Income Statement - SBA COMMUNICATIONS CORP (SBAC)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,815.14 | 2,679.63 | 2,711.58 | 2,633.45 | 2,308.83 | 2,083.14 | 2,014.65 | 1,865.70 | 1,727.67 | 1,633.13 | 1,638.47 | 1,527.00 | 1,304.87 | 954.08 | 698.17 | 626.62 | 555.51 | 474.95 | 408.20 | 351.10 |
| Cost of revenue | 1,643.87 | 607.67 | 634.29 | 695.46 | 573.11 | 493.11 | 508.26 | 479.76 | 458.68 | 434.04 | 456.26 | 436.28 | 427.45 | 319.94 | 202.92 | 199.44 | 180.54 | 168.17 | 163.35 | 156.59 |
| Gross profit | 1,171.27 | 2,071.96 | 2,077.29 | 1,938.00 | 1,735.73 | 1,590.03 | 1,506.39 | 1,385.94 | 1,269.00 | 1,199.09 | 1,182.21 | 1,090.71 | 877.42 | 634.14 | 495.25 | 427.18 | 374.97 | 306.79 | 244.85 | 194.52 |
| Total operating expenses | -198.84 | 636.20 | 1,153.63 | 1,012.59 | 953.23 | 956.33 | 922.90 | 841.77 | 810.49 | 811.78 | 869.76 | 754.19 | 647.77 | 533.14 | 371.97 | 336.94 | 311.32 | 260.29 | 214.80 | 175.01 |
| Operating income | 1,370.11 | 1,435.76 | 923.66 | 925.41 | 782.50 | 633.69 | 583.49 | 544.17 | 458.50 | 387.31 | 312.46 | 336.52 | 229.65 | 153.53 | 110.66 | 74.27 | 54.95 | 45.58 | 30.05 | 19.51 |
| Non-operating income (net) | -128.07 | -663.10 | -375.16 | -399.57 | -529.93 | -651.44 | -396.60 | -492.48 | -341.61 | -300.01 | -479.05 | -352.18 | -286.86 | -330.62 | -235.44 | -267.69 | -195.58 | -91.31 | -107.06 | -152.44 |
| Income before tax | 1,242.04 | 772.67 | 548.50 | 525.84 | 252.56 | -17.75 | 186.89 | 51.68 | 116.89 | 87.30 | -166.60 | -15.66 | -57.22 | -177.09 | -124.78 | -193.42 | -140.63 | -45.73 | -77.01 | -132.93 |
| Income tax expense | 187.58 | 23.99 | 51.09 | 66.04 | 14.94 | -41.80 | 39.61 | 4.23 | 13.24 | 11.07 | 9.06 | 8.64 | -1.31 | 6.59 | 2.11 | 1.01 | 0.49 | 1.04 | 0.87 | 0.52 |
| Net income | 1,053.63 | 749.54 | 501.81 | 461.43 | 237.62 | 24.10 | 146.99 | 47.45 | 103.65 | 76.24 | -175.66 | -24.30 | -55.91 | -183.33 | -126.46 | -194.67 | -140.87 | -46.76 | -77.88 | -133.45 |
Show Quarterly Income Statement
Income Statement - SBA COMMUNICATIONS CORP (SBAC)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 703.44 | 719.58 | 732.33 | 698.98 | 664.25 | 693.70 | 667.60 | 660.48 | 657.86 | 675.02 | 682.54 | 678.50 | 675.52 | 686.09 | 675.58 | 652.01 | 619.77 | 595.14 | 589.31 | 575.53 | 548.74 | 535.91 | 522.94 | 507.23 | 517.07 | 513.66 | 507.55 | 500.15 | 493.29 | 483.85 | 467.22 | 456.32 | 458.30 | 443.07 | 433.95 | 427.29 | 423.36 | 416.51 | 411.32 | 405.53 | 399.77 | 406.94 | 410.74 | 410.70 | 410.09 | 404.73 | 393.29 | 383.42 | 345.55 | 335.40 | 332.09 | 324.31 | 313.07 | 293.84 | 238.61 | 229.15 | 192.49 | 183.82 | 175.55 | 171.05 | 167.75 | 165.50 | 158.64 | 154.52 | 147.97 | 144.98 | 139.29 | 136.20 | 135.05 | 134.43 | 118.66 | 111.95 | 109.92 | 108.90 | 103.20 | 100.29 | 95.81 | 96.75 | 98.17 | 87.38 | 68.80 |
