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Growth Metrics

Sba Communications (SBAC) Cost Of Revenue (2016 - 2025)

Sba Communications (SBAC) has 15 years of Cost of Revenue data on record, last reported at $44.8 million in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 24.22% year-over-year to $44.8 million; the TTM value through Dec 2025 reached $199.0 million, up 67.58%, while the annual FY2025 figure was $199.0 million, 67.58% up from the prior year.
  • Cost of Revenue reached $44.8 million in Q4 2025 per SBAC's latest filing, down from $62.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $65.5 million in Q3 2022 and bottomed at $23.2 million in Q1 2024.
  • Average Cost of Revenue over 5 years is $42.0 million, with a median of $40.9 million recorded in 2021.
  • Peak YoY movement for Cost of Revenue: surged 103.02% in 2021, then tumbled 56.22% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $42.9 million in 2021, then soared by 33.17% to $57.2 million in 2022, then crashed by 56.22% to $25.0 million in 2023, then skyrocketed by 43.98% to $36.0 million in 2024, then rose by 24.22% to $44.8 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $44.8 million in Q4 2025, $62.5 million in Q3 2025, and $53.5 million in Q2 2025.