10-Q quarterly report · filed Aug 6, 2025

Crown Castle (CCI) Q2 2025 10-Q Quarterly Report

Short answer

Crown Castle (CCI) filed its Q2 2025 10-Q quarterly report on Aug 6, 2025 for the quarter ended Jun 30, 2025. Quarterly revenue was $52M (up 13.0% year over year) with net income of $291M.

Q2 2025 key financials · XBRL

Revenue
$52M
+13.0% YoY · +4.0% QoQ
Net income
$291M
+15.9% YoY · +162.7% QoQ
Operating margin
973.1%
EPS (diluted)
$0.67
+15.5% YoY · +162.6% QoQ

Source: XBRL data from the Crown Castle (CCI) Q2 2025 10-Q on SEC EDGAR. USD.

Crown Castle Q2 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue not explicitly stated; net income $291M this quarter, up $40M from $251M in Q2 2024
  • Adjusted EBITDA $705M vs $727M in Q2 2024, slight decline reflecting margin pressure
  • Adjusted Site Rental Gross Margin $762M vs $819M in Q2 2024; Services and Other Gross Margin $26M vs $20M, services improved
  • Interest expense increased to $243M from $230M, depreciation and amortization declined slightly to $175M from $180M
  • No updated guidance or near-term outlook commentary provided in excerpt

Risk Factors

  • No new or materially changed risk factors disclosed since 2024 Form 10-K
  • Legal risk: Stock Purchase Agreement with Zayo Group Holdings, dated March 13, 2025, potentially affecting contractual obligations
  • Governance risk: Amendments to bylaws in November 2024 and February 2025 could impact corporate control structures
  • Operational risk: Ongoing integration of Fiber Finco, LLC and Small Cells Holdco Inc. following recent acquisitions
  • Financial risk: Certifications filed under Sarbanes-Oxley Act Sections 302 and 906 confirm internal controls and financial reporting compliance

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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