SBAC
SBA Communications Corporation
Stock
$158.49+0.47 (+0.30%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $2.7B | $2.7B | $2.6B | $2.3B | $2.1B | $2.0B | $1.9B | $1.7B | $1.6B | $1.6B | $1.5B | $1.3B | $954M | $698M | $627M | $556M | $475M |
| Cost of revenue | $713M | $691M | $582M | $613M | $669M | $545M | $477M | $493M | $469M | $446M | $421M | $444M | $428M | $408M | $280M | $203M | $189K | $192K | $72M |
| Gross profit | $2.2B | $2.1B | $2.1B | $2.1B | $2.0B | $1.8B | $1.6B | $1.5B | $1.4B | $1.3B | $1.2B | $1.2B | $1.1B | $897M | $675M | $495M | $626M | $555M | $403M |
| SG&A | $288M | $278M | $259M | $268M | $262M | $220M | $194M | $193M | $143M | $131M | $143M | $115M | $103M | $85M | $72M | $63M | $58M | $53M | $49M |
| Other operating expenses | $502M | $504M | $403M | $907M | $778M | $761M | $779M | $745M | $710M | $692M | $682M | $767M | $659M | $581M | $455M | $322M | $494M | $448M | $309M |
| Operating income | $1.4B | $1.3B | $1.4B | $924M | $925M | $782M | $634M | $583M | $544M | $459M | $387M | $312M | $337M | $230M | $147M | $111M | $74M | $55M | $46M |
| Non-operating income | −$178M | −$101M | −$663M | −$375M | −$400M | −$530M | −$651M | −$397M | −$492M | −$342M | −$300M | −$479M | −$352M | −$287M | −$324M | −$235M | −$268M | −$196M | −$112M |
| Pretax income | $1.2B | $1.2B | $773M | $549M | $526M | $253M | −$18M | $187M | $52M | $117M | $87M | −$167M | −$16M | −$57M | −$177M | −$125M | −$193M | −$141M | −$66M |
| Taxes | $199M | $188M | $23M | $47M | $64M | $15M | −$42M | $40M | $4.2M | $13M | $11M | $9.1M | $8.6M | −$1.3M | $3.9M | $1.7M | $1.3M | $244K | $1.0M |
| Net income | $991M | $1.1B | $750M | $502M | $461M | $238M | $24M | $147M | $47M | $104M | $76M | −$176M | −$24M | −$56M | −$181M | −$126M | −$195M | −$141M | −$67M |
| Diluted EPS | $9.28 | $9.80 | $6.94 | $4.61 | $4.22 | $2.14 | $0.21 | $1.28 | $0.41 | $0.86 | $0.61 | −$1.37 | −$0.19 | −$0.44 | −$1.51 | −$1.14 | −$1.68 | −$1.20 | — |
| Diluted shares | — | 107.5M | 108.1M | 108.9M | 109.4M | 111.2M | 113.5M | 114.7M | 116.5M | 121.0M | 125.1M | 127.8M | 128.9M | 127.8M | 120.3M | 111.6M | — | — | — |
| Revenue growth | — | +5.1% | −1.2% | +3.0% | +14.1% | +10.8% | +3.4% | +8.0% | +8.0% | +5.8% | −0.3% | +7.3% | +17.0% | +36.8% | +36.7% | +11.4% | +12.8% | +17.0% | — |
| Gross margin | 75.2% | 75.5% | 78.3% | 77.4% | 74.6% | 76.4% | 77.1% | 75.5% | 74.9% | 74.2% | 74.2% | 72.9% | 71.9% | 68.7% | 70.7% | 70.9% | 100.0% | 100.0% | 84.8% |
| Operating margin | 47.6% | 47.7% | 53.6% | 34.1% | 35.1% | 33.9% | 30.4% | 29.0% | 29.2% | 26.5% | 23.7% | 19.1% | 22.0% | 17.6% | 15.4% | 15.8% | 11.9% | 9.9% | 9.6% |
| Net margin | 34.5% | 37.4% | 28.0% | 18.5% | 17.5% | 10.3% | 1.2% | 7.3% | 2.5% | 6.0% | 4.7% | −10.7% | −1.6% | −4.3% | −19.0% | −18.1% | −31.1% | −25.4% | −14.1% |