Crown Castle (CCI) Gross Margin (2009 - 2026)
Crown Castle's (CCI) quarterly Gross Margin came in at 98.12% in Q2 2026, up 66.0% year-over-year from 59.11% in Q2 2025, and up 0.71% quarter-over-quarter from 97.43% in Q1 2026.
Analysis
Crown Castle (CCI) Gross Margin (2009 - 2026) Analysis & Trends
Crown Castle has disclosed Gross Margin across 18 years of filings, most recently posting 98.12% for Q2 2026.
- In Q2 2026, Gross Margin rose 66.0% year-over-year to 98.12%; the TTM figure through Jun 2026 stood at 97.5% (down 2.0% YoY), while the FY2025 annual figure was 97.35%, down 25.0% from the prior year.
- Gross Margin came in at 98.12% for Q2 2026 at Crown Castle, up from 97.43% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 106.28% in Q4 2023 to a low of 93.08% in Q4 2022.
- Average Gross Margin over 5 years is 96.65%, with a median of 97.33% recorded in 2025.
- Year-over-year, Gross Margin surged 1320 bps in 2023 and plunged 861 bps in 2024.
- Over 5 years, Gross Margin stood at 93.08% in 2022, then grew by 14 bps to 106.28% in 2023, then fell by 8 bps to 97.68% in 2024, then slipped by 0 bps to 97.29% in 2025, then grew by 1 bps to 98.12% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 98.12% in Q2 2026, 97.43% in Q1 2026, and 97.29% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.54 Bn | 78.77 Bn | 2.72 Bn | 98.79% |
| 2 | Crown Castle | 31.90 Bn | 30.86 Bn | 989.00 Mn | 98.12% |
| 3 | Sba Communications | 19.24 Bn | 19.24 Bn | 539.27 Mn | 75.39% |
| 4 | Array Digital Infrastructure | 3.30 Bn | 2.88 Bn | 30.57 Mn | 56.54% |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn | 48.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.12% |
| Mar 31, 2026 | 97.43% |
| Dec 31, 2025 | 97.29% |
| Sep 30, 2025 | 97.20% |
| Jun 30, 2025 | 97.45% |
| Mar 31, 2025 | 97.36% |
| Dec 31, 2024 | 97.68% |
| Sep 30, 2024 | 97.59% |
| Jun 30, 2024 | 97.74% |
| Mar 31, 2024 | 97.40% |
| Dec 31, 2023 | 106.28% |
| Sep 30, 2023 | 96.04% |
| Jun 30, 2023 | 94.75% |
| Mar 31, 2023 | 94.13% |
| Dec 31, 2022 | 93.08% |
| Sep 30, 2022 | 93.18% |
| Jun 30, 2022 | 93.54% |
| Mar 31, 2022 | 93.51% |
| Dec 31, 2021 | 91.66% |
| Sep 30, 2021 | 92.89% |