Completed sale of Fiber and Small Cell businesses on May 1 for $8.4 billion net proceeds; repurchased $1 billion stock, repaid more than $7 billion debt.
Raised full-year 2026 AFFO outlook midpoint to $1.98 billion; site rental revenues outlook midpoint edged up $5 million to $3.86 billion.
Quarterly results and operating trends
Crown Castle Q2 2026 net income fell 68% to $94 million; site rental revenues slipped 4% to $967 million.
GAAP diluted EPS dropped 67% to $0.22; Adjusted EBITDA (non-GAAP) eased 4% to $675 million.
AFFO (non-GAAP) rose 10% to $488 million, due to lower interest expense and higher interest income following asset-sale proceeds.
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