Growth Metrics

Crown Castle (CCI) Operating Expenses (2009 - 2026)

Crown Castle recorded quarterly Operating Expenses of $545.0 million in Q1 2026, down 0.55% quarter-over-quarter from $548.0 million in Q4 2025, and up 0.93% year-over-year from $540.0 million in Q1 2025.

Crown Castle's Operating Expenses history runs 18 years deep, the most recent figure standing at $545.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 0.93% year-over-year to $545.0 million; the TTM figure through Mar 2026 stood at $2.2 billion (down 4.15% YoY), while the FY2025 annual figure was $2.2 billion, down 6.53% from the prior year.
  • Operating Expenses came in at $545.0 million for Q1 2026 at Crown Castle, down from $548.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2023 to a low of -$889.0 million in Q4 2023.
  • A 5-year average of $722.1 million and a median of $594.0 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 177.17% in 2023 and jumped 161.75% in 2024, its largest moves.
  • Crown Castle's Operating Expenses stood at $1.2 billion in 2022, then sank by 177.17% to -$889.0 million in 2023, then surged by 161.75% to $549.0 million in 2024, then dropped by 0.18% to $548.0 million in 2025, then dropped by 0.55% to $545.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $545.0 million, $548.0 million, and $547.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 106.10 Bn 103.07 Bn 2.20 Bn 1.87 Bn
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 67.00 Bn 66.16 Bn - 1.37 Bn
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 545.00 Mn
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn 1.54 Bn
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn 128.53 Mn
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 399.87 Mn
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - 86.64 Mn
10 OUTFRONT Media 5.85 Bn 5.81 Bn 202.10 Mn 373.70 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 545.00 Mn
Dec 31, 2025 548.00 Mn
Sep 30, 2025 547.00 Mn
Jun 30, 2025 554.00 Mn
Mar 31, 2025 540.00 Mn
Dec 31, 2024 549.00 Mn
Sep 30, 2024 588.00 Mn
Jun 30, 2024 612.00 Mn
Mar 31, 2024 594.00 Mn
Dec 31, 2023 -889.00 Mn
Sep 30, 2023 1.18 Bn
Jun 30, 2023 1.20 Bn
Mar 31, 2023 1.15 Bn
Dec 31, 2022 1.15 Bn
Sep 30, 2022 1.14 Bn
Jun 30, 2022 1.14 Bn
Mar 31, 2022 1.12 Bn
Dec 31, 2021 1.13 Bn
Sep 30, 2021 1.09 Bn
Jun 30, 2021 1.08 Bn
Mar 31, 2021 1.04 Bn
Dec 31, 2020 1.17 Bn
Sep 30, 2020 1.05 Bn
Jun 30, 2020 1.06 Bn
Mar 31, 2020 1.06 Bn
Dec 31, 2019 1.05 Bn
Sep 30, 2019 1.06 Bn
Jun 30, 2019 1.06 Bn
Mar 31, 2019 1.04 Bn
Dec 31, 2018 1.04 Bn
Sep 30, 2018 1.02 Bn
Jun 30, 2018 984.00 Mn
Mar 31, 2018 949.00 Mn
Dec 31, 2017 946.00 Mn
Sep 30, 2017 802.00 Mn
Jun 30, 2017 779.00 Mn
Mar 31, 2017 761.00 Mn
Dec 31, 2016 770.37 Mn
Sep 30, 2016 747.76 Mn
Jun 30, 2016 731.22 Mn
Mar 31, 2016 722.65 Mn
Dec 31, 2015 716.10 Mn
Sep 30, 2015 687.31 Mn
Jun 30, 2015 658.71 Mn
Mar 31, 2015 655.56 Mn
Dec 31, 2014 680.62 Mn
Sep 30, 2014 653.83 Mn
Jun 30, 2014 661.06 Mn
Mar 31, 2014 624.38 Mn
Dec 31, 2013 448.94 Mn
Sep 30, 2013 526.14 Mn
Jun 30, 2013 504.97 Mn
Mar 31, 2013 505.01 Mn
Dec 31, 2012 465.38 Mn
Sep 30, 2012 400.57 Mn
Jun 30, 2012 382.53 Mn
Mar 31, 2012 349.52 Mn
Dec 31, 2011 342.63 Mn
Sep 30, 2011 331.99 Mn
Jun 30, 2011 333.19 Mn
Mar 31, 2011 332.61 Mn
Dec 31, 2010 340.16 Mn
Sep 30, 2010 325.93 Mn
Jun 30, 2010 323.24 Mn
Mar 31, 2010 313.95 Mn
Dec 31, 2009 324.09 Mn
Sep 30, 2009 310.28 Mn
Jun 30, 2009 311.39 Mn
Mar 31, 2009 305.66 Mn