SBA Communications Corporation (SBAC)

NASDAQ: SBAC · Real-Time Price · USD

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189.07

+4.44 (2.40%)

At close: Feb 10, 2026, 4:00 PM EST

189.08

+0.01 (0.01%)

After-hours: Feb 10, 2026, 5:20 PM EST

SBA Communications Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	2,551	2,527	2,517	2,337	2,104	1,954
Other Revenue	238.5	152.87	194.65	296.88	204.75	128.67
Total Revenue	2,789	2,680	2,712	2,633	2,309	2,083
Revenue Growth (YoY	4.82%	-1.18%	2.97%	14.06%	10.83%	3.40%
Property Expenses	692.67	607.67	634.29	695.46	573.11	493.11
Selling, General & Administrative	270.58	259.46	267.14	261.85	220.03	194.27
Depreciation & Amortization	276.97	269.52	716.31	707.58	700.16	721.97
Other Operating Expenses	10.59	17.93	18.71	0.33	1.88	1.09
Total Operating Expenses	1,251	1,155	1,636	1,665	1,495	1,410
Operating Income	1,538	1,525	1,075	968.24	813.66	672.7
Interest Expense	-491.39	-448.7	-456.51	-419.73	-419.59	-412.8
Interest & Investment Income	45.06	41.96	18.31	10.13	3.45	2.98
Currency Exchange Gain (Loss)	20.3	-236.5	81.2	-	-	-
Other Non-Operating Income	-14.76	-13.92	-10.55	10.47	-74.28	-222.16
EBT Excluding Unusual Items	1,098	867.91	707.58	569.11	323.23	40.72
Gain (Loss) on Sale of Assets	-18.27	-	-7.6	-	-	-
Asset Writedown	-112.25	-89.3	-151.48	-42.83	-31.16	-39.01
Other Unusual Items	-1.51	-5.94	-	-0.44	-39.5	-19.46
Pretax Income	965.64	772.67	548.5	525.84	252.56	-17.75
Income Tax Expense	102.81	23.99	51.09	66.04	14.94	-41.8
Earnings From Continuing Operations	862.82	748.68	497.42	459.8	237.62	24.05
Minority Interest in Earnings	-5.85	0.86	4.4	1.63	-	0.06
Net Income	856.97	749.54	501.81	461.43	237.62	24.1
Net Income to Common	856.97	749.54	501.81	461.43	237.62	24.1
Net Income Growth	25.03%	49.37%	8.75%	94.19%	885.83%	-83.60%
Basic Shares Outstanding	108	108	108	108	109	112
Diluted Shares Outstanding	108	108	109	109	111	113
Shares Change (YoY)	-0.28%	-0.76%	-0.44%	-1.61%	-2.02%	-1.07%
EPS (Basic)	7.97	6.96	4.64	4.27	2.17	0.22
EPS (Diluted)	7.95	6.94	4.61	4.22	2.14	0.21
EPS Growth	25.44%	50.54%	9.24%	97.20%	919.05%	-83.59%
Dividend Per Share	4.310	3.920	3.400	2.840	2.320	1.975
Dividend Growth	13.72%	15.29%	19.72%	22.41%	17.47%	63.90%
Operating Margin	55.16%	56.91%	39.65%	36.77%	35.24%	32.29%
Profit Margin	30.72%	27.97%	18.51%	17.52%	10.29%	1.16%
EBITDA	1,815	1,795	1,791	1,676	1,514	1,395
EBITDA Margin	65.09%	66.97%	66.07%	63.64%	65.57%	66.95%
D&A For Ebitda	276.97	269.52	716.31	707.58	700.16	721.97
EBIT	1,538	1,525	1,075	968.24	813.66	672.7
EBIT Margin	55.16%	56.91%	39.65%	36.77%	35.24%	32.29%
Effective Tax Rate	10.65%	3.10%	9.31%	12.56%	5.92%	-
Revenue as Reported	2,789	2,680	2,712	2,633	2,309	2,083

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q