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.
- Revenue
- −2.51%
- EPS
- −0.27%
- Free cash flow
- +28.6%
- Total debt
- +1.50%
Quarter to September 2026, against a year earlier
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SBA Communications Corporation (SBAC) Revenue growth
SBA Communications Corporation's revenue growth over the twelve months to 30 September 2026 was 2.26%, down 2.8 percentage points from fiscal 2025 (5.06%). Over the past ten years it has ranged from −1.18% (fiscal 2024) to 14.1% (fiscal 2022); the current reading is higher than 45% of that period. That is below the Reit Specialty industry median of 5.31% and below the Real Estate sector median of 4.51%.
Revenue growth, annual
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Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 5.06% | 6.24 |
| FY2024 | −1.18% | (4.15) |
| FY2023 | 2.97% | (11.09) |
| FY2022 | 14.1% | 3.23 |
| FY2021 | 10.8% | 7.43 |
| FY2020 | 3.40% | (4.58) |
| FY2019 | 7.98% | (0.01) |
| FY2018 | 7.99% | 2.20 |
| FY2017 | 5.79% | 6.12 |
| FY2016 | −0.33% | (7.63) |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Sep 2026 | −2.51% | (4.84) |
| Jun 2026 | 2.33% | (3.57) |
| Mar 2026 | 5.90% | 2.17 |
| Dec 2025 | 3.73% | (5.97) |
| 43 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| DLR Digital Realty Trust, Inc. compare | 20.0% |
| IRM Iron Mountain Incorporated compare | 17.5% |
| OUT OUTFRONT Media Inc. compare | 7.62% |
| GLPI Gaming and Leisure Properties, Inc. compare | 7.33% |
| LAMR Lamar Advertising Company compare | 5.12% |
| SBAC SBA Communications Corporation | 2.26% |
| RYN Rayonier Inc. compare | 0.44% |
| WY Weyerhaeuser Company compare | −1.06% |
| CCI Crown Castle Inc. compare | −5.29% |
| Reit Specialty industry median | 5.31% |
| Real Estate sector median | 4.51% |
| Market median | 7.58% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
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