Filing Flows › Crown Castle (CCI) › Q3 2026
Crown Castle (CCI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Crown Castle (CCI) reported revenue of $995M for the third quarter 2026 (Q3 2026), -7% from a year earlier and -1% from the quarter before. Operating margin was 46.7%, net earnings $283M (28.4% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $995M | -1% | -7% |
| Operating profit | $465M | -1% | -11% |
| Net earnings | $283M | +201% | -12% |
| Operating cash flow | $56.0M | -89% | -92% |
What changed
Revenue was $995.0M in Q3 2026, down 7% year over year and down 1% from the previous quarter.
Operating profit was $465.0M, a 46.7% margin (down 2.2 points year over year). Total costs fell 3% while revenue fell 7%. Net earnings were $283.0M, down 12% year over year. The effective tax rate was 1.7%.
Operating cash flow was $56.0M (down 92% year over year), 20% of net earnings. Non-cash charges added back $180.0M of depreciation and amortization and $18.0M of share-based compensation. Working capital and other items used $425.0M. Capital expenditures of $66.0M exceeded it, leaving free cash flow of −$10.0M.
Questions
What was Crown Castle's revenue in the third quarter 2026?
Crown Castle (CCI) reported revenue of $995M for the third quarter 2026 (Q3 2026), -7% from a year earlier and -1% from the quarter before.
Was Crown Castle profitable in the third quarter 2026?
Operating profit was $465M (46.7% of revenue) and net earnings $283M.
Source: Crown Castle 10-Q on SEC EDGAR.