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

Filed: Aug 6, 2025Period ending Jun 30, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

Crown Castle (CCI) 10-Q quarterly report for Q2 2025, filed with SEC EDGAR on Aug 6, 2025 for the fiscal period ending Jun 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Crown Castle Q2 2025 10-Q Analysis

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

Crown Castle Q2 2025 Quarterly Financials
XBRL

Revenue

$52M

+13.0% YoY +4.0% QoQ

Net Income

$291M

+15.9% YoY +162.7% QoQ

Net Margin

559.6%

+1396bp YoY +148762bp QoQ

Source: XBRL data from Crown Castle Q2 2025 10-Q filing on SEC EDGAR. All figures in USD.

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