Crown Castle — Apr 22, 2026 release

     CrownCastle.com News Release continued: Page 4 (in millions, except per share amounts) Full Year 2026 (a) Site rental billings (b) $3,800 to $3,830 Amortization of prepaid rent 65 to 95 Straight-lined revenues (75) to (45) Other revenues 15 to 15 Site rental revenues 3,828 to 3,873 Site rental costs of operations (c) 978 to 1,023 Services and other gross margin 90 to 120 Net income (loss) (d) 640 to 920 Net income (loss) per share—diluted (d) 1.48 to 2.12 Adjusted EBITDA (b) 2,665 to 2,715 Depreciation, amortization and accretion 627 to 722 Interest expense and amortization of deferred financing costs, net (e) 832 to 877 Income (loss) from discontinued operations, net of tax (f) (360) to (80) FFO (b) 1,640 to 1,670 AFFO (b) 1,895 to 1,945 AFFO per share (b) 4.38 to 4.49 Discretionary capital expenditures (b) 150 to 250 Discretionary capital expenditures from discontinued operations (b)(g) $480 to $580 (a) As issued on April 22, 2026, and unchanged from previous full year 2026 Outlook issued on February 4, 2026. (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, and for definition of site rental billings and discretionary capital expenditures. (c) Exclusive of depreciation, amortization and accretion. (d) Includes contribution from discontinued operations through June 30, 2026. (e) See " Non-GAAP Measures and Other Information " for the reconciliation of " Outlook for Components of Interest Expense." (f) Represents expected results from the Fiber Business, including the estimated loss on disposal, through June 30, 2026. (g) Represents discretionary capital expenditures for the Fiber Business through June 30, 2026. • The following chart reconciles the components contributing to the expected 2026 decrease in site rental revenues.     The pathway to possible.      CrownCastle.com News Release continued: Page 5 • Full year 2