# SBA Communications Corp: financial statements, quarterly

SBAC · Nasdaq · CIK 1034054 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sbac.md) · [Financials](/companies/sbac/financials.md) · [Filings](/companies/sbac/filings.md) · [Insiders](/companies/sbac/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/sbac/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [45.1](/filings/0001034054-24-000012.md) | [675](/filings/0001034054-25-000002.md) | [29.6](/filings/0001034054-25-000004.md) | [34.0](/filings/0001034054-25-000008.md) | [41.9](/filings/0001034054-25-000010.md) | [694](/filings/0001034054-26-000002.md) | [48.0](/filings/0001034054-26-000009.md) | [67.2](/filings/0001034054-26-000011.md) | [75.9](/filings/0001034054-25-000010.md) | [720](/filings/0001034054-26-000002.md) | [47.3](/filings/0001034054-26-000009.md) | [51.4](/filings/0001034054-26-000011.md) |
| Cost of revenue | $m | [150](/filings/0001034054-24-000012.md) | [144 d](/filings/0001034054-26-000002.md) | [138](/filings/0001034054-25-000004.md) | [141](/filings/0001034054-25-000008.md) | [150](/filings/0001034054-25-000010.md) | [152 d](/filings/0001034054-26-000002.md) | [154](/filings/0001034054-26-000009.md) | [172](/filings/0001034054-26-000011.md) | [190](/filings/0001034054-25-000010.md) | [175 d](/filings/0001034054-26-000002.md) | [171](/filings/0001034054-26-000009.md) | [176](/filings/0001034054-26-000011.md) |
| Gross profit | $m | [533](/filings/0001034054-24-000012.md) | [531 d](/filings/0001034054-26-000002.md) | [520](/filings/0001034054-25-000004.md) | [519](/filings/0001034054-25-000008.md) | [517](/filings/0001034054-25-000010.md) | [542 d](/filings/0001034054-26-000002.md) | [511](/filings/0001034054-26-000009.md) | [527](/filings/0001034054-26-000011.md) | [543](/filings/0001034054-25-000010.md) | [544 d](/filings/0001034054-26-000002.md) | [532](/filings/0001034054-26-000009.md) | [539](/filings/0001034054-26-000011.md) |
| Selling, general and administrative | $m | [64.8](/filings/0001034054-24-000012.md) | [67.5 d](/filings/0001034054-26-000002.md) | [68.7](/filings/0001034054-25-000004.md) | [62.4](/filings/0001034054-25-000008.md) | [60.1](/filings/0001034054-25-000010.md) | [67.6 d](/filings/0001034054-26-000002.md) | [66.2](/filings/0001034054-26-000009.md) | [71.0](/filings/0001034054-26-000011.md) | [66.0](/filings/0001034054-25-000010.md) | [74.4 d](/filings/0001034054-26-000002.md) | [70.5](/filings/0001034054-26-000009.md) | [77.5](/filings/0001034054-26-000011.md) |
| Operating income | $m | [249](/filings/0001034054-25-000002.md) | [210](/filings/0001034054-25-000002.md) | [323](/filings/0001034054-26-000002.md) | [354](/filings/0001034054-26-000002.md) | [376](/filings/0001034054-26-000002.md) | [382](/filings/0001034054-26-000002.md) | [335](/filings/0001034054-26-000009.md) | [335](/filings/0001034054-26-000011.md) | [374](/filings/0001034054-26-000002.md) | [299](/filings/0001034054-26-000002.md) | [343](/filings/0001034054-26-000009.md) | [352](/filings/0001034054-26-000011.md) |
| Interest expense | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [7.9](/filings/0001034054-24-000012.md) | [28.9 d](/filings/0001034054-26-000002.md) | [16.9](/filings/0001034054-25-000004.md) | [(12.3)](/filings/0001034054-25-000008.md) | [42.3](/filings/0001034054-25-000010.md) | [(22.9) d](/filings/0001034054-26-000002.md) | [42.0](/filings/0001034054-26-000009.md) | [35.1](/filings/0001034054-26-000011.md) | [48.7](/filings/0001034054-25-000010.md) | [61.9 d](/filings/0001034054-26-000002.md) | [51.1](/filings/0001034054-26-000009.md) | [36.0](/filings/0001034054-26-000011.md) |
| Net income | $m | [87.4](/filings/0001034054-25-000002.md) | [110](/filings/0001034054-25-000002.md) | [155](/filings/0001034054-26-000002.md) | [163](/filings/0001034054-26-000002.md) | [259](/filings/0001034054-26-000002.md) | [174](/filings/0001034054-26-000002.md) | [221](/filings/0001034054-26-000009.md) | [226](/filings/0001034054-26-000011.md) | [237](/filings/0001034054-26-000002.md) | [370](/filings/0001034054-26-000002.md) | [185](/filings/0001034054-26-000009.md) | [199](/filings/0001034054-26-000011.md) |
