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Crown Castle — Jul 23, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001051470-25-000159
Open on SEC.gov ↗
Showing in the filing
Site rental revenues (Outlook Midpoint)
“$4,020”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 31
Site rental revenues (Outlook Midpoint) for FY2025
“$4,020”
Net income (loss) (Outlook Midpoint) for FY2025
“$240”
Net income (loss) per share—diluted (Outlook… for FY2025
“$0.55”
Adjusted EBITDA (Outlook Midpoint) for FY2025
“$2,805”
AFFO (Outlook Midpoint) for FY2025
“$1,830”
AFFO per share (Outlook Midpoint) for FY2025
“$4.20”
Site rental billings growth, excluding the i… for FY2025
“4.7%”
Reduction in overhead costs for FY2025
“$10 million”
Organic growth, excluding impact of Sprint C… for FY2025
“4.7%”
Site rental billings for FY2025
“$3,895 to $3,925”
Straight-lined revenues for FY2025
“($15) to $15”
Other revenues for FY2025
“$15 to $15”
Site rental revenues for FY2025
“$3,997 to $4,042”
Services and other gross margin for FY2025
“$75 to $105”
Net income (loss) for FY2025
“$100 to $380”
Net income (loss) per share-diluted for FY2025
“$0.23 to $0.87”
Adjusted EBITDA for FY2025
“$2,780 to $2,830”
Depreciation, amortization and accretion for FY2025
“$678 to $773”
Income (loss) from discontinued operations, … for FY2025
“($830) to ($590)”
FFO for FY2025
“$1,645 to $1,675”
AFFO for FY2025
“$1,805 to $1,855”
AFFO per share for FY2025
“$4.14 to $4.25”
Discretionary capital expenditures from disc… for FY2025
“$920 to $1,020”
Change in other billings, expected increase … for FY2025
“$5 million”
Core leasing activity, expected increase fro… for FY2025
“$5 million”
Organic Contribution to Site Rental Billings… for FY2025
“$170 to $200”
Discretionary capital expenditures for FY2025
“$185 to $185”
Prepaid rent additions for FY2025
“~$40”
Discretionary capital expenditures less prep… for FY2025
“$145 to $145”
Interest expense and amortization of deferre… for FY2025
“$972 to $1,017”
Site rental costs of operations for FY2025
“$972 to $1,017”
Exhibit 99.1 · the passage around this item
… earlier in the release
(dollars in millions, except per share amounts) Current Full Year 2025 Outlook Midpoint (a) Full Year 2024 Actual % Change Previous Full Year 2025 Outlook (b) Current Compared to Previous Outlook Site rental revenues (c) $4,020 $4,268 (6)% $4,010 $10 Net income (loss) $240 $(3,903) N/A $205 $35 Net income (loss) per share—diluted $0.55 $(8.98) N/A $0.47 $0.08 Adjusted EBITDA (c)(d) $2,805 $3,035 (8)% $2,780 $25 AFFO (c)(d) $1,830 $1,980 (8)% $1,795 $35 AFFO per share (c)(d) $4.20 $4.55 (8)% $4.12 $0.08 (a) Reflects midpoint of full year 2025 Outlook as issued on July 23, 2025. (b) Reflects midpoint of full year 2025 Outlook as issued on April 30, 2025. (c) Excludes amounts related to the Fiber Business (as defined in " Non-GAAP Measures and Other Information ") which are presented in discontinued operations. (d) See " Non-GAAP Measures and Other Information " for further information and reconciliation of non-GAAP financial measures to net income (loss), including on a per share basis. " With strong operational performance and higher leasing activity from our customers as they continue to augment capacity in their networks, we delivered solid results in the second quarter and increased our full year 2025 Outlook," stated Dan Schlanger, Crown Castle’s Interim President and Chief Executive Officer. "Our increased Outlook for full year 2025 demonstrates the progress we are making across the key near-term pri
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.