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

Crown Castle (CCI) reported Operating Expenses of $545.0 million for Q1 2026, up 0.93% on a YoY basis from $540.0 million in Q1 2025, and down 0.55% sequentially from $548.0 million in Q4 2025.

Crown Castle (CCI) Operating Expenses (2009 - 2026) Analysis & Trends

Crown Castle (CCI) has 18 years of Operating Expenses data on file, last reported at $545.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 0.93% year-over-year to $545.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (down 4.15% YoY), and the FY2025 full-year result was $2.2 billion, down 6.53% from the prior year.
  • Operating Expenses retreated to $545.0 million in Q1 2026, 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 slumped 177.17% in 2023 and soared 161.75% in 2024, its largest moves.
  • Tracing CCI's Operating Expenses over 5 years: stood at $1.2 billion in 2022, then tumbled by 177.17% to -$889.0 million in 2023, then soared by 161.75% to $549.0 million in 2024, then decreased by 0.18% to $548.0 million in 2025, then decreased by 0.55% to $545.0 million in 2026.
  • Business Quant data shows CCI's Operating Expenses at $545.0 million in Q1 2026, $548.0 million in Q4 2025, and $547.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 103.05 Bn 99.99 Bn 1.26 Bn 1.87 Bn
2 American Tower 77.66 Bn 77.54 Bn 2.70 Bn 1.50 Bn
3 Digital Realty Trust 67.48 Bn 65.06 Bn - 1.37 Bn
4 Iron Mountain 37.71 Bn 37.46 Bn 1.05 Bn 1.54 Bn
5 Crown Castle 32.38 Bn 32.33 Bn 23.00 Mn 545.00 Mn
6 Sba Communications 18.28 Bn 18.28 Bn 532.10 Mn 360.59 Mn
7 Weyerhaeuser 17.26 Bn 16.96 Bn 318.00 Mn 120.00 Mn
8 Lamar Advertising 16.38 Bn 16.34 Bn 344.69 Mn 381.94 Mn
9 Gaming & Leisure Properties 12.82 Bn 12.82 Bn - 86.64 Mn
10 OUTFRONT Media 5.65 Bn 5.58 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