Crown Castle (CCI) Gross Margin (2009 - 2026)
Crown Castle's (CCI) quarterly Gross Margin came in at 97.43% in Q1 2026, up 6.0% year-on-year from 91.91% in Q1 2025, and little changed quarter-over-quarter from 97.29% in Q4 2025.
Crown Castle (CCI) Gross Margin (2009 - 2026) Analysis & Trends
Crown Castle has disclosed Gross Margin across 18 years of filings, most recently posting 97.43% for Q1 2026.
- Gross Margin for Q1 2026 came in at 97.43%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 96.51% (down 882.0% YoY), and the FY2025 annual result was 97.35%, up 5308.0% from the prior year.
- Gross Margin came in at 97.43% for Q1 2026 at Crown Castle, roughly flat from 97.29% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 102.7% in Q4 2022 to a low of 16.28% in Q4 2023.
- The 5-year median for Gross Margin is 93.54% (2022), against an average of 68.28%.
- Across the five-year window, Gross Margin tumbled 8642 bps in 2023 and surged 8455 bps in 2024, its largest moves.
- Crown Castle's Gross Margin stood at 102.7% in 2022, then tumbled by 84 bps to 16.28% in 2023, then soared by 519 bps to 100.83% in 2024, then declined by 4 bps to 97.29% in 2025, then rose by 0 bps to 97.43% in 2026.
- The last three Gross Margin figures came in at 97.43% (Q1 2026), 97.29% (Q4 2025), and 97.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | - |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 47.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.43% |
| Dec 31, 2025 | 97.29% |
| Sep 30, 2025 | 97.20% |
| 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 | 97.40% |
| Dec 31, 2023 | 16.28% |
| Sep 30, 2023 | 96.04% |
| Jun 30, 2023 | 29.50% |
| Mar 31, 2023 | 30.20% |
| Dec 31, 2022 | 102.70% |
| Sep 30, 2022 | 33.15% |
| Jun 30, 2022 | 93.54% |
| Mar 31, 2022 | 31.93% |
| Dec 31, 2021 | 91.66% |
| Sep 30, 2021 | 92.89% |
| Jun 30, 2021 | 33.54% |