Crown Castle Q2 FY26 net income drops 68% to $94 million; site rental revenues fall 4% to $967 million

Reuters2026/07/22 20:31

By:Reuters

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Crown Castle Q2 2026 net income fell 68% to $94 million; site rental revenues slipped 4% to $967 million.
GAAP diluted EPS dropped 67% to $0.22; Adjusted EBITDA (non-GAAP) eased 4% to $675 million.
AFFO (non-GAAP) rose 10% to $488 million, due to lower interest expense and higher interest income following asset-sale proceeds.
Completed sale of Fiber and Small Cell businesses on May 1 for $8.4 billion net proceeds; repurchased $1 billion stock, repaid more than $7 billion debt.
Raised full-year 2026 AFFO outlook midpoint to $1.98 billion; site rental revenues outlook midpoint edged up $5 million to $3.86 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Castle Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221615PRIMZONEFULLFEED9766605) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Crown Castle Q2 FY26 net income drops 68% to $94 million; site rental revenues fall 4% to $967 million

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