CCI at a glance
Crown Castle (CCI, SEC CIK 1051470) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on September 14, 2026 and Form 4 insider filings as recently as September 17, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Crown Castle (CCI) reported revenue of $215.0 million (up 2.4% from FY2024) and net income of $444.0 million. Diluted EPS was $1.01.
- As of June 30, 2026, 42 institutional investment managers tracked by SignalX reported holding Crown Castle (CCI) shares worth $17.2 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Collins Robert Sean on August 7, 2026 of 1,500 shares at $75.89 per share.
- In the last 90 days, CCI insiders reported 0 open-market purchases ($0) and 1 open-market sale ($114K) on Form 4, a net sale of $114K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $215.0M
- +2.4% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$114K
- 13F holders
- 42 funds
- $17.2B · −1 vs prior quarter
- Latest 8-K
- Sep 14, 2026
- Item 7.01 · Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Pure-play U.S. tower REIT: leases space on 40,000+ towers to wireless carriers under long-term contracts; T-Mobile, AT&T, Verizon = ~90% of site rental revenues
- Transformative divestiture: signed agreement March 2025 to sell entire Fiber segment (small cells + fiber solutions) to Zayo and EQT for $8.5B aggregate; Fiber now classified as discontinued operations
- Headcount ~4,000 total, ~2,500 in discontinued Fiber operations; 2026 Restructuring Plan to further reduce tower-side headcount
- $23.7B contracted future cash inflows from tower tenant contracts (weighted-average ~6 years remaining); DISH default excluded from figure
- REIT qualified-dividend 20% deduction made permanent by "One Big Beautiful Bill Act" signed July 4, 2025, directly benefiting non-corporate Crown Castle stockholders
Management Discussion & Analysis
- Site rental revenues $4.0B in 2025 vs $4.3B in 2024, down $219M (-5%); ~$204M decline from T-Mobile/Sprint non-renewals
- Adjusted EBITDA $2.86B vs $3.04B, margin ~70.7% vs ~71.1%; SG&A fell $52M (-12%) to $383M partially offsetting revenue drag
- Operating cash flow $3.06B vs $2.94B (+$114M YoY); discretionary capex $149M; dividends paid $2.1B (cut from $1.565 to $1.0625/share mid-year)
- Fiber Business sold for $8.5B (Zayo + EQT); proceeds earmarked ~$1B share buybacks + ~$7B debt repayment; $1.6B disposal loss recognized
- 2026 headwinds: ~$220M revenue loss from DISH default/termination; 2026 Restructuring Plan targeting $65M annualized savings at ~$30M charge
Risk Factors
- DISH default: Crown Castle issued termination notice Jan 12, 2026; asserts >$3.5B owed, with ~$165M net balance sheet exposure currently unimpaired
- Tenant concentration: T-Mobile/Sprint consolidation driving ~$200M Towers non-renewals in 2025, with additional losses expected through 2034
- Debt leverage: ~$24.2B total indebtedness as of Feb 2026; ~60% of fixed-rate debt (avg 3.7%) maturing within five years amid elevated rates
- Fiber Transaction risk: Pending sale to Zayo/EQT requires regulatory clearance and full operational separation; deal failure would strand significant sunk transaction costs
- Key-person dependency: Three CEOs in ~18 months (Brown → Melone → Moskowitz → Schlanger → Hillabrant); 2026 Restructuring Plan cutting tower/corporate headcount ~20%
AI summary of the CCI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Net income $94M vs $291M YoY; Adjusted EBITDA $675M vs $705M
- Site rental gross margin $723M vs $762M; services gross margin $23M vs $26M
- Strategic Fiber Transaction completed May 1; $1.0B spent repurchasing approximately 11M shares
- 2026 Revolver $4.5B undrawn; commercial paper outstanding $100M as of August 3
Risk Factors
- Fiber Business sale completed May 1, 2026, eliminating pending-sale and Fiber operational risk factors
- $1.0 billion 2026 Stock Repurchase Program fully utilized during quarter, reducing remaining authorized repurchases to $0
- New credit agreement executed May 1, 2026, creating updated debt-financing terms after Fiber transaction
AI summary of the CCI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Filing contains only the authorized signature page for Crown Castle Inc
- No substantive Regulation FD disclosure or investor-impacting information provided
Item 5.02: Departure/Appointment of Directors or Principal Officers
- COO Cathy Piche exits all roles February 22, 2027, after serving as special advisor from September 23, 2026
- CFO Sunit Patel retires March 31, 2027, creating a planned finance leadership transition
Item EX-99.1: Item EX-99.1
- CFO Sunit Patel retiring effective March 31, 2027, following the 2026 Form 10-K filing
- Kris Hinson appointed CFO April 1, 2027, bringing investor relations, treasury, commercial and telecom infrastructure experience
Item 7.01: Regulation FD Disclosure
- Filing contains only the authorized signature page, not substantive Regulation FD disclosure
- Signed by Edward B. Adams, Jr., Executive Vice President and General Counsel
Item EX-99.1: Item EX-99.1
