1. MARKETS
  2. SECTOR : REAL ESTATE
  3. INDUSTRY : REAL ESTATE INVESTMENT TRUSTS
  4. SBA COMMUNICATIONS CORP - ORDINARY SHARES - CLASS A
SBA Communications Corp - Ordinary Shares - Class A
XNAS: SBAC
Download real time
181.83-2.45(-1.33%)
52W Low on Oct 05, 2026
920.9K
XNAS Volume

XNAS 13 Oct, 2026 5:30 PM (EDT)

Portfolio

Alert

My Notes

SBA Communications (Class A) quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Forecaster Analyst Estimates for SBA Communications (Class A) share price target, revenues, EPS, net income and more

SBA Communications (Class A) quarterly results: revenue, profit, and P&L – 13 quarter history

Nested row level
Base Level
Reporting Type
Originally Reported
Cell Data
Actual
Table Settings
YoY & New to Old
Nested row level
Base Level
Export
  • POSITIVE

    Quarterly Revenue SBA Communications (Class A) Jun-2026 Quarterly Revenue is $715 Million which is growth of 2.3% YoY.

  • NEGATIVE

    Quarterly Net Profit SBA Communications (Class A) Jun-2026 Quarterly Net Profit is $199 Million which is growth of -12.0% YoY.

SBA Communications Corp - Ordinary Shares - Class A, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
715.3703.4719.6732.3699664.3693.7667.6660.5657.9675682.5678.5
Cost Of Rev.
176171.3175.4189.8172.1153.7152.1150.3141.3138144.3149.8154.3
Gross Profit
539.3532.1544.2542.5526.9510.6541.6517.3519.2519.9530.7532.8524.3
⌄
158.9151.9154.8142.9141131.3132.7123.6126.6145.5238.9245.5245.2
Operating Profit
380.4380.2389.4399.7385.9379.3408.9393.7392.7374.4291.8287.3279.1
⌄
-129.9-129.4-121-120.7-118.2-107.2-100.4-101.1-102.5-102.8-104.4-107.1-109.2
Profit Before Tax
232.5236432.3289.1260.8259.9155.9298.2147.1171.5138.493.2172.8
Tax
3651.161.948.735.142-22.942.3-12.316.928.97.9-29.2
⌄
198.8184.8370.3236.8225.8220.7173.6258.5162.8154.5109.587.4203.7
Diluted NI Avail to Com Stockholders Ann.
198.8184.8370.3236.8225.8220.7173.6258.5162.8154.5109.587.4203.7
Basic EPS
1.91.83.52.22.12.11.62.41.51.410.81.9
Diluted EPS After ExtraOrdinary
2.124.22.42.52.41.82.51.81.91.61.12.1
Number Of Shares End
106.1105.8106.3107.3107.5107.7107.5107.5107.5108.1108108.4108.4
Net Income Continuing Discontinued Operations
198.8184.8370.3236.8225.8220.7173.6258.5162.8154.5109.587.4203.7
Normalized Income
242.6229.9270.2277.7288.1286.3215.1285.4204.3254.5192140.4246.4
Interest Income
5.65.27.25.58.210.820.677.17.35.55.34.7
Interest
130.2129.3122.7120.7120.9112.5115.1102.9104.6104.8104.8107.2108.8
Net Interest Income
-129.9-129.4-121-120.7-118.2-107.2-100.4-101.1-102.5-102.8-104.4-107.1-109.2
EBIT
357.1360.1547.7404.3373.5361.6250.4394.1244.7269237.6195.2276.9
EBITDA
438.4441.4628.1481.2443.5426.7315.4457.6308.9345.7409375.9466.2
Reconciled Cost Of Rev.
176171.3175.4189.8172.1153.7152.1150.3141.3138144.3149.8154.3
Reconciled Depr.
81.481.380.476.97065.165.163.564.276.8171.4180.7181.8
Profit From Continuing Operations
196.5184.9370.4240.4225.7217.9178.8255.9159.5154.5109.585.4202
Normalized EBITDA
472.6484725.8512.2502.7481.9364.1482.7354.1408.6496.7419.8501.2
*All financials are in USD Million and price data in USD
Add metric to table
Search...

