SBA Communications Corporation
SBAC Real Estate Reit Specialty
SBA Communications Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 5.06% from fiscal 2024. In the quarter to June 2026, revenue grew 2.33%, EPS fell 11.0%, free cash flow grew 11.3% and total debt rose 1.74%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.
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SBA Communications Corporation (SBAC) Net income
SBA Communications Corporation's net income for fiscal 2025 was $1.1B, up 40.8% from $748.7M in fiscal 2024. Over the twelve months to 30 June 2026 it was $992.2M. Over the past ten years it has ranged from −$175.7M (fiscal 2015) to $1.1B (fiscal 2025) — the current reading is the highest in ten years. Net income has risen for 5 consecutive fiscal years. SBA Communications Corporation ranks 5th of 18 Reit Specialty companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $1.1B | 40.84% |
| FY2024 | $748.7M | 50.51% |
| FY2023 | $497.4M | 8.18% |
| FY2022 | $459.8M | 93.50% |
| FY2021 | $237.6M | 888.16% |
| FY2020 | $24.0M | (83.67%) |
| FY2019 | $147.3M | 210.39% |
| FY2018 | $47.5M | (54.22%) |
| FY2017 | $103.7M | 35.96% |
| FY2016 | $76.2M | — |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $196.5M | 6.26% |
| Mar 2026 | $184.9M | (50.08%) |
| Dec 2025 | $370.4M | 54.07% |
| Sep 2025 | $240.4M | 6.53% |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| GLPI Gaming and Leisure Properties, Inc. compare | $998.2M |
| SBAC SBA Communications Corporation | $992.2M |
| CCI Crown Castle Inc. compare | $862.0M |
| DLR Digital Realty Trust, Inc. compare | $792.2M |
| LAMR Lamar Advertising Company compare | $565.3M |
| WY Weyerhaeuser Company compare | $472.0M |
| IRM Iron Mountain Incorporated compare | $434.5M |
| OUT OUTFRONT Media Inc. compare | $244.7M |
| RYN Rayonier Inc. compare | $76.6M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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