SBA Communications (NASDAQ: SBAC) stock: the official figures
SBA Communications (SBA COMMUNICATIONS CORPORATION) is listed on Nasdaq under the ticker SBAC and belongs to the real estate sector. In fiscal 2025 it reported revenue of $2,815m and a net profit of $1,054m, according to the annual accounts it filed with the regulator.
Identifiers for SBA Communications: SEC CIK 1034054.
Fiscal 2025 figures
| Item | 2025 | 2024 | Change |
|---|---|---|---|
| Revenue | $2,815m | $2,680m | +5.1% |
| Operating profit | $1,343m | $1,436m | −6.5% |
| Net profit | $1,054m | $749.5m | +40.6% |
| Earnings per share | $9.83 | $6.96 | +41.2% |
| Operating margin | 47.7% | 53.6% | −5.9 pts |
| Net margin | 37.4% | 28.0% | +9.5 pts |
| Total assets | $11,575m | $11,417m | +1.4% |
| Equity | −$4,854m | −$5,110m | — |
| Cash | $264.6m | $189.8m | +39.4% |
| Operating cash flow | $1,291m | $1,335m | −3.3% |
Margins are calculated from the filed figures: operating profit and net profit over revenue.
10 fiscal years
| Fiscal year | Revenue | Operating profit | Net profit | Earnings per share | Document |
|---|---|---|---|---|---|
| 2025 | $2,815m | $1,343m | $1,054m | $9.83 | Annual report |
| 2024 | $2,680m | $1,436m | $749.5m | $6.96 | Annual report |
| 2023 | $2,712m | $923.7m | $501.8m | $4.64 | Annual report |
| 2022 | $2,633m | $925.4m | $461.4m | $4.27 | Annual report |
| 2021 | $2,309m | $782.5m | $237.6m | $2.17 | Annual report |
| 2020 | $2,083m | $633.7m | $24.1m | $0.22 | Annual report |
| 2019 | $2,015m | $583.5m | $147.0m | $1.30 | Annual report |
| 2018 | $1,866m | $544.2m | $47.5m | $0.41 | Annual report |
| 2017 | $1,728m | $458.5m | $103.7m | $0.86 | Annual report |
| 2016 | $1,633m | $387.3m | $76.2m | $0.61 | Annual report |
The full income statement, balance sheet and cash flow statement are in the annual accounts of SBA Communications. Year by year: revenue, net income and dividends paid. Purchases and sales by its executives and directors are in insider transactions.
Dividends
In fiscal 2025, SBA Communications paid $479.0m in dividends, 45.5% of its net profit, according to its cash flow statement.
| Fiscal year | Dividends paid | Share of net profit |
|---|---|---|
| 2025 | $479.0m | 45.5% |
| 2024 | $424.2m | 56.6% |
| 2023 | $370.0m | 73.7% |
| 2022 | $306.8m | 66.5% |
| 2021 | $253.6m | 106.7% |
| 2020 | $207.7m | 861.6% |
| 2019 | $83.4m | 56.7% |
Cash paid out as dividends during the fiscal year, including dividends to minority shareholders of subsidiaries when the company does not report them separately. It is not the dividend per share.
Members of Congress who traded SBA Communications
In the congressional reports read up to 9 November 2026, 5 members have disclosed 9 transactions in SBA Communications: Gilbert Ray Cisneros, Jr. (2), Julie Johnson (2), Lisa C. McClain (2), Robert P. Bresnahan, Jr. (2), Jefferson Shreve (1).
Frequently asked questions about SBA Communications
- How much did SBA Communications earn in fiscal 2025?
- SBA Communications reported a net profit of $1,054m for fiscal 2025, on revenue of $2,815m. The year before it reported a net profit of $749.5m.
- Does SBA Communications pay a dividend?
- In fiscal 2025, SBA Communications paid $479.0m in dividends, 45.5% of its net profit, according to its cash flow statement.
- What are the earnings per share of SBA Communications?
- They were $9.83 in fiscal 2025, compared with $6.96 the year before.
- Where is SBA Communications listed?
- SBA Communications is listed on Nasdaq under the ticker SBAC and belongs to the real estate sector.
- Where do the figures for SBA Communications come from?
- From the annual report (Form 10-K) that SBA Communications files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
The annual accounts come from the annual report (Form 10-K) that SBA Communications files with the SEC, the US securities regulator. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.