SBA Communications (Class A) competitor comparison and performance snapshot within industry

SBA Communications (Class A) annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

Nested row level
Base Level
Reporting Type
Originally Reported
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
  • POSITIVE

    Annual Revenue SBA Communications (Class A) Dec-2025 Annual Revenue is $2,815 Million which is growth of 5.1% YoY.

  • POSITIVE

    Annual Net Profit SBA Communications (Class A) Dec-2025 Annual Net Profit is $1,054 Million which is growth of 40.6% YoY.

SBA Communications Corp - Ordinary Shares - Class A, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
⌄
2.2%
6.2%
 2,815.12,679.62,711.62,633.52,308.82,083.12,014.61,865.71,727.71,633.11,638.5
Cost Of Rev. Ann.
1.1%
7.7%
712.5691581.7612.6668.7545.5476.5493468.8446.3420.9444.4
Gross Profit Ann.
2.6%
5.7%
2,158.12,124.22,097.92,0991,964.81,763.41,606.61,521.61,396.91,281.41,212.21,194.1
Operating Exp. Ann.
-16.2%
-9.1%
608.4569.9528.3984.2969.4920.2916.2889.8814.6773.8781.5775
Operating Profit Ann.
16%
17.6%
1,549.61,554.31,569.61,114.7995.4843.2690.4631.8582.3507.6430.7419.1
⌄
-
-
-500.9-467-406.7-438.2-409.6-416.1-409.8-410.2-392.4-337.2-341.6-339.1
Other Exp. Ann.
-
-
 154.7-390.2-128-59.9-174.5-298.3-34.7-138.2-53.4-1.8-246.6
PBT Ann.
33.2%
-
1,189.81,242772.7548.5525.8252.6-17.8186.951.7116.987.3-166.6
Tax Ann.
41.7%
-
197.6187.62451.16614.9-41.839.64.213.211.19.1
⌄
31.7%
112.9%
990.71,053.6749.5501.8461.4237.624.114747.5103.776.2-175.7
Diluted NI Avail to Com Stockholders Ann.
31.7%
112.9%
990.71,053.6749.5501.8461.4237.624.114747.5103.776.2-175.7
EPS Ann.
31.6%
117.8%
 9.874.64.32.20.21.30.40.90.6-1.4
Diluted EPS Ann.
32.6%
117.8%
 9.86.94.64.22.10.21.30.40.90.6-1.4
Number Of Shares End
-0.5%
-0.8%
 106.3107.5108108108.9110.7112.3113.5117.2122.7126
Total Exp. Ann.
-8.4%
-2%
 1,260.91,1101,596.91,638.11,465.71,392.81,382.81,283.41,220.11,202.41,219.4
Net Income Continuing Discontinued Operations Ann.
31.7%
112.9%
990.71,053.6749.5501.8461.4237.624.114747.5103.776.2-175.7
Normalized Income Ann.
25%
57.5%
1,020.31,261.91,026.6874.7645.9411.9130.3243.4134.6182.8188.9-117
Interest Income Ann.
46.4%
60.2%
23.631.74218.310.13.535.56.711.310.93.9
Interest Ann.
6%
4%
502.9476.8427.4436.2399.9400392.7393.2378.9326.6331.4323.9
EBITDA Ann.
6.6%
12.1%
1,989.11,9341,381.51,635.71,595.61,332.81,094.91,271.71,095.91,075.31,045.9813.4
Reconciled Cost Of Rev. Ann.
1.1%
7.7%
712.5691581.7612.6668.7545.5476.5493468.8446.3420.9444.4
Reconciled Depr. Ann.
-25.5%
-16.5%
320292.3269.5716.3707.6700.2722697.1672.1643.1638.2660
Profit From Continuing Operations Ann.
31.9%
112.9%
992.21,054.5748.7497.4459.8237.624.1147.347.5103.776.2-175.7
Normalized EBITDA Ann.
9.3%
13.6%
2,194.62,222.61,609.41,892.11,703.71,452.91,173.11,3261,155.21,137.61,153924.7
*All financials are in USD Million and price data in USD
Add metric to table
Search...
Total Rev. Ann.
1Y CHG
5.1%
2Y CAGR
1.9%
3Y CAGR
2.2%
5Y CAGR
6.2%
7Y CAGR
6.1%
10Y CAGR
5.6%
Total Revenue Annual growth is stable compared to historical averages.
Net Profit Ann.
1Y CHG
40.6%
2Y CAGR
44.9%
3Y CAGR
31.7%
5Y CAGR
112.9%
7Y CAGR
55.7%
Net Profit Annual growth is stable compared to historical averages.
Operating Exp. Ann.
1Y CHG
7.9%
2Y CAGR
-23.9%
3Y CAGR
-16.2%
5Y CAGR
-9.1%
7Y CAGR
-5%
10Y CAGR
-3%
Operating Expenses Annual Cr growth is higher than historical averages.

