Crown 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
Site rental billings growth, excluding the impact of Sprint Cancellations
“4.7%”
Period
FY2025
Measure
Company-defined measure
Source
Prose
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
"Our increased Outlook for full year 2025 demonstrates the progress we are making across the key near-term priorities we articulated last quarter, including delivering on our 2025 financial and operating objectives, successfully closing the previously announced sale of our small cells and fiber solutions businesses, and positioning the tower business to maximize shareholder value on a standalone basis. Our updated full year 2025 Outlook includes both an increase in organic growth to 4.7%, excluding the impact of Sprint Cancellations, and a $10 million reduction in overhead costs. In addition to delivering strong operational results in the first half of 2025, we have made progress on the sale transaction, which we continue to believe will close in the first half of 2026. We believe the improved financial flexibility we created with our previously announced capital allocation framework coupled with investments in our systems and processes to streamline our operations will enable us to better serve our customers, operate more The pathway to possible. CrownCastle.com News Release continued: Page 2 efficiently, and maximize long-term shareholder value on a standalone basis." RESULTS FOR THE QUARTER The table below sets forth select financial results for the quarters ended June 30, 2025 and June 30, 2024. (dollars in millions, except per share amounts) Q2 2025 Q2 2024 Change % Change Site rental revenues (a) $1,008 $1,064 $(56) (5)% Net income (loss) $291 $251 $40 16% Net income (loss) per share—diluted $0.67 $0.58 $0.09 16% Adjusted EBITDA (a)(b) $705 $727 $(22) (3)% AFFO (a)(b) $444 $449 $(5) (1)% AFFO per share (a)(b) $1.02 $1.03 $(0.01) (1)% (a) Excludes am
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.