SBA Communications Corp (SBAC) Financial Statements

Historical financial data — 41 statements covering FY2016–FY2025

SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equ...

SBA Communications Corp's revenue increased 5.1% year over year, from $2.68B to $2.82B.

Net income increased 40.6% over the same period, from $749.5M to $1.05B.

Over the 9-year period from FY2016 to FY2025, revenue grew by 72% in total.

Total debt decreased by 11.6% to $10.96B.

Operating cash flow declined 3.3% to $1.29B.

SBA Communications Corp maintains a strong net profit margin of 37.4%.

Recent Financial Statements

PeriodRevenueNet IncomeGross ProfitEBITOp. Cash FlowTotal AssetsTotal DebtEquity
Q3 FY2023$2.04B+50.4%$392.3M$1.92B$714.0M$1.11B$10.33B$12.49B$-5.17B
Q1 FY2024$657.9M-67.7%$154.5M$634.7M$323.4M$294.5M$10.00B$10.55B$-5.22B
Q2 FY2024$1.32B+100.4%$317.4M$1.27B$677.8M$720.0M$9.79B$10.47B$-5.32B
Q3 FY2024$1.99B+50.6%$575.9M$1.90B$1.05B$1.02B$10.20B$12.30B$-5.17B
Q1 FY2025$664.2M-66.6%$220.7M$626.1M$334.9M$301.2M$10.44B$11.65B$-4.97B
Q2 FY2025$1.36B+105.2%$446.5M$1.27B$669.7M$669.3M$10.77B$11.74B$-4.94B
Q3 FY2025$2.10B+53.7%$683.3M$1.94B$1.04B$987.3M$11.26B$11.93B$-4.93B
Q1 FY2026$703.4M-66.4%$184.8M$664.0M$342.8M$255.1M$11.72B$10.28B$-4.75B

Balance Sheet Summary (Latest Period)

Total Assets
$11.58B
Total Liabilities
$16.43B
Total Equity
$-4.85B
Cash & Equivalents
$264.6M
Total Debt
$10.96B
Current Assets
$773.4M
Current Liabilities
$2.68B
Retained Earnings
$-7.25B
Current Price: $189.66
Market Cap: $20.1B
Sector: Real Estate