Crown Castle Inc. (CCI) Financial Statements
Crown Castle financial statements at a glance
Crown Castle reported revenue of $4.26 billion for fiscal year 2025 (ended December 31, 2025), down 35.1% from fiscal year 2024. Net income was $444.00 million, a net margin of 10.4%.
At the end of fiscal year 2025 it had total assets of $31.52 billion, total liabilities of $33.15 billion and shareholders' equity of -$1.64 billion, with total debt of $24.34 billion.
Its operations brought in $3.06 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Crown Castle Inc.
Income Statement
Annual • USD
Crown Castle key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $4.3B | $6.6B | $7.0B | $7.0B | $6.3B |
| Gross profit | $3.2B | $4.7B | $5.0B | $4.9B | $4.3B |
| Operating income | $2.1B | -$2.9B | $2.4B | $2.4B | $1.9B |
| Net income | $444.0M | -$3.9B | $1.5B | $1.7B | $1.1B |
| Diluted EPS | – | – | – | – | $2.53 |
| Total assets | $31.5B | $32.7B | $38.5B | $38.9B | $39.0B |
| Total liabilities | $33.2B | $32.9B | $32.1B | $31.5B | $30.8B |
| Shareholders' equity | -$1.6B | -$133.0M | $6.4B | $7.4B | $8.3B |
| Cash | – | – | – | – | $292.0M |
| Total debt | $24.3B | $24.1B | $22.9B | $21.7B | $27.0B |
| Operating cash flow | $3.1B | $2.9B | $3.1B | $2.9B | $2.7B |
| Capital spending | – | – | – | – | $1.2B |
| Free cash flow | – | – | – | – | $1.5B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Crown Castle's revenue in fiscal year 2025?
$4.26 billion, down 35.1% from $6.57 billion in fiscal year 2024.
How much profit does Crown Castle make?
Crown Castle reported net income of $444.00 million for fiscal year 2025 (10.4% of revenue); operating income was $2.08 billion.
How much cash and debt does Crown Castle have?
At the end of fiscal year 2025: total debt of $24.34 billion.
