Crown Castle (CCI) Cost of Revenue (2009 - 2026)
Crown Castle (CCI) recorded Cost of Revenue of $19 million in Q2 2026, down 29.6% from $27 million a year earlier and down 26.9% from the prior quarter.
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Analysis
Crown Castle (CCI) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Crown Castle's Cost of Revenue came in at $104 million as of Jun 30, 2026, down 3.7% year-over-year; for FY2025, it came in at $113 million, up 5.6% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of -24.1% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $107 million in FY2024 (-64.8%), $304 million in FY2023 (-34.8%), $466 million in FY2022 (+6.2%) and $439 million in FY2021 (-2.0%).
- The Q2 2026 figure is the lowest quarterly Cost of Revenue in data going back to Q1 2009.
- On a year-over-year basis, Cost of Revenue rose in three of the last eight quarters, with an average decline of 12.1%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 39.5% in Q1 2022, against a decline of 74.5% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $26 million (Q1 2026), $29 million (Q4 2025) and $30 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 75.57 Bn | 75.31 Bn | 2.72 Bn | 33.40 Mn |
| 2 | Digital Realty Trust | 66.06 Bn | 56.59 Bn | - | - |
| 3 | Crown Castle | 28.31 Bn | 27.05 Bn | 989.00 Mn | 19.00 Mn |
| 4 | Sba Communications | 16.81 Bn | 16.90 Bn | 539.27 Mn | 41.93 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 194.22 Mn |
| 6 | OUTFRONT Media | 5.05 Bn | 4.82 Bn | 276.40 Mn | 246.10 Mn |
| 7 | Array Digital Infrastructure | 2.97 Bn | 1.87 Bn | 30.57 Mn | 23.50 Mn |
| 8 | IHS Holding | 2.79 Bn | -67.81 Mn | 207.10 Mn | 221.50 Mn |
| 9 | Fermi | 2.57 Bn | 1.71 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 503.54 Mn | 241.86 Mn | 196.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.00 Mn |
| Mar 31, 2026 | 26.00 Mn |
| Dec 31, 2025 | 29.00 Mn |
| Sep 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 27.00 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 26.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 25.00 Mn |
| Mar 31, 2024 | 29.00 Mn |
| Dec 31, 2023 | 36.00 Mn |
| Sep 30, 2023 | 66.00 Mn |
| Jun 30, 2023 | 98.00 Mn |
| Mar 31, 2023 | 104.00 Mn |
| Dec 31, 2022 | 122.00 Mn |
| Sep 30, 2022 | 119.00 Mn |
| Jun 30, 2022 | 112.00 Mn |
| Mar 31, 2022 | 113.00 Mn |
| Dec 31, 2021 | 138.00 Mn |
| Sep 30, 2021 | 115.00 Mn |
API Access
Crown Castle Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();