| Cost of revenue | 171.34 | 499.37 | 189.79 | 177.98 | 161.05 | 158.70 | 155.73 | 147.84 | 145.41 | 149.35 | 155.38 | 159.20 | 170.36 | 180.19 | 184.40 | 172.84 | 158.03 | 149.90 | 145.75 | 142.55 | 134.78 | 132.02 | 125.64 | 116.14 | 119.31 | 126.82 | 128.20 | 126.99 | 126.25 | 124.09 | 119.74 | 117.55 | 118.38 | 120.04 | 113.05 | 111.65 | 113.94 | 110.43 | 108.44 | 109.39 | 105.78 | 113.82 | 112.10 | 117.89 | 112.45 | 109.07 | 111.82 | 109.66 | 105.73 | 108.36 | 106.89 | 105.68 | 106.52 | 107.98 | 77.40 | 66.21 | 52.19 | 50.26 | 51.85 | 50.11 | 50.70 | 51.81 | 50.60 | 49.96 | 47.07 | 46.84 | 45.29 | 43.87 | 44.54 | 46.56 | 42.01 | 39.36 | 40.24 | 42.99 | 43.65 | 39.25 | 37.47 | 39.99 | 42.15 | 40.18 | 34.26 |
| Gross profit | 532.10 | 220.21 | 542.54 | 521.00 | 503.20 | 535.00 | 511.87 | 512.64 | 512.45 | 525.68 | 527.16 | 519.30 | 505.16 | 505.90 | 491.19 | 479.17 | 461.74 | 445.24 | 443.55 | 432.98 | 413.96 | 403.89 | 397.30 | 391.09 | 397.75 | 386.84 | 379.35 | 373.16 | 367.04 | 359.76 | 347.49 | 338.78 | 339.92 | 323.03 | 320.89 | 315.64 | 309.42 | 306.07 | 302.88 | 296.14 | 293.99 | 293.12 | 298.64 | 292.81 | 297.65 | 295.66 | 281.48 | 273.76 | 239.82 | 227.04 | 225.20 | 218.62 | 206.55 | 185.86 | 161.21 | 162.94 | 140.30 | 133.56 | 123.70 | 120.95 | 117.05 | 113.69 | 108.04 | 104.56 | 100.89 | 98.14 | 94.00 | 92.32 | 90.51 | 87.87 | 76.65 | 72.59 | 69.68 | 65.92 | 59.55 | 61.04 | 58.34 | 56.76 | 56.02 | 47.20 | 34.54 |
| Total operating expenses | 189.25 | -87.61 | 168.37 | 186.22 | 168.29 | 152.67 | 136.27 | 158.17 | 189.10 | 315.99 | 278.56 | 278.07 | 281.01 | 271.24 | 248.20 | 248.19 | 244.96 | 247.86 | 231.78 | 233.21 | 240.39 | 238.79 | 236.96 | 234.04 | 246.55 | 232.92 | 225.50 | 236.71 | 227.77 | 209.44 | 209.48 | 212.91 | 209.95 | 203.95 | 203.88 | 201.05 | 201.61 | 198.64 | 194.67 | 222.08 | 196.39 | 210.99 | 255.56 | 194.65 | 208.56 | 199.07 | 191.99 | 190.44 | 172.69 | 167.59 | 161.30 | 174.16 | 149.78 | 156.40 | 142.53 | 111.74 | 99.66 | 95.24 | 93.55 | 92.41 | 90.77 | 87.70 | 84.14 | 83.13 | 81.95 | 80.03 | 78.15 | 77.42 | 75.73 | 75.42 | 65.22 | 61.80 | 57.84 | 56.22 | 54.24 | 53.23 | 51.12 | 50.70 | 49.70 | 44.38 | 39.37 |
| Operating income | 342.85 | 307.82 | 374.17 | 334.78 | 334.91 | 382.34 | 375.60 | 354.47 | 323.36 | 209.69 | 248.60 | 241.23 | 224.14 | 234.66 | 242.99 | 230.98 | 216.78 | 197.38 | 211.78 | 199.76 | 173.58 | 165.10 | 160.34 | 157.05 | 151.20 | 153.92 | 153.85 | 136.45 | 139.27 | 150.32 | 138.01 | 125.87 | 129.97 | 119.08 | 117.01 | 114.59 | 107.82 | 107.43 | 108.21 | 74.07 | 97.60 | 82.13 | 43.08 | 98.16 | 89.09 | 96.59 | 89.48 | 83.32 | 67.14 | 59.44 | 63.90 | 56.03 | 60.49 | 34.88 | 42.63 | 34.74 | 40.29 | 31.98 | 27.57 | 27.21 | 23.90 | 16.70 | 20.67 | 20.02 | 16.89 | 12.06 | 14.95 | 13.60 | 14.35 | 11.53 | 11.43 | 10.79 | 11.84 | 9.70 | 5.31 | 7.81 | 7.23 | 6.05 | 6.32 | 2.82 | -4.83 |
