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SBA Communications

SBA Communications (NASDAQ: SBAC) revenue

SBA Communications reported revenue of $2,815m for fiscal 2025, 5.1% more than in fiscal 2024 ($2,680m). Since fiscal 2016 its revenue has grown by 72.4%, an average growth of 6.2% a year.

Revenue, in millions of US dollars1,63320161,72820171,86620182,01520192,08320202,30920212,63320222,71220232,68020242,8152025

Revenue by fiscal year

Fiscal yearRevenueChangeOperating profitOperating margin
2025$2,815m+5.1%$1,343m47.7%
2024$2,680m−1.2%$1,436m53.6%
2023$2,712m+3.0%$923.7m34.1%
2022$2,633m+14.1%$925.4m35.1%
2021$2,309m+10.8%$782.5m33.9%
2020$2,083m+3.4%$633.7m30.4%
2019$2,015m+8.0%$583.5m29.0%
2018$1,866m+8.0%$544.2m29.2%
2017$1,728m+5.8%$458.5m26.5%
2016$1,633m—$387.3m23.7%

The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the revenue of SBA Communications

How much revenue did SBA Communications make in fiscal 2025?
SBA Communications reported revenue of $2,815m for fiscal 2025, compared with $2,680m in fiscal 2024.
How much has the revenue of SBA Communications grown?
Between fiscal 2016 and fiscal 2025 it went from $1,633m to $2,815m: 72.4% more, an average growth of 6.2% a year.
What was the best year for revenue at SBA Communications?
Of its last 10 fiscal years, fiscal 2025, with $2,815m.
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 · net income · 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.