SBA Communications revenue and financials
$168.65Change from previous close: −0.62%Absolute change: −$1.05
In the fiscal year ended December 2025, SBA Communications reported revenue of $2.82B (+5.06% year over year). Net income was $1.05B, a net margin of 37.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.06%
- 2025 vs 2024
- Net income growth
- +40.57%
- 2025 vs 2024
- Net margin
- 37.4%
- 2024: 28.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 11,742 | 11,721 | 11,575 | 11,260 | 10,766 | 10,443 | 11,417 | 10,202 | 9,786 | 9,995 | 10,178 | 10,334 |
| Current assets | 745 | 767 | 773 | 813 | 524 | — | — | — | — | — | — | — |
| Cash and equivalents | 327 | 269 | 265 | 430 | 275 | 636 | 190 | 186 | 221 | 240 | 209 | 191 |
| Short-term investments | 28.9 | 112 | 6.6 | 0.8 | 1.6 | — | — | — | — | — | — | — |
| Receivables | 268 | 250 | 264 | 219 | 190 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 7,477 | 7,427 | 7,267 | 7,081 | 7,021 | 6,488 | 6,393 | 6,486 | 6,226 | 6,337 | 6,426 | 6,505 |
| Other intangible assets | 2,868 | 2,880 | 2,882 | 2,725 | 2,580 | 2,403 | 2,389 | 2,492 | 2,314 | 2,404 | 2,456 | 2,524 |
| Long-term investments | 22.8 | 21.7 | 21.1 | 13.5 | 16.0 | — | — | — | — | — | — | — |
| Current liabilities | 4,337 | 3,346 | 2,678 | 1,611 | 1,430 | — | — | — | — | — | — | — |
| Accounts payable | 70.1 | 63.5 | 73.0 | 220 | 60.8 | — | — | — | — | — | — | — |
| Long-term debt | 9,151 | 10,276 | 10,964 | 11,933 | 11,739 | — | — | — | — | — | — | — |
| Total debt | 15,209 | 15,416 | 15,319 | 15,017 | 14,806 | — | — | — | — | — | — | — |
| Total liabilities | 16,287 | 16,387 | 16,350 | 16,118 | 15,640 | — | — | — | — | — | — | — |
| Total equity (incl. minority) | -4,545 | -4,666 | -4,775 | -4,857 | -4,874 | -4,908 | -5,056 | -5,126 | -5,276 | -5,186 | -5,136 | -5,131 |
| Retained earnings | -7,136 | -7,201 | -7,250 | -7,285 | -7,251 | -7,226 | -7,326 | -7,394 | -7,546 | -7,509 | -7,451 | -7,422 |
| Minority interest | 85.2 | 85.7 | 78.3 | 76.6 | 65.2 | 62.6 | 54.1 | 49.1 | 40.8 | 36.6 | 35.0 | 35.0 |