| Non-operating income (net) | -106.83 | 124.45 | -85.09 | -74.03 | -74.99 | -226.47 | -77.39 | -207.36 | -151.89 | -71.26 | -155.38 | -68.44 | -80.08 | -105.84 | -140.34 | -165.39 | 12.00 | -149.03 | -174.81 | 0.16 | -206.25 | -24.57 | -147.10 | -134.10 | -345.67 | -69.57 | -135.08 | -88.87 | -103.08 | -77.29 | -123.84 | -201.51 | -89.84 | -108.35 | -64.47 | -101.97 | -66.82 | -96.89 | -122.01 | -39.35 | -41.76 | -49.16 | -197.10 | -67.63 | -165.15 | -92.27 | -105.13 | -90.74 | -64.04 | -81.36 | -42.16 | -90.05 | -83.50 | -85.62 | -95.27 | -87.12 | -61.61 | -60.82 | -60.62 | -56.42 | -57.58 | -55.08 | -54.52 | -103.90 | -54.19 | -55.66 | -65.12 | -42.80 | -32.00 | -8.50 | -27.43 | -28.99 | -26.39 | -38.45 | -22.30 | -22.78 | -23.53 | -30.37 | -30.46 | 72.62 | -3.98 |
| Income before tax | 236.01 | 432.28 | 289.08 | 260.75 | 259.93 | 155.87 | 298.21 | 147.12 | 171.47 | 138.42 | 93.22 | 172.79 | 144.06 | 128.82 | 102.65 | 65.59 | 228.78 | 48.35 | 36.96 | 199.92 | -32.67 | 140.53 | 13.24 | 22.95 | -194.47 | 84.35 | 18.76 | 47.58 | 36.20 | 73.03 | 14.17 | -75.64 | 40.13 | 10.73 | 52.54 | 12.62 | 41.00 | 10.55 | -13.80 | 34.71 | 55.84 | 32.97 | -154.02 | 30.53 | -76.07 | 4.32 | -15.64 | -7.42 | 3.09 | -21.91 | 21.74 | -34.02 | -23.02 | -50.75 | -52.64 | -52.38 | -21.32 | -28.84 | -33.05 | -29.21 | -33.69 | -38.39 | -33.86 | -83.87 | -37.30 | -43.61 | -50.17 | -29.20 | -17.65 | 3.03 | -16.00 | -18.20 | -14.56 | -28.75 | -16.99 | -14.97 | -16.30 | -24.31 | -24.15 | 75.44 | -8.81 |
| Income tax expense | 51.11 | 61.85 | 48.65 | 35.06 | 42.02 | -22.92 | 42.32 | -12.34 | 16.93 | 28.90 | 7.86 | -29.18 | 43.51 | 26.25 | 2.88 | -3.56 | 40.48 | -0.55 | -10.83 | 47.25 | -20.92 | 34.35 | -9.44 | -0.17 | -66.54 | 16.79 | -3.00 | 15.61 | 10.21 | 15.88 | -1.98 | -18.25 | 8.58 | 3.07 | 3.38 | 3.39 | 3.40 | 5.29 | 1.57 | 2.00 | 2.21 | 1.95 | 1.93 | 2.22 | 2.96 | 3.93 | 0.98 | 2.04 | 1.69 | -2.75 | 0.21 | 1.88 | -0.64 | 1.79 | 1.03 | 2.45 | 1.33 | 0.33 | 0.39 | 0.70 | 0.69 | 0.20 | 0.72 | -0.02 | 0.11 | 0.00 | 0.02 | 0.23 | 0.24 | 0.35 | 0.42 | 0.19 | 0.08 | 0.13 | 0.54 | 0.10 | 0.09 | -0.05 | 0.19 | 0.20 | 0.40 |
| Net income | 184.83 | 370.29 | 236.82 | 225.79 | 220.73 | 173.63 | 258.53 | 162.83 | 154.54 | 109.53 | 87.42 | 203.65 | 101.22 | 103.28 | 100.01 | 69.52 | 188.62 | 48.90 | 47.80 | 152.67 | -11.75 | 105.78 | 22.57 | 22.81 | -127.06 | 67.35 | 21.68 | 31.97 | 25.99 | 57.15 | 16.14 | -57.39 | 31.55 | 7.66 | 49.16 | 9.23 | 37.60 | 5.26 | -15.37 | 32.71 | 53.64 | 31.02 | -155.95 | 28.31 | -79.03 | 0.39 | -16.62 | -9.47 | 1.41 | -19.16 | 21.53 | -35.90 | -22.38 | -52.44 | -53.41 | -53.47 | -22.63 | -29.08 | -33.31 | -29.82 | -34.25 | -39.16 | -34.49 | -83.70 | -37.33 | -43.51 | -50.11 | -29.36 | -17.89 | 2.68 | -16.42 | -18.39 | -14.63 | -28.88 | -17.53 | -15.07 | -16.39 | -24.27 | -24.34 | -75.64 | -9.21 |