SBA Communications (Class A) balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

Nested row level
Base Level
Reporting Type
Originally Reported
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
  • POSITIVE

    Total Shareholders Fund SBA Communications (Class A) Dec-2025 Total Shareholders Fund is $-4,854 Million which is growth of 5.0% YoY.

  • POSITIVE

    Total Assets SBA Communications (Class A) Dec-2025 Total Assets is $11,575 Million which is growth of 1.4% YoY.

SBA Communications Corp - Ordinary Shares - Class A, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
⌄
3%
4.8%
11,57511,417.310,178.410,5859,801.79,1589,759.97,213.77,320.27,360.97,403.2
⌄
1.1%
3.2%
16,350.316,473.115,314.315,829.615,067.913,967.213,410.910,590.59,919.39,356.99,109.4
⌄
-
-
-4,853.5-5,109.9-5,170.9-5,276.3-5,283.4-4,824.4-3,667-3,376.8-2,599.1-1,995.9-1,706.1
Total Capitalization Ann.
-6.9%
-0.4%
6,1117,293.96,510.37,567.96,995.36,247.46,145.35,6206,691.66,152.56,816.2
Tangible Assets Ann.
-
-
-7,735.6-7,498.6-7,626.5-8,052.8-8,086.7-7,980.5-7,293.8-6,708.3-6,197.2-5,652.8-5,441.6
Working Capital Ann.
-
-
-1,904.9180.8-879-214-1.9-141.8-714-832.4-19.4-548.920.6
Invested Capital Ann.
2%
5.1%
8,046.88,481.87,153.47,591.97,019.36,271.46,667.46,561.76,711.66,779.76,836.2
Tangible Book Value Ann.
-
-
-7,735.6-7,498.7-7,626.5-8,052.8-8,086.7-7,980.5-7,293.8-6,708.3-6,197.2-5,652.9-5,441.6
Borrowings Ann.
0.3%
2.7%
15,319.115,756.214,463.515,171.214,522.513,426.212,860.89,938.69,310.78,775.68,542.3
Net Debt Ann.
-0.2%
3.2%
12,635.713,401.912,115.812,724.511,935.410,787.210,226.19,795.19,241.98,629.58,424.3
Share Issued Ann.
-0.7%
-0.8%
105.7107.6108.1108109109.8111.8112.4116.5121125.7
Number Of Shares End
-0.5%
-0.8%
106.3107.5108108108.9110.7112.3113.5117.2122.7126
*All financials are in USD Million and price data in USD
Add metric to table
Search...
Total Assets Ann.
1Y CHG
1.4%
2Y CAGR
6.6%
3Y CAGR
3%
5Y CAGR
4.8%
7Y CAGR
7%
10Y CAGR
4.6%
Total Assets Annual growth is lower than historical averages.
Total Current Liabilities Ann.
1Y CHG
49%
2Y CAGR
40.2%
3Y CAGR
56.6%
5Y CAGR
34.2%
7Y CAGR
12.1%
10Y CAGR
25.6%
Total Current Liabilities Annual Cr growth is stable compared to historical averages.

SBA Communications (Class A) ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

Nested row level
Base Level
Reporting Type
Originally Reported
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
  • POSITIVE

    Book Value Per Share SBA Communications (Class A) Book Value Per Share is $-46 which is growth of 3.3% YoY.

