SBA COMMUNICATIONS CORP Financial Summary

Quick Answer

SBA COMMUNICATIONS CORP reported Total Revenue of $2.82 billion for fiscal year 2025.

SBA COMMUNICATIONS CORP — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $2.82B
+5.1%
$2.68B
-1.2%
$2.71B
+3.0%
$2.63B
+14.1%
$2.31B
+10.8%
$2.08B
+3.4%
Revenue (ASC 606) $244.50M
+59.9%
$152.87M
-21.5%
$194.65M
-34.4%
$296.88M
+45.0%
$204.75M
+59.1%
$128.67M
-16.3%
Net Income $1.05B
+40.6%
$749.54M
+49.4%
$501.81M
+8.8%
$461.43M
+94.2%
$237.62M
+885.8%
$24.10M
-83.6%
Diluted EPS $9.80
+41.2%
$6.94
+50.5%
$4.61
+9.2%
$4.22
+97.2%
$2.14
+919.0%
$0.21
-83.6%
Total Assets $11.58B
+1.4%
$11.42B
+12.2%
$10.18B
-3.8%
$10.59B
+8.0%
$9.80B
+7.0%
$9.16B
-6.2%
Cash and Equivalents $264.57M
+39.4%
$189.84M
-9.0%
$208.55M
+45.1%
$143.71M
-60.9%
$367.28M
+19.0%
$308.56M
+184.9%
Long-Term Debt $10.96B
-11.6%
$12.40B
+6.2%
$11.68B
-9.1%
$12.84B
+4.6%
$12.28B
+10.9%
$11.07B
+12.8%
Stockholders Equity -$4.85B
+5.0%
-$5.11B
+1.2%
-$5.17B
+2.0%
-$5.28B
+0.1%
-$5.28B
-9.5%
-$4.82B
-31.6%
Operating Income $1.34B
-6.5%
$1.44B
+55.4%
$923.66M
-0.2%
$925.41M
+18.3%
$782.50M
+23.5%
$633.69M
+8.6%
Shares Outstanding 105.67M
-1.8%
107.56M
-0.5%
108.05M
+0.0%
108.00M
-0.9%
108.96M
-0.8%
109.82M
-1.7%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $732.33M +9.7% +4.8%
Revenue (ASC 606) September 30, 2025 $75.90M +81.2% +13.0%
Net Income September 30, 2025 $236.82M -8.4% +4.9%
Diluted EPS September 30, 2025 $2.20 -8.3% +5.3%
Total Assets September 30, 2025 $11.26B +10.4% +4.6%
Cash and Equivalents September 30, 2025 $430.31M +130.9% +56.3%
Long-Term Debt September 30, 2025 $11.93B -3.0% +1.6%
Stockholders Equity September 30, 2025 -$4.93B +4.7% +0.1%
Operating Income September 30, 2025 $374.17M -0.4% +11.8%
Shares Outstanding September 30, 2025 106.77M -0.7% -0.7%
  • SBA COMMUNICATIONS CORP reported Total Revenue of $2.82 billion for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +5.1% in Total Revenue compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Revenue (ASC 606) of $244.50 million for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +59.9% in Revenue (ASC 606) compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Net Income of $1.05 billion for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +40.6% in Net Income compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Diluted EPS of $9.80 per share for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +41.2% in Diluted EPS compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Total Assets of $11.58 billion for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +1.4% in Total Assets compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Cash and Equivalents of $264.57 million for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +39.4% in Cash and Equivalents compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Long-Term Debt of $10.96 billion for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed a decrease of -11.6% in Long-Term Debt compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Stockholders Equity of -$4.85 billion for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed an increase of +5.0% in Stockholders Equity compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Operating Income of $1.34 billion for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed a decrease of -6.5% in Operating Income compared to the prior fiscal year.
  • SBA COMMUNICATIONS CORP reported Shares Outstanding of 105.67 million shares for fiscal year 2025.
  • SBA COMMUNICATIONS CORP showed a decrease of -1.8% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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