HighGravityDataCrown Castle — Jul 23, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001051470-25-000159
Showing in the filing
Interest expense and amortization of deferred financing costs, net
“$972 to $1,017”
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
CrownCastle.com News Release continued: Page 16 Components of Capital Expenditures: (a)(b) For the Three Months Ended For the Six Months Ended (in millions) June 30, 2025 June 30, 2024 June 30, 2025 June 30, 2024 Discretionary capital expenditures: Towers improvements and other capital projects $ 17 $ 21 $ 33 $ 46 Purchases of land interests 16 10 34 24 Sustaining capital expenditures 7 9 13 16 Total capital expenditures $ 40 $ 40 $ 80 $ 86 Outlook for Discretionary Capital Expenditures Less Prepaid Rent Additions: (b)(c) (in millions) Full Year 2025 Outlook (d) Discretionary capital expenditures $185 to $185 Less: Prepaid rent additions (e) ~$40 Discretionary capital expenditures less prepaid rent additions $145 to $145 Components of Interest Expense: For the Three Months Ended (in millions) June 30, 2025 June 30, 2024 Interest expense on debt obligations $ 239 $ 227 Amortization of deferred financing costs and adjustments on long-term debt 8 8 Capitalized interest (4) (5) Interest expense and amortization of deferred financing costs, net $ 243 $ 230 Outlook for Components of Interest Expense: (in millions) Full Year 2025 Outlook (d) Previous Full Year 2025 Outlook (f) Interest expense on debt obligations $960 to $1,000 $970 to $1,010 Amortization of deferred financing costs and adjustments on long-term debt $20 to $30 $20 to $30 Capitalized interest $(15) to $(5) $(15) to $(5) Interest expense and amortization of deferred financing costs, net $972 to $1,017 $982 to $1,027 (a) See our definitions of discretionary capital expenditures and sustaining capital expenditures in this " Non-GAAP Measures and Other Information. " (b) The financial impact of the Fiber Business is excluded as amounts are presented within discontinued operations. (c) Excludes sustaining capital expenditures. See " Non-GAAP Measures and Other Information " for our definitions of discretionary capital expenditures and sustaining capital expenditures. (d) As issued on July 23, 2025. (e) Reflects up-front consideration from long-term tenant contracts (commonly referred to as prepaid rent) that are amortized and recognized as revenue over the associated estimated lease term in accordance with GAAP. (f) As issued on April 30, 2025. The pathway to possible. CrownCastle.com News Release continued: Page 17 Debt Balances and Maturity Dates as of June 30, 2025 : (in millions) Face Value (a) Final Maturity Cash and cash equivalents and restricted cash and cash equivalents (b) $ 260 Senior Secured Notes, Series 2009-1, Class A-2 (c) 29 Aug. 2029 Senior Secured Tower Revenue Notes, Series 2018-2 (d) 750 July 2048 Installment purchase liabilities and finance leases
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.