10-Q quarterly report · filed Nov 6, 2025

Crown Castle (CCI) Q3 2025 10-Q Quarterly Report

Short answer

Crown Castle (CCI) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $60M (up 1.7% year over year) with net income of $323M.

Q3 2025 key financials · XBRL

Revenue
$60M
+1.7% YoY · +15.4% QoQ
Net income
$323M
+6.6% YoY · +11.0% QoQ
Operating margin
875.0%
EPS (diluted)
$0.74
+5.7% YoY · +10.4% QoQ

Source: XBRL data from the Crown Castle (CCI) Q3 2025 10-Q on SEC EDGAR. USD.

Crown Castle Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $323M in Q3 2025 vs $303M in Q3 2024; Adjusted EBITDA $718M vs $777M YoY
  • Depreciation, amortization and accretion decreased to $167M from $181M YoY; interest expense rose to $247M from $236M
  • Adjusted Site Rental Gross Margin $767M in Q3 2025 vs $823M in Q3 2024; Adjusted Services and Other Gross Margin $31M vs $29M
  • Operating cash flow details not provided; no notable changes highlighted in cash or capital deployment
  • Management uses Adjusted EBITDA and Gross Margins to assess performance and guide resource allocation; no updated outlook or guidance disclosed

Risk Factors

  • No new or updated risk factors disclosed compared to 2024 Form 10-K
  • Legal risk from Stock Purchase Agreement dated March 13, 2025, with Zayo Group Holdings
  • Governance risk from amended Certificate of Incorporation May 21, 2025, and revised By-laws through February 26, 2025
  • No near-term operational or market risks identified in the filing
  • No financial risks related to liquidity, debt maturity, or currency exposures referenced

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

Other Crown Castle quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.