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SBA Communications Corporation SBAC
$ 192.72 0.55%

Quarterly report 2025-Q3
added 11-06-2025

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SBA Communications Corporation Income Statement 2011-2025 | SBAC

Annual Income Statement SBA Communications Corporation

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

23.1 B 22.3 B 22.3 B 33.2 B 29.7 B 28.6 B 20.5 B 20.3 B 13 B 12.7 B 15 B 11.8 B 8.43 B 5.1 B

Shares

108 M 108 M 108 M 109 M 111 M 113 M 115 M 120 M 124 M 128 M 129 M 128 M 120 M 112 M

Historical Prices

215 206 206 303 254 262 178 155 114 93.6 123 93.9 70.2 46.3

Net Income

174 M 110 M 461 M 238 M 24.1 M 147 M 47.5 M 104 M 76.2 M -176 M -24.3 M -55.9 M -181 M -126 M

Revenue

694 M 675 M 2.63 B 2.31 B 2.08 B 2.01 B 1.87 B 1.73 B 1.63 B 1.64 B 1.53 B 1.3 B 954 M 698 M

Cost of Revenue

582 M 613 M 669 M 545 M 477 M 493 M 469 M 446 M 421 M 444 M 428 M 408 M 187 K 187 K

Gross Profit

2.1 B 2.1 B 1.96 B 1.76 B 1.61 B 1.52 B 1.4 B 1.28 B 1.21 B 1.19 B 1.1 B 897 M 675 M 495 M

Operating Income

382 M 210 M 925 M 782 M 634 M 583 M 544 M 459 M 387 M 312 M 337 M 230 M 147 M 111 M

Interest Expense

-250 M 63.1 M 10.5 M -74.3 M -222 M 14.1 M -85.6 M -2.42 M 94.3 M -139 M 10.6 M 31.1 M 196 M 161 M

EBITDA

447 M 381 M 1.63 B 1.48 B 1.41 B 1.33 B 1.25 B 1.15 B 1.07 B 1.08 B 995 M 811 M 602 M 432 M

Operating Expenses

- - - - 917 M 890 M 815 M 774 M 782 M 775 M 730 M 619 M 481 M 372 M

General and Administrative Expenses

259 M 268 M 262 M 220 M 194 M 193 M 143 M 131 M 143 M 115 M 103 M 85.5 M 72.1 M 62.8 M

All numbers in USD currency

Quarterly Income Statement SBA Communications Corporation

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

107 M 108 M 108 M 108 M 107 M 107 M 108 M 108 M 108 M 108 M 108 M 108 M 108 M 108 M 108 M 109 M 110 M 109 M 109 M 110 M 112 M 112 M 112 M 112 M 113 M 113 M 113 M 112 M 115 M 115 M 116 M 116 M 120 M 121 M 121 M - 125 M 125 M 125 M - 127 M 129 M 129 M - 129 M 129 M 129 M - 128 M 128 M 127 M 127 M 122 M 121 M 127 M 110 M 110 M 110 M 110 M

Net Income

237 M 226 M 221 M - 259 M 163 M 155 M - 87.4 M 204 M 101 M - 100 M 69.5 M 189 M 48.9 M 47.8 M 153 M -11.7 M 106 M 22.6 M 22.8 M -127 M 67.4 M 21.7 M 32 M 26 M 57.2 M 16.1 M -57.4 M 31.5 M 7.66 M 49.2 M 9.23 M 37.6 M 5.26 M -15.4 M 32.7 M 53.6 M 31 M -156 M 28.3 M -79 M 388 K -16.6 M -9.47 M 1.41 M -19.2 M 21.5 M -35.9 M -22.4 M -52.5 M -52.4 M -53.5 M -22.6 M -29.1 M -33.3 M -29.8 M -34.3 M

