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How Crown Castle (CCI) makes money

Crown Castle (CCI) made $995M of revenue in the third quarter 2026 (Q3 2026), -7% from a year earlier. Of every dollar of revenue, 47¢ was left as operating profit, 28¢ was left as net earnings.

Drawing the Sankey…

Crown Castle revenue by quarterCrown Castle revenue by quarter$1.1BQ1 2025$1.1BQ2 2025$1.1BQ3 2025$1.1BQ4 2025$1.0BQ1 2026$1.0BQ2 2026$995MQ3 2026
Crown Castle: where each dollar of revenue goesCrown Castle: where each dollar of revenue goesOperating profit47¢Income tax1¢Net earnings28¢Operating cash flow6¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$995M100.0%
Operating profit$465M46.7%
Income tax$5.0M0.5%
Net earnings$283M28.4%
Operating cash flow$56.0M5.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$995M-7%
Q2 2026$1.0B-5%
Q1 2026$1.0B-5%
Q4 2025$1.1B-4%
Q3 2025$1.1B-4%
Q2 2025$1.1B-4%
Q1 2025$1.1B-5%

From Crown Castle's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Crown Castle make money?

Crown Castle (CCI) made $995M of revenue in the third quarter 2026 (Q3 2026), -7% from a year earlier. Of every dollar of revenue, 47¢ was left as operating profit, 28¢ was left as net earnings.

What is Crown Castle's profit margin?

Net earnings were $283M, 28.4% of revenue, in the third quarter 2026; the operating margin was 46.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.