Filing Flows › Crown Castle (CCI) › Q3 2026 › vs Q2 2026
Crown Castle (CCI) Q3 2026 vs Q2 2026 (quarter over quarter)
Crown Castle's revenue fell $13.0M (-1%) from $1.0B in Q2 2026 to $995M in Q3 2026. Operating margin 46.7% against 46.6% (+0.1 pts).
Crown Castle, Q3 2026: revenue $995M (-7% year over year), operating margin 46.7%, net earnings $283M, operating cash flow $56.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 46.7% | 46.6% | +0.1 pts |
| Net margin | 28.4% | 9.3% | +19.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $995M | $1.0B | −$13.0M | -1% |
| Operating profit | $465M | $470M | −$5.0M | -1% |
| Costs & expenses | $530M | $538M | −$8.0M | -1% |
| Pre-tax earnings | $288M | $98.0M | $190M | +194% |
| Other expense, net | $177M | $372M | −$195M | -52% |
| Cost of revenue | $13.0M | $19.0M | −$6.0M | -32% |
| SG&A | $82.0M | $97.0M | −$15.0M | -15% |
| Other operating costs | $435M | $422M | $13.0M | +3% |
| Net earnings | $283M | $94.0M | $189M | +201% |
| Income tax | $5.0M | $4.0M | $1.0M | +25% |
| Operating cash sources | $481M | $294M | $187M | +64% |
| Depreciation & amortization | $180M | $171M | $9.0M | +5% |
| Share-based compensation | $18.0M | $29.0M | −$11.0M | -38% |
| Working capital & other | $425M | −$237M | $662M | — |
| Operating cash flow | $56.0M | $531M | −$475M | -89% |
| Capital expenditures | $66.0M | $59.0M | $7.0M | +12% |
| Negative free cash flow (OCF − capex) | $10.0M | −$472M | $482M | — |
Questions
How much did Crown Castle's revenue grow quarter over quarter in Q3 2026?
Crown Castle's revenue fell $13.0M (-1%) from $1.0B in Q2 2026 to $995M in Q3 2026. Operating margin 46.7% against 46.6% (+0.1 pts).