Crown Castle Inc. · NYSE:CCI
Crown Castle — Q2 2026 Earnings Presentation
6 slides from Crown Castle's earnings presentation, Jul 22, 2026
Slide 1: Second Quarter 2026 Earnings Conference Call
July 22, 2026 Second Quarter 2026 Earnings Conference Call The pathway to possible. PAGE 1 Second Quarter 2026 Earnings Conference Call
Slide 2: Cautionary Language
Cautionary Language This presentation contains forward-looking statements and information (“Forward-Looking Statements”) that are based on our management's current expectations. Statements that are not historical facts are hereby identified as Forward-Looking Statements. In addition, words such as "
Slide 3: Q2 2026 Results
Q2 2026 Results ($ in millions) Site Rental Revenues Adjusted EBITDA(1) AFFO(1) $1,008 $967 $705 $675 $488 ↓ ($41) $444 ↓ ($30) ↑ $44 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Results Results Results Results Results Results 1. See “Non-GAAP Measures and Other Information” in the Supplemental I
Slide 4: Updated Full Year 2026 Outlook
Updated Full Year 2026 Outlook ($ in millions) Site Rental Revenues Adjusted EBITDA(1) AFFO (1) $3,828 to $3,873 $3,833 to $3,878 Midpoint: $3,850 Midpoint: $3,855 $2,665 to $2,715 $2,665 to $2,715 Midpoint: $2,690 Midpoint: $2,690 $1,945 to $1,995 $1,950 to $2,000 Midpoint: $1,970 Midpoint: $1,975
Slide 5: 2026 Outlook for Organic Contribution to Site Rental Billings, Change in Site Rental Revenues
2026 Outlook for Organic Contribution to Site Rental Billings, Change in Site Rental Revenues(1) ($in millions) $100 $135 ($20) Sprint ($30) $0 $65 ($220) DISH Non-Cash Items ($240) ($105) ($70) ($20) ($195) Core Leasing Plus: Less: Less: Change in Organic Less: DISH Organic Change in Change in Grow
Slide 6: 2026 Outlook for Change in AFFO
2026 Outlook for Change in AFFO(1) ($ in millions) $165 $70 ($15) $40 ($15) ($105) Organic Change in Change in Change in Other 2026E Contribution to Expenses Services Interest AFFO Growth Site Rental Billings Contribution Expense Previous FY 2026 ($110) $25 $5 $160 ($15) $65 Outlook(2) Midpoint $5 $