Crown Castle's results for Q3 2026 (quarter ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-21. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP (total net revenues, continuing operations)) | $995 million (−7.2% vs a year earlier) |
| Diluted EPS (GAAP) | $0.67 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $1.24 |
| Full-year guidance | Raised |
Guidance
Crown Castle raised 2026 outlook midpoints: site rental revenues +$20 million, adjusted EBITDA +$25 million, AFFO +$5 million; expects core leasing toward the range's bottom.
Why this label: Outlook midpoints vs previous: site rental revenues +$20M, net income +$25M, EPS +$0.06, adjusted EBITDA +$25M, AFFO +$5M; nothing core lowered.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| site rental revenues | FY2026 | $3,853–$3,898 million (midpoint $3,875 million) | $3,855 million (midpoint) |
| adjusted EBITDA | FY2026 | $2,690–$2,740 million (midpoint $2,715 million) | $2,690 million (midpoint) |
| AFFO | FY2026 | $1,955–$2,005 million (midpoint $1,980 million) | $1,975 million (midpoint) |
| AFFO per share | FY2026 | $4.54–$4.66 (midpoint $4.60) | $4.59 (midpoint) |
| net income per share, diluted | FY2026 | $1.76–$2.41 (midpoint $2.08) | $2.02 (midpoint) |
| discretionary capital expenditures | FY2026 | $190–$290 million | not stated |
From the release
Revenue: "Net revenues · 995 · 1,072"
Earnings per share: "Net income (loss) per share-diluted · $0.67 · $0.74 · $(0.07) · (9)% · Adjusted EBITDA (a)(b) · $673 · $718 · $(45) · (6)% · AFFO (a)(b) · $530 · $490 · $40 · 8% · AFFO per share (a)(b) · $1.24 · $1.12"
site rental revenues: "Site rental revenues (c) · $3,875 · $4,049 · (4)% · $3,855 · $20"
adjusted EBITDA: "Adjusted EBITDA (c)(d) · $2,715 · $2,863 · (5)% · $2,690 · $25"
AFFO: "AFFO (c)(d) · $1,980 · $1,904 · 4% · $1,975 · $5"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised 2026 adjusted EBITDA outlook $25 million; Q3 AFFO per share up 11%.
Source
Crown Castle earnings release (SEC filing), accession 0001051470-26-000085, filed 2026-10-21.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.