Financial insights of SBAC

MyFinsight

For the quarter ending 2025-09-30, SBAC made $732,327K in revenue. $236,816K in net income. Net profit margin of 32.34%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Total revenues	732,327	698,981	664,248	693,700
Cost of site leasing	127,281	118,571	115,478	116,105
Cost of site development	62,508	53,525	38,188	36,024
Selling, general, and administrative expenses	66,008	71,022	66,219	67,595
Acquisition and new business initiatives related adjustments and expenses	5,156	5,887	7,379	6,567
Asset impairment and decommission costs	20,322	45,231	37,026	19,997
Depreciation, accretion, and amortization	76,883	69,964	65,048	65,073
Total operating expenses	358,158	364,200	329,338	311,361
Operating income	374,169	334,781	334,910	382,339
Interest income	5,517	8,155	10,780	20,603
Interest expense	120,154	119,658	104,148	110,147
Non-cash interest expense	567	1,233	8,348	4,946
Amortization of deferred financing fees	5,477	5,415	5,434	5,859
Loss from extinguishment of debt, net	-	-	-	-504
Other income (expense), net	35,595	44,123	32,165	-124,604
Total other expense, net	-85,086	-74,028	-74,985	-226,465
Income before income taxes	289,083	260,753	259,925	155,874
Provision for income taxes	48,652	35,059	42,019	-22,917
Net income	240,431	225,694	217,906	178,791
Net (income) loss attributable to noncontrolling interests	3,615	-100	-2,826	2,581
Net income attributable to sba communications corporation	236,816	225,794	220,732	173,629

Earnings per share, basic	2.21	2.1	2.05	1.6
Earnings per share, diluted	2.2	2.09	2.04	1.61
Weighted average number of diluted shares outstanding	107,559,000	107,797,000	108,140,000	-216,137,000
Weighted average number of shares outstanding basic	107,257,000	107,531,000	107,744,000	-215,406,000