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) Revenue
SBA Communications Corporation's revenue for fiscal 2025 was $2.8B, up 5.06% from $2.7B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.9B. Over the past ten years it has ranged from $1.6B (fiscal 2016) to $2.8B (fiscal 2025) — the current reading is the highest in ten years. SBA Communications Corporation ranks 8th of 17 Reit Specialty companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $2.8B | 5.06% |
| FY2024 | $2.7B | (1.18%) |
| FY2023 | $2.7B | 2.97% |
| FY2022 | $2.6B | 14.06% |
| FY2021 | $2.3B | 10.83% |
| FY2020 | $2.1B | 3.40% |
| FY2019 | $2.0B | 7.98% |
| FY2018 | $1.9B | 7.99% |
| FY2017 | $1.7B | 5.79% |
| FY2016 | $1.6B | (0.33%) |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Jun 2026 | $715.3M | 1.68% |
| Mar 2026 | $703.4M | (2.24%) |
| Dec 2025 | $719.6M | (1.74%) |
| Sep 2025 | $732.3M | 4.77% |
| 42 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| IRM Iron Mountain Incorporated compare | $7.6B |
| WY Weyerhaeuser Company compare | $6.9B |
| DLR Digital Realty Trust, Inc. compare | $6.8B |
| CCI Crown Castle Inc. compare | $4.2B |
| SBAC SBA Communications Corporation | $2.9B |
| LAMR Lamar Advertising Company compare | $2.3B |
| OUT OUTFRONT Media Inc. compare | $1.9B |
| GLPI Gaming and Leisure Properties, Inc. compare | $1.7B |
| RYN Rayonier Inc. compare | $968.3M |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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