SBA Communications Corporation (SBAC)

Nasdaq: SBAC · Real Estate Investment Trusts · Boca Raton, FL · filing with the SEC since 1998

Grade6.2

◀ Past 6.8● Present 5.9▶ Future 6.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 26, 2025	Feb 28, 2024	Mar 1, 2023	Mar 1, 2022	Feb 25, 2021	Feb 24, 2020	Feb 28, 2019	Mar 1, 2018	Mar 1, 2017
Revenue	2,815,139	2,679,634	2,711,584	2,633,454	2,308,834	2,083,138	2,014,645	1,865,695	1,727,674	1,633,125
Cost of revenue	690,972	581,727	612,622	668,650	545,484	476,528	493,031	468,795	446,312	420,897
Gross profit	2,124,167	2,097,907	2,098,962	1,964,804	1,763,350	1,606,610	1,521,614	1,396,900	1,281,362	1,212,228
Selling, general and administrative	277,611	258,756	267,936	261,853	220,029	194,267	192,717	142,526	130,697	143,349
Total costs and expenses	1,472,353	1,243,871	1,787,925	1,708,046	1,526,339	1,449,444	1,431,157	1,321,529	1,269,173	1,245,817
Operating income	1,342,786	1,435,763	923,659	925,408	782,495	633,694	583,488	544,166	458,501	387,308
Interest and investment income	31,676	41,962	18,305	10,133	3,448	2,981	5,500	6,731	11,337	10,928
Other income (expense), net	366,209	-250,415	63,053	10,467	-74,284	-222,159	14,053	-85,624	-2,418	94,278
Total non-operating income (expense)	-100,748	-663,097	-375,156	-399,565	-529,931	-651,443	-396,599	-492,482	-341,610	-300,005
Income before income taxes	1,242,038	772,666	548,503	525,843	252,564	-17,749	186,889	51,684	116,891	87,303
Income tax expense	187,582	23,989	51,088	66,044	14,940	-41,796	39,605	4,233	13,237	11,065
Net income including non-controlling interests	1,054,456	748,677	497,415	459,799	237,624	24,047	147,284	47,451	103,654	·
Net income to non-controlling interests	824	-859	-4,397	-1,630	·	-57	293	·	·	·
Net income	1,053,632	749,536	501,812	461,429	237,624	24,104	146,991	47,451	103,654	76,238
Earnings per share, basic	9.83	6.96	4.64	4.27	2.17	0.22	1.30	0.41	0.86	0.61
Earnings per share, diluted	9.80	6.94	4.61	4.22	2.14	0.21	1.28	0.41	0.86	0.61
Weighted average shares, basic	107,207	107,644	108,204	107,957	109,328	111,532	112,809	114,909	119,860	124,448
Weighted average shares, diluted	107,533	108,080	108,907	109,386	111,177	113,465	114,693	116,515	121,022	125,144

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton SBAC · research, not advice