Crown Castle — Oct 22, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001051470-25-000185
Showing in the filing
Non-renewals associated with Sprint Cancellations
“(205) to (205)”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 41
Site rental revenues (Current Full Year 2025… for FY2025
“$4,030”
Net income (loss) (Current Full Year 2025 Ou… for FY2025
“$285”
Net income (loss) per share—diluted (Current… for FY2025
“$0.65”
Adjusted EBITDA (Current Full Year 2025 Outl… for FY2025
“$2,835”
AFFO (Current Full Year 2025 Outlook Midpoint) for FY2025
“$1,870”
AFFO per share (Current Full Year 2025 Outlo… for FY2025
“$4.29”
Core leasing activity (Current Full Year 202… for FY2025
“$115 2.9%”
Escalators (Current Full Year 2025 Outlook M… for FY2025
“$95 2.4%”
Non-renewals (Current Full Year 2025 Outlook… for FY2025
“($30) (0.8)%”
Change in other billings (Current Full Year … for FY2025
“$5 0.1%”
Organic Contribution to Site Rental Billings… for FY2025
“$185 4.7%”
Site rental billings for FY2025
“$3,895 to $3,925”
Straight-lined revenues for FY2025
“($5) to $25”
Other revenues for FY2025
“$15 to $15”
Site rental revenues for FY2025
“$4,007 to $4,052”
Site rental costs of operations for FY2025
“$967 to $1,012”
Services and other gross margin for FY2025
“$80 to $110”
Net income (loss) for FY2025
“$145 to $425”
Net income (loss) per share-diluted for FY2025
“$0.33 to $0.97”
Adjusted EBITDA for FY2025
“$2,810 to $2,860”
Depreciation, amortization and accretion for FY2025
“$678 to $773”
Income (loss) from discontinued operations, … for FY2025
“($830) to ($590)”
FFO for FY2025
“$1,690 to $1,720”
AFFO for FY2025
“$1,845 to $1,895”
AFFO per share for FY2025
“$4.23 to $4.35”
Discretionary capital expenditures from disc… for FY2025
“$920 to $1,020”
Fiber Business sale transaction value
“$8.5 billion in aggregate”
Fiber Business sale transaction expected clo… for FY2026
“first half of 2026”
Core leasing activity for FY2025
“110 to 120”
Escalators for FY2025
“90 to 100”
Non-renewals for FY2025
“(35) to (25)”
Other billings for FY2025
“5 to 5”
Organic Contribution to Site Rental Billings… for FY2025
“170 to 200”
Non-renewals associated with Sprint Cancella… for FY2025
“(205) to (205)”
Organic Contribution to Site Rental Billings for FY2025
“(35) to (5)”
Site rental revenues as a percentage of prio… for FY2025
“(5.6)%”
Site rental billings growth, excluding impac… for FY2025
“4.7%”
Organic Contribution to Site Rental Billings… for FY2025
“(0.5)%”
Discretionary capital expenditures for FY2025
“$155 to $155”
Discretionary capital expenditures less prep… for FY2025
“$115 to $115”
Interest expense and amortization of deferre… for FY2025
“$957 to $1,002”
Exhibit 99.1 · the passage around this item
… earlier in the release
CrownCastle.com News Release continued: Page 15 Components of Changes in Site Rental Revenues for Current Outlook for Full Year 2025: (dollars in millions; totals may not sum due to rounding) Full Year 2025 Outlook (a)(c) Previously Issued Full Year 2025 Outlook (b)(c) Components of changes in site rental revenues: Prior year site rental billings (d)(e) $3,931 $3,931 Core leasing activity (e) 110 to 120 110 to 120 Escalators 90 to 100 90 to 100 Non-renewals (e) (35) to (25) (35) to (25) Other billings (e) 5 to 5 5 to 5 Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations (e) 170 to 200 170 to 200 Non-renewals associated with Sprint Cancellations (e) (205) to (205) (205) to (205) Organic Contribution to Site Rental Billings (e) (35) to (5) (35) to (5) Straight-lined revenues (5) to 25 (15) to 15 Amortization of prepaid rent 80 to 110 80 to 110 Other revenues 15 to 15 15 to 15 Acquisitions (f) — — Total site rental revenues $4,007 to $4,052 $3,997 to $4,042 Year-over-year changes in revenues: (g) Site rental revenues as a percentage of prior year site rental revenues (5.6)% (5.8)% Organic Contribution to Site Rental Billings as Adjusted for Impact of Sprint Cancellations as a percentage of prior year site rental billings (e) 4.7% 4.7% Organic Contribution to Site Rental Billings as a percentage of prior year site rental billings (e) (0.5)% (0.5)% (a) As issued on October 22, 2025. (b) As issued on July 23, 2025. (c) Represents full year 2025 Outlook for continuing operations only. (d) Reflects prior year site rental billings in the historically reported Towers segment. The financial impact of prior year site rental billings in the historically reported Fiber segment is excluded as such billings are included in discontinued operations for 2025. (e) See our definitions of site rental billings, core leasing activity, non-renewals, other billings
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.