Short answer
Crown Castle (CCI) filed its Q1 2025 10-Q quarterly report on May 9, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $50M (down 5.7% year over year) with net income of −$464M.
Q1 2025 key financials · XBRL
- Revenue
- $50M
- −5.7% YoY
- Net income
- −$464M
- −249.2% YoY
- Operating margin
- 1042.0%
- EPS (diluted)
- −$1.07
- −250.7% YoY
Source: XBRL data from the Crown Castle (CCI) Q1 2025 10-Q on SEC EDGAR. USD.
Crown Castle Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue impact: Site rental revenues $1,011M in Q1 2025 vs $1,068M Q1 2024, decline $57M YoY
- Operating profitability: Adjusted Site Rental Gross Margin $776M (approx. 76.8% margin on site rental revenues) vs $829M (77.6%) YoY, slight margin contraction
- Segment performance: Services and Other Gross Margin increased to $22M in Q1 2025 from $18M Q1 2024, indicating Services improvement despite overall net loss
- Net income (loss) $ (464)M Q1 2025 vs $311M net income Q1 2024, driven by $748M loss from discontinued operations in 2025
- Interest expense $236M up from $226M, depreciation $177M slightly down from $191M, reflecting stable capital costs; no updated guidance or outlook disclosed
Risk Factors
- No new or materially updated risk factors disclosed since 2024 Form 10-K
- Legal risk: Stock Purchase Agreement with Zayo Group Holdings filed March 2025, potential transaction-related liabilities
- Operational risk: Interim President and CEO Agreement effective, indicating recent executive leadership change
- Financial risk: No liquidity, debt maturity, or currency exposure updates in risk section
- Regulatory/compliance risk unchanged, no new SEC or Sarbanes-Oxley related risks noted
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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