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

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

  • On a quarterly basis, Cost of Revenue rose 3.24% year-over-year to $39.4 million in Q1 2026; TTM through Mar 2026 was $200.2 million, a 49.7% increase from a year earlier, with the FY2025 full-year figure at $199.0 million, up 67.58% from the prior year.
  • Cost of Revenue declined to $39.4 million in Q1 2026 per SBAC's latest filing, from $44.8 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.
  • The 5-year median for Cost of Revenue is $39.4 million (2026), against an average of $42.4 million.
  • Across the five-year window, Cost of Revenue plunged 56.22% in 2023 and surged 97.24% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $57.2 million in 2022, then sank 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.
  • Per Business Quant, the three latest SBAC Cost of Revenue figures stand at $39.4 million (Q1 2026), $44.8 million (Q4 2025), and $62.5 million (Q3 2025).

Peer Comparison

Historic Data

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