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
DateValue
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%