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| Date | Value |
|---|---|
| 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 |