SBA COMMUNICATIONS CORP
SBACReal estatesbasite.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 5, 2026
Next reportFebruary 24, 2027after close · forecast 2.061 $/share
Revenue
$713.92M
▼ -2.5% vs prior year YoY
Net income
$231.31M
▼ -2.3% vs prior year YoY
EPS
2.19$
▼ -0.5% vs prior year YoY
Net margin
32.4%
▲ +0.1 pp vs prior year YoY
Revenue▼ -2.5%
Margins (% of revenue)GrossOperatingNet
Net income▼ -2.3%
EPS▼ -0.5%
Financial statements
View 10-Q filed November 5, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $693.70M | $664.25M | $698.98M | $732.33M | $719.58M | $703.44M | $715.27M | $713.92M | ▼ -2.5% |
| Gross profit | $541.57M | $510.58M | $526.88M | $542.54M | $544.16M | $532.10M | $539.27M | $542.40M | ▼ -0.0% |
| Operating income | $382.34M | $334.91M | $334.78M | $374.17M | $298.93M | $342.85M | $351.86M | $367.74M | ▼ -1.7% |
| Net income | $173.63M | $220.73M | $225.79M | $236.82M | $370.29M | $184.83M | $198.78M | $231.31M | ▼ -2.3% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 2.04 $ | 2.09 $ | 2.20 $ | — | 1.74 $ | 1.87 $ | 2.19 $ | ▼ -0.5% |
| Margins (% of revenue) | |||||||||
| Gross | 78.1 % | 76.9 % | 75.4 % | 74.1 % | 75.6 % | 75.6 % | 75.4 % | 76.0 % | ▲ +1.9 pt |
| Operating | 55.1 % | 50.4 % | 47.9 % | 51.1 % | 41.5 % | 48.7 % | 49.2 % | 51.5 % | ▲ +0.4 pt |
| Net | 25.0 % | 33.2 % | 32.3 % | 32.3 % | 51.5 % | 26.3 % | 27.8 % | 32.4 % | ▲ +0.1 pt |
| Balance sheet | |||||||||
| Assets | $11.42B | $10.44B | $10.77B | $11.26B | $11.58B | $11.72B | $11.74B | $11.62B | ▲ +3.2% |
| Liabilities | $16.53B | $15.41B | $15.71B | $16.19B | $16.43B | $16.47B | $16.37B | $16.45B | ▲ +1.6% |
| Equity | −$5.11B | −$4.97B | −$4.94B | −$4.93B | −$4.85B | −$4.75B | −$4.63B | −$4.83B | ▲ +2.0% |
| Cash | $189.84M | $636.45M | $275.27M | $430.31M | $264.57M | $269.06M | $327.05M | $417.53M | ▼ -3.0% |
| Capital | |||||||||
| Shares outstanding | 107.62M | 107.45M | 107.38M | 106.55M | 105.79M | 106.06M | 106.09M | 104.43M | ▼ -2.0% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.