| Diluted EPS | $ per share | [0.80](/filings/0001034054-25-000002.md) | [1.01](/filings/0001034054-25-000002.md) | [1.42](/filings/0001034054-26-000002.md) | [1.51](/filings/0001034054-26-000002.md) | [2.40](/filings/0001034054-26-000002.md) | [1.61](/filings/0001034054-26-000002.md) | [2.04](/filings/0001034054-26-000009.md) | [2.09](/filings/0001034054-26-000011.md) | [2.20](/filings/0001034054-26-000002.md) | [3.47](/filings/0001034054-26-000002.md) | [1.74](/filings/0001034054-26-000009.md) | [1.87](/filings/0001034054-26-000011.md) |
| Basic EPS | $ per share | [0.81](/filings/0001034054-25-000002.md) | [1.01](/filings/0001034054-25-000002.md) | [1.43](/filings/0001034054-26-000002.md) | [1.52](/filings/0001034054-26-000002.md) | [2.41](/filings/0001034054-26-000002.md) | [1.61](/filings/0001034054-26-000002.md) | [2.05](/filings/0001034054-26-000009.md) | [2.10](/filings/0001034054-26-000011.md) | [2.21](/filings/0001034054-26-000002.md) | [3.48](/filings/0001034054-26-000002.md) | [1.75](/filings/0001034054-26-000009.md) | [1.87](/filings/0001034054-26-000011.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: not reported
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [0.2](/filings/0001034054-23-000008.md) | [0.2](/filings/0001034054-26-000002.md) | [0.2](/filings/0001034054-24-000005.md) | [0.2](/filings/0001034054-24-000009.md) | [0.2](/filings/0001034054-24-000012.md) | [0.2](/filings/0001034054-26-000002.md) | [0.6](/filings/0001034054-25-000004.md) | [0.3](/filings/0001034054-25-000008.md) | [0.4](/filings/0001034054-25-000010.md) | [0.3](/filings/0001034054-26-000011.md) | [0.3](/filings/0001034054-26-000009.md) | [0.3](/filings/0001034054-26-000011.md) |
| Current assets | $bn | [0.5](/filings/0001034054-23-000008.md) | [0.5](/filings/0001034054-25-000002.md) | [0.4](/filings/0001034054-24-000005.md) | [0.5](/filings/0001034054-24-000009.md) | [0.5](/filings/0001034054-24-000012.md) | [2.0](/filings/0001034054-26-000002.md) | [0.9](/filings/0001034054-25-000004.md) | [0.5](/filings/0001034054-25-000008.md) | [0.8](/filings/0001034054-25-000010.md) | [0.8](/filings/0001034054-26-000011.md) | [0.8](/filings/0001034054-26-000009.md) | [0.7](/filings/0001034054-26-000011.md) |
| Total assets | $bn | [10.3](/filings/0001034054-23-000008.md) | [10.2](/filings/0001034054-25-000002.md) | [10.0](/filings/0001034054-24-000005.md) | [9.8](/filings/0001034054-24-000009.md) | [10.2](/filings/0001034054-24-000012.md) | [11.4](/filings/0001034054-26-000002.md) | [10.4](/filings/0001034054-25-000004.md) | [10.8](/filings/0001034054-25-000008.md) | [11.3](/filings/0001034054-25-000010.md) | [11.6](/filings/0001034054-26-000011.md) | [11.7](/filings/0001034054-26-000009.md) | [11.7](/filings/0001034054-26-000011.md) |
| Current liabilities | $bn | [0.7](/filings/0001034054-23-000008.md) | [1.4](/filings/0001034054-25-000002.md) | [2.4](/filings/0001034054-24-000005.md) | [2.5](/filings/0001034054-24-000009.md) | [0.7](/filings/0001034054-24-000012.md) | [1.8](/filings/0001034054-26-000002.md) | [1.3](/filings/0001034054-25-000004.md) | [1.4](/filings/0001034054-25-000008.md) | [1.6](/filings/0001034054-25-000010.md) | [2.7](/filings/0001034054-26-000011.md) | [3.3](/filings/0001034054-26-000009.md) | [4.3](/filings/0001034054-26-000011.md) |
| Long-term debt | $bn | [12.5](/filings/0001034054-23-000008.md) | [11.7](/filings/0001034054-25-000002.md) | [10.6](/filings/0001034054-24-000005.md) | [10.5](/filings/0001034054-24-000009.md) | [12.3](/filings/0001034054-24-000012.md) | [12.4](/filings/0001034054-26-000002.md) | [11.7](/filings/0001034054-25-000004.md) | [11.7](/filings/0001034054-25-000008.md) | [11.9](/filings/0001034054-25-000010.md) | [11.0](/filings/0001034054-26-000011.md) | [10.3](/filings/0001034054-26-000009.md) | [9.2](/filings/0001034054-26-000011.md) |
