Crown Castle Q1 Net Income Jumps to $151M; Maintains 2026 Outlook

Crown Castle Inc. reported its first-quarter 2026 results, showing a significant improvement in net income to $151 million compared to a loss of $(464) million in Q1 2025. However, site rental revenues declined by 5% to $961 million, and AFFO per share decreased by 7% to $1.02. The company maintained its full-year 2026 outlook, with projected site rental revenues of $3,850 million and AFFO per share of $4.43, reflecting a 2% increase from 2025. The CEO highlighted the near completion of the Fiber and Small Cell businesses separation and a focus on transitioning to a pure-play tower company.