- Quarterly common dividend declared at $1.0625 per share
- Payment scheduled September 30, 2026, for shareholders of record September 15, 2026
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release furnished as Exhibit 99.1 for detailed financial figures
AI summaries of CCI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CCI
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Hillabrant Christian H | F | Sep 15, 2026 | 12,160 | $74.17 |
| Hillabrant Christian H | M | Sep 15, 2026 | 24,466 | - |
| Hillabrant Christian H | M | Sep 15, 2026 | 7,340 | - |
| Hillabrant Christian H | M | Sep 15, 2026 | 24,466 | - |
| Hillabrant Christian H | M | Sep 15, 2026 | 7,340 | - |
| Collins Robert Sean | Sell | Aug 7, 2026 | 1,500 | $75.89 |
| Hinson Kristoffer L | A | May 20, 2026 | 11,083 | - |
| Stephens Kevin A | Buy | May 5, 2026 | 820 | $90.24 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $449.0M | $210.0M | $215.0M |
| Operating Income | $2.4B | -$2.9B | $2.1B |
| Net Income | $1.5B | -$3.9B | $444.0M |
| Op. Margin | 527.6% | -1399.0% | 965.1% |
| Net Margin | 334.5% | -1858.6% | 206.5% |
| Balance Sheet | |||
| Total Assets | - | $32.7B | $31.5B |
| Equity | $6.4B | -$133.0M | -$1.6B |
| ROE | 23.5% | 2934.6% | -27.2% |
| Per Share | |||
| EPS | $3.46 | $-8.98 | $1.01 |
| Cash Flow | |||
| Operating CF | $3.1B | $2.9B | $3.1B |
Source: XBRL data in Crown Castle (CCI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate CCI share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 42 | $17.25B |
| Q1 2026 | 43 | $18.63B |
| Q4 2025 | 41 | $20.93B |
| Q3 2025 | 42 | $22.92B |
| Q2 2025 | 40 | $24.00B |
| Q1 2025 | 40 | $18.58B |
| Q4 2024 | 38 | $13.35B |
| Q3 2024 | 33 | $8.59B |
- JPMorgan Chase & Co+1.98M (+83%)
- Goldman Sachs Group+1.51M (+116%)
- Millennium Management+1.11M (+164%)
- Citadel Advisors LLC+1.10M (+56%)
- Vanguard Portfolio Management LLC+603.0K (+2%)
- BlackRock−3.03M (-6%)
- T. Rowe Price Group−1.47M (-36%)
- FMR LLC (Fidelity)−1.34M (-49%)
- COHEN & STEERS, INC.−1.28M (-3%)
- Principal Financial Group−497.9K (-13%)
- StoneX Group Inc.+3.5K
- Blackstone Group−45.7K
- Bridgewater Associates LP−12.2K
Source: 13F-HR filings on SEC EDGAR (aggregated from 319 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CCI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 17, 2026 | - | - | - |
| 8-K | Sep 14, 2026 | - | Analysis | - |
| 4 | Aug 10, 2026 | - | - | - |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 4 | May 21, 2026 | - | - | |
| 8-K | May 20, 2026 | - | Analysis | |
| 8-K | May 20, 2026 | - | Analysis | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 4 | May 6, 2026 | - | - | |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
| 8-K | May 1, 2026 | - | Analysis | - |
| 8-K | May 1, 2026 | - | Analysis | - |
| SC 13G | Apr 29, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 8-K | Apr 22, 2026 | - | Analysis | - |
| 4 | Apr 14, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
| 4 | Feb 27, 2026 | - | - | - |
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CCI SEC filings: frequently asked questions
Are CCI insiders buying or selling?
In the last 90 days, Crown Castle (CCI) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $113,835 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold CCI stock?
As of June 30, 2026, the largest Crown Castle (CCI) holders among the 13F filers tracked by SignalX were BlackRock ($3.3 billion), COHEN & STEERS, INC. ($3.0 billion), Vanguard Portfolio Management LLC ($2.9 billion), Vanguard Capital Management LLC ($2.2 billion), State Street Corp ($1.7 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CCI's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Crown Castle (CCI) reported revenue of $215.0 million (up 2.4% from FY2024) and net income of $444.0 million. Diluted EPS was $1.01. The figures come from the XBRL data in the 10-K.
What are the main risks in CCI's latest 10-K?
In the 10-K filed February 23, 2026, Crown Castle (CCI) flagged: DISH default: Crown Castle issued termination notice Jan 12, 2026; asserts >$3.5B owed, with ~$165M net balance sheet exposure currently unimpaired. Tenant concentration: T-Mobile/Sprint consolidation driving ~$200M Towers non-renewals in 2025, with additional losses expected through 2034. (AI summary of the Risk Factors section.)
What did CCI report in its latest 8-K?
Crown Castle (CCI) filed an 8-K on September 14, 2026 reporting Item 7.01 (Regulation FD Disclosure) and Item 5.02 (Departure/Appointment of Directors or Principal Officers). Filing contains only the authorized signature page for Crown Castle Inc.
What are the latest CCI SEC filings?
Crown Castle (CCI) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on September 14, 2026 and a Form 4 insider filing on September 17, 2026.
What is CCI's SEC CIK number?
Crown Castle (CCI)'s SEC Central Index Key (CIK) is 1051470. EDGAR lists every CCI filing under that number.
Ask anything about CCI
The research agent reads CCI's filings, financials, insider trades and 13F holders, then answers with sources.