Sba Communications (SBAC) reported $2.8B in revenue for fiscal 2025, +5.1% year on year. That ranks #1145 by revenue among 2853 SEC filers and #35 in Real estate. Net income was $1.1B, a net margin of 37.4%. Revenue has grown 10.5% a year on average since 2011 ($698M then). The fiscal 2025 balance sheet shows $11.6B in total assets, $265M in cash and $11.0B in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenues | $2.8B | +5.1% | FY20252025-12-31 |
| Gross profitGrossProfit | $2.1B | +1.3% | FY20252025-12-31 |
| Operating incomeOperatingIncomeLoss | $1.3B | −6.5% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $1.1B | +40.6% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $1.3B | −3.3% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $225M | −1.5% | FY20252025-12-31 |
| Total assetsAssets | $11.6B | +1.4% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | −$4.9B | +$256M | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $265M | +39.4% | FY20252025-12-31 |
| Long-term debtLongTermDebtNoncurrent | $11.0B | −11.6% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $703M | $185M | Open → |
| Q2 20262026-06-30 | $715M | $199M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 7 of 74 companies compared | 37.4% | |
| Operating marginRank 12 of 67 companies compared | 47.7% | |
| Cash as share of revenueRank 37 of 74 companies compared | 9.4% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Sba Communications Corp
- Ticker
- SBAC
- Exchange
- Nasdaq
- SIC classification
- Real Estate Investment Trusts (6798)
- Fiscal year end
- 12-31
- CIK
- 0001034054
Filings
- 10-QAug 6, 2026Open filing →
- 10-QMay 5, 2026Open filing →
- 10-KFeb 27, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Newmark GroupNMRK | $3.3B | $126M |
| Alexandria Real Estate EquitiesARE | $3.0B | −$1.4B |
| Healthpeak PropertiesDOC | $2.8B | $71.3M |
| Sba CommunicationsSBAC | $2.8B | $1.1B |
| Invitation HomesINVH | $2.7B | $588M |
| Americold Realty TrustCOLD | $2.6B | −$115M |
| Ryman Hospitality PropertiesRHP | $2.6B | $243M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Sba Communications — Key figures |url=https://companiesranked.com/en/company/sba-communications |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Sba Communications — Key figures. CompaniesRanked. https://companiesranked.com/en/company/sba-communicationsBibTeX
@misc{companiesranked-en-company-sba-communications-2026,
author = {{CompaniesRanked}},
title = {{Sba Communications — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/sba-communications}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001034054-26-000002 · February 27, 2026
{{cite web |title=Sba Communications — Key figures — 10-K (0001034054-26-000002) |url=https://www.sec.gov/Archives/edgar/data/1034054/000103405426000002/sbac-20251231x10k.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-27}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.