Crown Castle (CCI) Operating Expenses (2009 - 2026)
Crown Castle's (CCI) quarterly Operating Expenses came in at $538.0 million in Q2 2026, down 2.89% year-over-year from $554.0 million in Q2 2025, and down 1.28% quarter-over-quarter from $545.0 million in Q1 2026.
Analysis
Crown Castle (CCI) Operating Expenses (2009 - 2026) Analysis & Trends
Crown Castle has disclosed Operating Expenses across 18 years of filings, most recently posting $538.0 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 2.89% year-over-year to $538.0 million; the TTM figure through Jun 2026 stood at $2.2 billion (down 2.38% YoY), while the FY2025 annual figure was $2.2 billion, down 6.53% from the prior year.
- Operating Expenses came in at $538.0 million for Q2 2026 at Crown Castle, down from $545.0 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.
- Average Operating Expenses over 5 years is $711.8 million, with a median of $591.0 million recorded in 2024.
- Year-over-year, Operating Expenses tumbled 177.17% in 2023 and jumped 161.75% in 2024.
- Over 5 years, Operating Expenses stood at $1.2 billion in 2022, then plunged by 177.17% to -$889.0 million in 2023, then jumped by 161.75% to $549.0 million in 2024, then slipped by 0.18% to $548.0 million in 2025, then dropped by 1.82% to $538.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $538.0 million in Q2 2026, $545.0 million in Q1 2026, and $548.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.54 Bn | 78.77 Bn | 2.72 Bn | 1.48 Bn |
| 2 | Crown Castle | 31.90 Bn | 30.86 Bn | 989.00 Mn | 538.00 Mn |
| 3 | Sba Communications | 19.24 Bn | 19.24 Bn | 539.27 Mn | 363.41 Mn |
| 4 | Array Digital Infrastructure | 3.30 Bn | 2.88 Bn | 30.57 Mn | -345.19 Mn |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn | -125.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 538.00 Mn |
| 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 |