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Crown Castle quarterly revenue falls 7.2% to $995.0 million

Crown Castle's revenue decline is deepening. Results for the quarter ended September 30, 2026, from the earnings release filed with the SEC on Oct 21, 2026.

Octans ResearchPublished

Snapshot

Crown Castle's revenue decline is deepening: revenue fell 7.2% to $995.0 million in the quarter ended September 30, 2026, from $1.07 billion a year earlier, after a 4.9% year over year decline the quarter before.

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CCI
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Market Data

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Company1D %Price
($CCI)▼ −3.07%78.65

as of 16:00 ET · Realtime derived data

What We Know

Revenue for the quarter ended September 30, 2026 was $995.0 million, versus $1.07 billion in the same quarter a year earlier, down 7.2%. That is its lowest quarterly revenue of the last eight quarters.

Bar chart: Crown Castle: revenue, last eight quarters. US$ billions by fiscal quarter end, as of Oct 21, 2026. Dec 2024 1.12; Mar 2025 1.06; Jun 2025 1.06; Sep 2025 1.07; Dec 2025 1.07; Mar 2026 1.01; Jun 2026 1.01; Sep 2026 1.0. Latest quarter $1.00B, Down 7.2% vs a year earlier.
Source: SEC EDGAR (earnings release and XBRL financial data)

Quarterly revenue by fiscal quarter end, oldest first: Dec 2024: $1.12 billion; Mar 2025: $1.06 billion; Jun 2025: $1.06 billion; Sep 2025: $1.07 billion; Dec 2025: $1.07 billion; Mar 2026: $1.01 billion; Jun 2026: $1.01 billion; Sep 2026: $995.0 million.

Octans View

Year over year revenue change by quarter, computed from the filed figures: Dec 2025 down 4.3%; Mar 2026 down 4.8%; Jun 2026 down 4.9%; Sep 2026 down 7.2%. On those figures, Crown Castle's revenue decline is deepening. That read compares the latest two year over year growth rates and nothing else.

Bear Case · Room for Disagreement

This brief covers reported revenue and diluted earnings per share only. It does not cover guidance, margins, segment results, cash flow or the earnings call, and it makes no forecast. Revenue is the total on the release line we matched; a company's own adjusted measures can differ.

Method and source. Octans Research matched the revenue line in the earnings release (Exhibit 99.1) to the year ago quarter the company reported in its own XBRL financial data; the two must agree before anything is published. The quarterly history comes from the same XBRL data. The text is generated from those verified figures by a fixed template; no model wrote it.

Chart

$CCI adjusted close, last 6 months $CCI adjusted close, last 6 months: series falling from 84.1 to 78.7 (−6.5%) from 2026-04-24 to 2026-10-21. Scale 60 to 100. 60708090100 2026-04-242026-10-21 $CCI ADJUSTED CLOSE, LAST 6 MONTHS −6.5% 78.65
Source: Tiingo · As of 2026-10-21Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Crown Castle earnings release for the quarter ended September 30, 2026 (Exhibit 99.1), filed Oct 21, 2026
  2. [2]SEC EDGAR — Crown Castle XBRL financial data (company facts)

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$995.0M

Revenue for the quarter ended September 30, 2026 was $995.0 million, versus $1.07 billion in th… · What we know

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