Sba Communications (SBAC) Cost of Revenue (2010 - 2026)

Sba Communications (SBAC) recorded quarterly Cost of Revenue of $39.4 million in Q1 2026, down 11.9% quarter-over-quarter from $44.8 million in Q4 2025, and up 3.24% on a YoY basis from $38.2 million in Q1 2025.

Sba Communications (SBAC) Cost of Revenue (2010 - 2026) Analysis & Trends

Sba Communications' Cost of Revenue history runs 16 years deep, the most recent figure standing at $39.4 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 3.24% year-over-year to $39.4 million; the TTM figure through Mar 2026 stood at $200.2 million (up 49.7% YoY), while the FY2025 annual figure was $199.0 million, up 67.58% from the prior year.
  • Cost of Revenue was $39.4 million for Q1 2026 at Sba Communications, down from $44.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $65.5 million in Q3 2022 to a low of $23.2 million in Q1 2024.
  • Historically, Cost of Revenue has averaged $42.4 million across 5 years, with a median of $39.4 million in 2026.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue plunged 56.22% in 2023, then soared 97.24% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $57.2 million in 2022, then tumbled by 56.22% to $25.0 million in 2023, then jumped by 43.98% to $36.0 million in 2024, then rose by 24.22% to $44.8 million in 2025, then retreated by 11.9% to $39.4 million in 2026.
  • The last three Cost of Revenue figures came in at $39.4 million (Q1 2026), $44.8 million (Q4 2025), and $62.5 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

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