Crown Castle Reports Q1 2026 Financial Results and Maintains Full-Year Outlook

Summary

Crown Castle Inc. reported its financial results for the first quarter of 2026, showing a net income of $151 million compared to a net loss of $464 million in the first quarter of 2025. Site rental revenues decreased by $50 million or 4.9% year-over-year. Adjusted EBITDA was $675 million, down from $722 million in the prior year. AFFO was $446 million, or $1.02 per share, a 7% decrease from the first quarter of 2025. The company maintained its full-year 2026 outlook, expecting site rental revenues between $3,828 million and $3,873 million, Adjusted EBITDA between $2,665 million and $2,715 million, and AFFO between $1,895 million and $1,945 million.