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SBAC · NASDAQ · REIT - Specialty

SBA Communications (SBAC)

Leases multi-tenant tower space and builds sites for wireless carriers.

$176.06

vs last close−0.22 (−0.12%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	683	675	658	660	668	694	664	699	732	720	703	715
Cost of revenue	155	149	145	148	156	159	161	178	190	499	171	176
Gross profit	527	526	512	513	512	535	503	521	543	220	532	539
	279	316	189	158	136	153	168	186	168	−88	189	106
	65	68	68	62	59	69	66	71	66	74	71	78
General & administrative	0	0	0	0	0	0	0	0	0	0	71	0
Other expenses	214	248	121	96	77	84	102	115	102	−162	119	28
Operating income	249	210	323	354	376	382	335	335	374	308	343	433
	−155	−71	−152	−207	−77	−226	−75	−74	−85	124	−107	−200
Interest income	5	6	7	7	7	21	11	8	6	7	5	6
Interest expense	0	0	0	0	0	0	0	0	120	124	135	128
Other non-operating income	−29	−73	−39	−26	−10	−15	−33	−44	−35	−248	−28	73
Income before tax	93	138	171	147	298	156	260	261	289	432	236	232
Income tax expense	8	29	17	−12	42	−23	42	35	49	62	51	−36
Net income from continuing operations	85	110	155	159	256	179	218	226	240	370	185	268
Other adjustments	0	0	37	0	0	0	0	0	0	0	0	−67
Net income	87	110	155	163	259	174	221	226	237	370	185	199
EPS, basic	$0.81	$1.01	$1.42	$1.51	$2.41	$1.61	$2.04	$2.09	$2.21	$3.48	$1.75	$1.87
EPS, diluted	$0.80	$1.01	$1.42	$1.51	$2.40	$1.61	$2.04	$2.09	$2.21	$3.47	$1.74	$1.87
Weighted average shares, basic	109	109	109	108	108	108	108	108	108	106	106	106
Weighted average shares, diluted	109	109	109	108	108	108	108	108	108	107	106	106
EBITDA	459	454	439	445	449	463	433	449	486	718	452	442
Depreciation & amortization	181	171	77	64	64	65	65	70	77	162	81	81
EBIT	278	282	362	380	385	397	368	379	409	556	371	360