Crown Castle (CCI) Gross Margin (2009 - 2026)

Crown Castle (CCI) reported Gross Margin of 46.94% for Q1 2026, down 5042.0% on a YoY basis from 0.95% in Q1 2025, and down 52.73% sequentially from 99.29% in Q4 2025.

Crown Castle (CCI) Gross Margin (2009 - 2026) Analysis & Trends

Crown Castle (CCI) has 18 years of Gross Margin data on file, last reported at 46.94% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 5042.0% year-over-year to 46.94%; the trailing twelve-month figure through Mar 2026 stood at 97.37% (down 795.0% YoY), and the FY2025 full-year result was 97.35%, up 5308.0% from the prior year.
  • Gross Margin retreated to 46.94% in Q1 2026, from 99.29% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.83% in Q4 2024 to a low of 16.28% in Q4 2023.
  • A 5-year average of 54.42% and a median of 46.94% in 2026 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin slumped 7680 bps in 2023 and surged 8455 bps in 2024, its largest moves.
  • Tracing CCI's Gross Margin over 5 years: stood at 93.08% in 2022, then slumped by 83 bps to 16.28% in 2023, then surged by 519 bps to 100.83% in 2024, then retreated by 2 bps to 99.29% in 2025, then slumped by 53 bps to 46.94% in 2026.
  • Business Quant data shows CCI's Gross Margin at 46.94% in Q1 2026, 99.29% in Q4 2025, and 50.0% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 51.47%
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 98.59%
3 Digital Realty Trust 61.91 Bn 61.08 Bn - -
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 54.04%
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 46.94%
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 75.64%
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 18.41%
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 65.28%
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - -
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 16.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 46.94%
Dec 31, 2025 99.29%
Sep 30, 2025 50.00%
Jun 30, 2025 48.08%
Mar 31, 2025 97.36%
Dec 31, 2024 100.83%
Sep 30, 2024 50.00%
Jun 30, 2024 41.86%
Mar 31, 2024 36.96%
Dec 31, 2023 16.28%
Sep 30, 2023 26.67%
Jun 30, 2023 29.50%
Mar 31, 2023 30.20%
Dec 31, 2022 93.08%
Sep 30, 2022 93.18%
Jun 30, 2022 32.93%
Mar 31, 2022 31.93%
Dec 31, 2021 103.39%
Sep 30, 2021 92.89%
Jun 30, 2021 93.37%