheet

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Cash & equivalents$325.0M+16.9%

Total debt$33.0B+5.9%

Total equity-$1.9B-53.2%

Total assets$31.4B-1.2%

Cash flow

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Operating cash flow$509.0M-20.6%

CapEx$57.0M+42.5%

Free cash flow$452.0M-24.8%

Valuation

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Market cap$36.06B-19.8%

Enterprise value$68.76B-10.1%

P/E34.1×—

P/S8.6×-1.7×

Profitability

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Gross margin97.3%-0.3pp

Operating margin47.9%-0.1pp

Net margin25.1%+13.9pp

FCF margin64.7%+0.8pp

Returns & leverage

See full

Return on equity20.5%-1.1pp

Debt / equity5.7×+1.3×

Current ratio0.3×-0.1×

Where this comes from

Calculated from Crown Castle’s reported figures.

$1.0Btotal revenue−$26.0Mtotal cost of revenue=$984M

The official record: Crown Castle’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crown Castle's gross profit?: Crown Castle (CCI) reported gross profit of $984M in Q1 2026.
How has Crown Castle's gross profit changed year-over-year?: Crown Castle's gross profit decreased by 4.7% year-over-year, from $1.03B to $984M.
What is the long-term trend for Crown Castle's gross profit?: Over 3 years (2021 to 2025), Crown Castle's gross profit has grown at a -11.1% compound annual growth rate (CAGR), from $5.9B to $4.15B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.