Financial insights of SBAC

MyFinsight

For the year ending 2025-12-31, SBAC made $2,815,139K in revenue. $1,053,632K in net income. Net profit margin of 37.43%.

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	2,815,139	2,679,634	2,711,584	2,633,454
Cost of site leasing	492,000	462,997	472,687	445,685
Cost of site development	198,972	118,730	139,935	222,965
Selling, general, and administrative expenses	277,611	258,756	267,936	261,853
Acquisition and new business initiatives related adjustments and expenses	27,320	25,946	21,671	26,807
Asset impairment and decommission costs	184,165	107,925	169,387	43,160
Depreciation, accretion, and amortization	292,285	269,517	716,309	707,576
Total operating expenses	1,472,353	1,243,871	1,787,925	1,708,046
Operating income	1,342,786	1,435,763	923,659	925,408
Interest income	31,676	41,962	18,305	10,133
Interest expense	467,910	399,778	400,373	353,784
Non-cash interest expense	8,857	27,661	35,868	46,109
Amortization of deferred financing fees	21,866	21,265	20,273	19,835
Loss from extinguishment of debt, net	-	-5,940	-	-437
Other income (expense), net	366,209	-250,415	63,053	10,467
Total other expense, net	-100,748	-663,097	-375,156	-399,565
Income before income taxes	1,242,038	772,666	548,503	525,843
Provision for income taxes	187,582	23,989	51,088	66,044
Net income	1,054,456	748,677	497,415	459,799
Net (income) loss attributable to noncontrolling interests	824	-859	-4,397	-1,630
Net income attributable to sba communications corporation	1,053,632	749,536	501,812	461,429

Basic EPS	9.83	6.96	4.64	4.27
Diluted EPS	9.8	6.94	4.61	4.22
Basic Average Shares	107,207,000	107,644,000	108,204,000	107,957,000
Diluted Average Shares	107,533,000	108,080,000	108,907,000	109,386,000