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SBA Communications

SBA Communications (NASDAQ: SBAC) net income

SBA Communications reported a net profit of $1,054m for fiscal 2025, 40.6% more than in fiscal 2024 ($749.5m). Its net margin was 37.4%. Earnings per share were $9.83.

Net income, in millions of US dollars76.22016103.7201747.52018147.0201924.12020237.62021461.42022501.82023749.520241,0542025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$1,054m+40.6%37.4%$9.83
2024$749.5m+49.4%28.0%$6.96
2023$501.8m+8.8%18.5%$4.64
2022$461.4m+94.2%17.5%$4.27
2021$237.6m+885.8%10.3%$2.17
2020$24.1m−83.6%1.2%$0.22
2019$147.0m+209.8%7.3%$1.30
2018$47.5m−54.2%2.5%$0.41
2017$103.7m+36.0%6.0%$0.86
2016$76.2m—4.7%$0.61

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of SBA Communications

How much did SBA Communications earn in fiscal 2025?
SBA Communications reported a net profit of $1,054m for fiscal 2025. In fiscal 2024 it reported a net profit of $749.5m.
What are the earnings per share of SBA Communications?
They were $9.83 in fiscal 2025, compared with $6.96 in fiscal 2024.
What is the net margin of SBA Communications?
In fiscal 2025 its net profit was 37.4% of its revenue.
What was the most profitable year for SBA Communications?
Of its last 10 fiscal years, fiscal 2025, with $1,054m.
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

From the annual report (Form 10-K) that SBA Communications files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on SBA Communications: the SBA Communications page · annual accounts · revenue · dividends paid · insider transactions.

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.