Revenue

732 M 699 M 664 M - 668 M 660 M 658 M - 683 M 678 M 676 M - 676 M 652 M 620 M 595 M 589 M 576 M 549 M 536 M 523 M 507 M 517 M 514 M 508 M 500 M 493 M 484 M 467 M 456 M 458 M 443 M 434 M 427 M 423 M 417 M 411 M 406 M 400 M 407 M 411 M 411 M 410 M 405 M 393 M 383 M 346 M 335 M 332 M 324 M 313 M 294 M 239 M 229 M 192 M 184 M 176 M 171 M 168 M

Cost of Revenue

190 M 172 M 154 M - 150 M 141 M 138 M - 150 M 154 M 164 M - 178 M 166 M 153 M - 140 M 136 M 130 M - 122 M 112 M 116 M - 124 M 124 M 124 M - 117 M 114 M 115 M - 111 M 109 M 111 M - 105 M 107 M 103 M - 112 M 112 M 111 M - 112 M 107 M 97.2 M - 103 M 104 M 101 M - 71.7 M 66.2 M 52.2 M - 51.8 M 50.1 M 50.7 M

Gross Profit

543 M 527 M 511 M - 517 M 519 M 520 M - 533 M 524 M 511 M - 498 M 486 M 467 M - 449 M 440 M 419 M - 401 M 396 M 402 M - 384 M 376 M 369 M - 350 M 342 M 343 M - 322 M 318 M 312 M - 306 M 299 M 297 M - 299 M 299 M 299 M - 281 M 276 M 248 M - 229 M - - - - - - - - - -

Operating Income

374 M 335 M 335 M - 376 M 354 M 323 M - 249 M 241 M 224 M - 243 M 231 M 217 M 197 M 212 M 200 M 174 M 165 M 160 M 157 M 151 M 154 M 154 M 136 M 139 M 150 M 138 M 126 M 130 M 119 M 117 M 115 M 108 M 107 M 108 M 74.1 M 97.6 M 82.1 M 43.1 M 98.2 M 89.1 M 96.6 M 89.5 M 83.3 M 67.1 M 59.4 M 63.9 M 49.5 M 56.8 M 31 M 41.1 M 34.7 M 40.3 M 32 M 27.6 M 27.2 M 23.9 M

Interest Expense

35.6 M 44.1 M 32.2 M - 23.7 M -105 M -44.7 M - -48.3 M 40.7 M 37.6 M - -39.8 M -66.1 M 108 M - -69.8 M 109 M -88.4 M - -42.3 M -31.6 M -226 M - -33.6 M 12.8 M -508 K - -24.5 M -90.2 M 4.55 M - 20.1 M -18.8 M 14.9 M - -1.14 M 47.4 M 45.9 M - -111 M 15.5 M -83 M - 611 K 1.38 M 18.4 M - 34.2 M 547 K 59.5 M - 50.6 M 43.9 M 42.2 M - 42.3 M 38.5 M 37.8 M

EBITDA

451 M 405 M 400 M - 439 M 419 M 400 M - 429 M 423 M 407 M - 417 M 407 M 391 M 367 M 383 M 375 M 357 M 345 M 341 M 336 M 334 M 333 M 329 M 308 M 310 M 320 M 306 M 295 M 295 M 282 M 279 M 274 M 267 M 266 M 268 M 234 M 257 M 244 M 207 M 261 M 261 M 259 M 249 M 244 M 212 M 193 M 197 M 191 M 182 M 162 M 142 M 129 M 122 M -47.5 M -50.6 M -49.5 M -51 M

General and Administrative Expenses

66 M 71 M 66.2 M - 60.1 M 62.4 M 68.7 M - 64.8 M 63.4 M 72.2 M - 65.8 M 63.3 M 62.1 M - 51 M 53.9 M 51.6 M - 48.2 M 49.1 M 49.6 M - 42.3 M 55.5 M 51 M - 34.9 M 35.9 M 36 M - 32.6 M 33.4 M 34.2 M - 32.3 M 47.7 M 30.4 M - 27.9 M 28.3 M 29.9 M - 26.6 M 25.4 M 24.7 M - 21.8 M 21.5 M 20.4 M - 17.6 M 17.7 M 17.2 M - 15.4 M 15.7 M 15.9 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company SBA Communications Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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