  • NEUTRAL

    ROE SBA Communications (Class A) ROE is 0% which is growth of 0% YoY.

SBA Communications Corp - Ordinary Shares - Class A, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-6.94%4.83%4.53%2.51%0.25%1.73%0.65%1.41%1.03%-2.30%
ROE Ann. %
-
-
-----------
ROIC %
-
-
-----------
OPM Ann. %
13.5%
10.7%
55.21%58.58%41.11%37.80%36.52%33.14%31.36%31.21%29.38%26.37%25.58%
Inventory Turnover Ratio Ann.
-
-
-----------
Asset Turnover Ann. %
-
-
-0.30.30.30.20.20.20.30.20.20.2
Working Capital Turnover Ann.
-
-
-1.514.8-3.1-12.3-1,224.9-14.7-2.8-2.2-89.2-379.6
Quick Ratio Ann.
-
-
-0.40.30.60.80.70.30.20.60.30.8
Current Ratio Ann.
-
-
-1.10.40.710.80.30.30.90.41.1
Interest Coverage Ratio Ann.
-
-
-2.82.32.31.611.51.11.41.30.5
LT Debt To Equity Ann.
-
-
-----------
*All financials are in USD Million and price data in USD
Add metric to table
Search...

SBA Communications (Class A) cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

Nested row level
Base Level
Reporting Type
Originally Reported
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
  • NEGATIVE

    Cash From Operating Activity SBA Communications (Class A) Dec-2025 Cash From Operating Activity is $1,291 Million which is growth of -3.3% YoY.

  • NEGATIVE

    Net Cash Flow SBA Communications (Class A) Dec-2025 Net Cash Flow is $-974 Million which is growth of -183.2% YoY.

SBA Communications Corp - Ordinary Shares - Class A, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
⌄
0.1%
2.8%
1,291.31,334.91,544.41,285.71,189.91,126970850.6818.5742.5737.2
⌄
-
-
-601.8-809.3-468.3-1,393.7-1,423.3-446.4-947.2-618.4-605.1-428.2-734.5
⌄
-
-
-1,663.6645.7-1,017.2-135.5339.3-469-62.3-148.5-294.6-288.688.9
Cash Plus Cash Eqv. End Of Year Ann.
32.2%
5%
4371,400.7251189.3435.6342.8141.1178.3104.3186118
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-974.11,171.358.9-243.4105.9210.7-39.483.7-81.225.791.6
Cash Plus Cash Eqv. Begin Of Year Ann.
47.6%
58.3%
1,400.7251189.3435.6342.8141.1178.3104.3186146.639.4
Income Tax Paid Supplemental Data Ann.
17.8%
21.1%
52.842.425.632.325.620.321.621.614.79.79.4
Interest Paid Supplemental Data Ann.
7.3%
5.8%
467.4395.1396.6378.6360.1351.9386.6376.6319.6338.4322.4
Capex Ann.
-
-
-224.8-228.2-236.7-214.4-133.7-128.6-154.2-149.8-147-140-208.7
Issuance Of Capital Stock Ann.
-
-
-----------
Issuance Of Debt Ann.
-27.4%
-28.5%
6954,702.71901,814.96,344.43,710.41,907.54,128.72,015.92,348.61,749
Repayment Of Debt Ann.
-
-
-1,408-3,462.5-730-1,245-5,170.9-2,988.1-1,534-3,537-1,505-2,099.9-1,085
Repurchase Of Capital Stock Ann.
-
-
-497.8-200-100-431.7-582.6-859.3-467-795.6-854.5-545.7-450.1
Free Cash Flow Ann.
-0.1%
1.3%
1,066.51,106.71,307.71,071.31,056.2997.5815.8700.8671.4602.5528.5
*All financials are in USD Million and price data in USD
Add metric to table
Search...
Cash from Operating Act. Ann.
1Y CHG
-3.3%
2Y CAGR
-8.6%
3Y CAGR
0.1%
5Y CAGR
2.8%
7Y CAGR
6.1%
10Y CAGR
5.8%
Cash from Operating Activity Annual is falling faster than historical averages.
×