Earnings ·
Crown Castle reported second quarter 2026 results, featuring AFFO of $488 million ($1.13 per share), a 10% increase…
CCICrown Castle Inc.
Crown Castle reported second quarter 2026 results, featuring AFFO of $488 million ($1.13 per share), a 10% increase from Q2 2025. The company completed the sale of its Fiber and Small Cell businesses on May 1, 2026, for $8.4 billion in net proceeds, using the funds to repurchase $1 billion in shares and repay over $7 billion in debt. For full year 2026, the company updated its outlook, increasing the midpoint for AFFO to $1,975 million and AFFO per share to $4.59. Site rental revenues for Q2 2026 were $967 million, down 4% year-over-year, impacted by DISH terminations and Sprint cancellations. The company operates in the wireless infrastructure industry, owning and leasing approximately 40,000 cell towers across the U.S.