| Current portion of debt | $bn | [0.0](/filings/0001034054-23-000008.md) | [0.6](/filings/0001034054-25-000002.md) | [1.8](/filings/0001034054-24-000005.md) | [1.8](/filings/0001034054-24-000009.md) | [0.0](/filings/0001034054-24-000012.md) | [1.2](/filings/0001034054-26-000002.md) | [0.8](/filings/0001034054-25-000004.md) | [0.8](/filings/0001034054-25-000008.md) | [0.8](/filings/0001034054-25-000010.md) | [1.9](/filings/0001034054-26-000011.md) | [2.7](/filings/0001034054-26-000009.md) | [3.6](/filings/0001034054-26-000011.md) |
| Shareholders' equity | $bn | [(5.2)](/filings/0001034054-24-000012.md) | [(5.2)](/filings/0001034054-26-000002.md) | [(5.2)](/filings/0001034054-25-000008.md) | [(5.3)](/filings/0001034054-25-000010.md) | [(5.2)](/filings/0001034054-25-000010.md) | [(5.1)](/filings/0001034054-26-000011.md) | [(5.0)](/filings/0001034054-26-000011.md) | [(4.9)](/filings/0001034054-26-000011.md) | [(4.9)](/filings/0001034054-25-000010.md) | [(4.9)](/filings/0001034054-26-000011.md) | [(4.8)](/filings/0001034054-26-000011.md) | [(4.6)](/filings/0001034054-26-000011.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [314 d](/filings/0001034054-24-000012.md) | [433 d](/filings/0001034054-26-000002.md) | [294](/filings/0001034054-25-000004.md) | [426 d](/filings/0001034054-25-000008.md) | [305 d](/filings/0001034054-25-000010.md) | [310 d](/filings/0001034054-26-000002.md) | [301](/filings/0001034054-26-000009.md) | [368 d](/filings/0001034054-26-000011.md) | [318 d](/filings/0001034054-25-000010.md) | [304 d](/filings/0001034054-26-000002.md) | [255](/filings/0001034054-26-000009.md) | [407 d](/filings/0001034054-26-000011.md) |
| Capital expenditure | $m | [115](/filings/0001034054-24-000012.md) | [62.7 d](/filings/0001034054-26-000002.md) | [57.9](/filings/0001034054-25-000004.md) | [91.6](/filings/0001034054-25-000008.md) | [272](/filings/0001034054-25-000010.md) | [55.5 d](/filings/0001034054-26-000002.md) | [46.2](/filings/0001034054-26-000009.md) | [647](/filings/0001034054-25-000008.md) | [74.7](/filings/0001034054-25-000010.md) | [62.7 d](/filings/0001034054-26-000002.md) | [48.4](/filings/0001034054-26-000009.md) | [62.4 d](/filings/0001034054-26-000011.md) |
| Dividends paid | $m | [92.1 d](/filings/0001034054-24-000012.md) | [91.8 d](/filings/0001034054-26-000002.md) | [108](/filings/0001034054-25-000004.md) | [105 d](/filings/0001034054-25-000008.md) | [105 d](/filings/0001034054-25-000010.md) | [105 d](/filings/0001034054-26-000002.md) | [122](/filings/0001034054-26-000009.md) | [119 d](/filings/0001034054-26-000011.md) | [119 d](/filings/0001034054-25-000010.md) | [118 d](/filings/0001034054-26-000002.md) | [135](/filings/0001034054-26-000009.md) | [133 d](/filings/0001034054-26-000011.md) |
| Share repurchases | $m | not reported | [46.4 d](/filings/0001034054-26-000002.md) | [106](/filings/0001034054-25-000004.md) | [93.9 d](/filings/0001034054-25-000008.md) | [0.0 d](/filings/0001034054-25-000010.md) | [0.0 d](/filings/0001034054-26-000002.md) | not reported | not reported | [151 d](/filings/0001034054-25-000010.md) | [216 d](/filings/0001034054-26-000002.md) | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets, us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [109](/filings/0001034054-23-000008.md) | [109](/filings/0001034054-24-000005.md) | [109](/filings/0001034054-24-000009.md) | [109](/filings/0001034054-24-000012.md) | [109](/filings/0001034054-25-000004.md) | [108](/filings/0001034054-25-000008.md) | [108](/filings/0001034054-25-000010.md) | [108](/filings/0001034054-26-000009.md) | [108](/filings/0001034054-26-000011.md) | [108](/filings/0001034054-25-000010.md) | [106](/filings/0001034054-26-000009.md) | [106](/filings/0001034054-26-000011.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 106,088,110 at 2026-07-28, from the cover of the [10-Q filed 2026-08-06](/filings/0001034054-26-000011.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:30 ET. No prices; not investment advice.