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Crown Castle (CCI) operating margin by quarter

Crown Castle's operating margin was 46.7% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026. Over the last 6 quarters it ranged from 46.0% (Q1 2026) to 49.0% (Q3 2025).

Crown Castle operating margin by quarterCrown Castle operating margin by quarter47.7%Q2 202549.0%Q3 202548.8%Q4 202546.0%Q1 202646.6%Q2 202646.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202646.7%+0.1 pts-2.2 pts
Q2 202646.6%+0.6 pts-1.1 pts
Q1 202646.0%-2.8 pts—
Q4 202548.8%-0.1 pts—
Q3 202549.0%+1.2 pts—
Q2 202547.7%——

Q3 2026 at a glance

Crown Castle, Q3 2026: revenue $995M (-7% year over year), operating margin 46.7%, net earnings $283M, operating cash flow $56.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Crown Castle's operating margin?

Crown Castle's operating margin was 46.7% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026.

How has Crown Castle's operating margin changed?

Over the last 6 quarters it ranged from 46.0% (Q1 2026) to 49.0% (Q3 2025).

Q3 2026 results → · How Crown Castle makes money →