Crown Castle — Apr 22, 2026 release

"We delivered a solid first quarter and remain on track to achieve our full-year 2026 guidance,” said Chris Hillabrant, Crown Castle’s President and Chief Executive Officer. “We have largely completed the separation of our Fiber and Small Cell businesses and expect the sale to close in the first half of 2026. As we transition to a pure‑play tower company, we are focused on execution by driving operating efficiency, modernizing our systems, and increasing land ownership under our towers. With a clear standalone tower strategy, a disciplined capital allocation framework, and an investment‑grade balance sheet, we are well positioned to deliver attractive and sustainable shareholder returns."     The pathway to possible.      CrownCastle.com News Release continued: Page 2 RESULTS FROM THE QUARTER (dollars in millions, except per share amounts) Q1 2026 Q1 2025 Change % Change Site rental revenues (a) $961 $1,011 $(50) (5)% Net income (loss) $151 $(464) $615 N/A Net income (loss) per share—diluted $0.34 $(1.07) $1.41 N/A Adjusted EBITDA (a)(b) $675 $722 $(47) (7)% AFFO (a)(b) $446 $479 $(33) (7)% AFFO per share (a)(b) $1.02 $1.10 $(0.08) (7)% (a) Excludes amounts related to the Fiber Business (as defined in " Non-GAAP Measures and Other Information ") which are presented in discontinued operations. (b) 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. HIGHLIGHTS FROM