What is Crown Castle's SG&A?

Crown Castle (CCI) reported SG&A of $90M in Q1 2026.

How has Crown Castle's SG&A changed year-over-year?

Crown Castle's SG&A decreased by 3.2% year-over-year, from $93M to $90M.

What is the long-term trend for Crown Castle's SG&A?

Over 3 years (2021 to 2025), Crown Castle's SG&A has grown at a -17.4% compound annual growth rate (CAGR), from $680M to $383M.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Crown Castle CCI SG&A

SG&A at other companies

Verizon CommunicationsVZ

$7.63B-3.1%

AT&TT

$7.32B+2.4%

SBA CommunicationsSBAC

$70.55M+6.5%

American TowerAMT

$257.4M+8.4%

T-Mobile USTMUS

$5.97B+8.7%

WelltowerWELL

$67.47M+5.8%

Other financials

Income statement

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Revenue$1.0B-4.8%

Gross profit$984.0M-4.7%

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$33.05B-25.5%

Enterprise value$65.75B-13.3%

P/E31.2×—

P/S7.9×-2.3×

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

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Return on equity20.5%-1.1pp

Debt / equity5.7×+1.3×

Current ratio0.3×-0.1×

Where this comes from

Reported directly by Crown Castle in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Crown Castle (CCI) reported SG&A of $90M in Q1 2026.
How has Crown Castle's SG&A changed year-over-year?: Crown Castle's SG&A decreased by 3.2% year-over-year, from $93M to $90M.
What is the long-term trend for Crown Castle's SG&A?: Over 3 years (2021 to 2025), Crown Castle's SG&A has grown at a -17.4% compound annual growth rate (CAGR), from $680M to $383M.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.