Crown Castle posts Q1 2026 net income of $151M, maintains full-year outlook amid Fiber Business sale plans

Crown Castle reported a net income of $151 million for Q1 2026, a significant turnaround from a net loss of $464 million in Q1 2025, mainly due to reduced losses from its Fiber Business sale. Site rental revenues declined 5% to $961 million, impacted by contract terminations with DISH and Sprint, but organic growth in site rental billings was 3.3% excluding these impacts. The company expects to close the Fiber Business sale in the first half of 2026 and plans to repurchase $1 billion in shares and repay $7 billion in debt post-sale. Crown Castle maintained its full-year 2026 financial outlook, focusing on operating efficiency and transitioning to a pure-play tower company.