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Crown Castle Inc. reported second-quarter 2026 results and updated its 2026 outlook. For the quarter ended June 30, 2026, site rental revenues were $967 million, down 4% year over year, while net income fell to $94 million (diluted EPS $0.22), a 68% decline. Adjusted EBITDA was $675 million. AFFO rose to $488 million, or $1.13 per share, up 10% and 11% respectively from the prior-year quarter.
On May 1, 2026, Crown Castle completed the sale of its Fiber and Small Cell businesses for $8.4 billion of net cash proceeds. Following the sale, it executed $1 billion of share repurchases and repaid more than $7 billion of debt, ending the quarter with 100% fixed-rate debt, a weighted average debt maturity of approximately seven years, and about $4.5 billion of availability under its revolving credit facility.
For full year 2026, the company now guides to site rental revenues of $3.833–$3.878 billion and Adjusted EBITDA of $2.665–$2.715 billion. At the midpoint, net income is expected to be $870 million, up 96% versus 2025, and AFFO $1.975 billion, about 4% above 2025, with AFFO per share of $4.53–$4.65. During the quarter, Crown Castle paid common stock dividends totaling roughly $460 million, or $1.0625 per share.
Hinson Kristoffer L reported acquisition or exercise transactions in this Form 4 filing.
CROWN CASTLE INC. granted 11,083 Time Restricted Stock Units (RSUs) to Executive Vice President and Chief Commercial Officer Kristoffer L. Hinson as equity compensation. Each RSU represents a contingent right to receive one share of common stock under the company’s 2022 Long-Term Incentive Plan.
These Time RSUs vest in three equal installments of 33 1/3% on May 10 of 2027, 2028 and 2029, aligning the executive’s compensation with long-term performance and service. Following this grant, Hinson holds 11,083 Time RSUs directly.
CROWN CASTLE INC. executive vice president and chief commercial officer Kristoffer L. Hinson filed an initial ownership report showing existing equity interests in the company. He reports indirect ownership of 500 shares of common stock held through a 401(k) plan and several awards of time-based restricted stock units.
These Time RSUs relate to common stock and include awards with 7,185, 3,036, and 1,049 underlying shares, all at a stated exercise price of $0.00. Footnotes explain that the RSUs were issued under Crown Castle’s 2022 Long-Term Incentive Plan and each RSU represents a contingent right to receive one share of common stock, subject to time-based vesting schedules extending from February 19, 2027 through February 19, 2029.
Crown Castle Inc. reported the results of its 2026 annual meeting of stockholders held on May 20, 2026. Stockholders elected nine director nominees, each receiving over 382 million votes in favor, with broker non-votes of 14,804,582 on each director item.
Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accountants for fiscal year 2026, with 403,302,019 votes for, 6,525,343 against, and 191,248 abstentions. In addition, they approved, on a non-binding advisory basis, the compensation of the named executive officers, with 348,903,606 votes for, 45,961,809 against, 348,613 abstentions, and 14,804,582 broker non-votes.
Crown Castle Inc. announced that its Board of Directors has declared a quarterly cash dividend of $1.0625 per common share. The dividend will be paid on June 30, 2026, to stockholders of record at the close of business on June 15, 2026. Future dividends remain subject to Board approval.
The company notes that it owns, operates and leases approximately 40,000 cell towers across the U.S., which support wireless connectivity for cities, communities, people and businesses.
Crown Castle Inc. ownership update: an amendment to a Schedule 13G/A reports that Cohen & Steers, Inc. and affiliated entities beneficially own 40,765,560 shares of Crown Castle common stock, representing 9.35% of the class as reported. The filing breaks out sole voting power of 33,796,759 shares and sole dispositive power of 40,765,560, and states the holdings are held for the benefit of client accounts.
Crown Castle Inc. reports first-quarter 2026 results while executing a major shift to a towers-only business. From continuing operations, net income was $220 million versus $284 million a year earlier, as site rental revenue declined to $961 million from $1,011 million, mainly from DISH and Sprint non-renewals.
Including discontinued operations for the Fiber Business, net income reached $151 million, improving from a $464 million loss in 2025 despite a $345 million loss on disposal. The Fiber Business was sold on May 1, 2026 for $8.4 billion, with proceeds earmarked for debt reduction and a $1.0 billion share repurchase program. Crown Castle generated $509 million in operating cash flow and paid a quarterly common dividend of $1.0625 per share while starting a 2026 restructuring plan targeting roughly 20% headcount reduction and substantial cost savings.
CROWN CASTLE INC. director Kevin A. Stephens made an open-market purchase of company stock. On May 5, 2026, he bought 820 shares of common stock at $90.24 per share. Following this transaction, he directly owns 23,934 shares of Crown Castle common stock.
CROWN CASTLE INC. executive vice president and general counsel Edward B. Adams Jr. reported routine equity compensation activity. On May 1, 2026, he received 14,490 shares of common stock at $0.00 per share as stock acquired upon the satisfaction of performance criteria underlying performance restricted stock units. On the same date, 5,702 shares at $88.78 per share were withheld by the issuer to satisfy his tax withholding obligation, rather than sold on the open market. Following these transactions, Adams held 33,971 shares directly and 1,062 shares indirectly through a 401(k) plan.