Sba Communications (SBAC) Gross Margin (2010 - 2026)
Sba Communications' quarterly Gross Margin came in at 75.64% in Q1 2026, down 122.0% year-on-year from 343.83% in Q1 2025, and little changed quarter-over-quarter from 75.62% in Q4 2025.
Sba Communications has reported Gross Margin for 16 years, with the latest figure at 75.64% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 122.0% year-over-year to 75.64%; the trailing twelve-month figure through Mar 2026 stood at 75.17% (down 259.0% YoY), and the FY2025 full-year result was 75.46%, down 129690.0% from the prior year.
- Gross Margin for Q1 2026 stood at 75.64%, roughly flat from 75.62% in the prior quarter.
- The five-year high for Gross Margin was 79.02% in Q1 2024, with the low at 73.72% in Q3 2022.
- Average Gross Margin over 5 years is 76.41%, with a median of 75.68% recorded in 2023.
- Year-over-year, Gross Margin soared 434 bps in 2023 and slumped 340 bps in 2025.
- Tracing SBAC's Gross Margin over 5 years: stood at 74.91% in 2022, then advanced by 5 bps to 78.62% in 2023, then dropped by 1 bps to 78.07% in 2024, then dropped by 3 bps to 75.62% in 2025, then gained by 0 bps to 75.64% in 2026.
- The last three Gross Margin figures came in at 75.64% (Q1 2026), 75.62% (Q4 2025), and 74.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 47.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.64% |
| Dec 31, 2025 | 75.62% |
| Sep 30, 2025 | 74.08% |
| Jun 30, 2025 | 75.38% |
| Mar 31, 2025 | 76.87% |
| Dec 31, 2024 | 78.07% |
| Sep 30, 2024 | 77.48% |
| Jun 30, 2024 | 78.61% |
| Mar 31, 2024 | 79.02% |
| Dec 31, 2023 | 78.62% |
| Sep 30, 2023 | 78.06% |
| Jun 30, 2023 | 77.27% |
| Mar 31, 2023 | 75.68% |
| Dec 31, 2022 | 74.91% |
| Sep 30, 2022 | 73.72% |
| Jun 30, 2022 | 74.54% |
| Mar 31, 2022 | 75.33% |
| Dec 31, 2021 | 76.49% |
| Sep 30, 2021 | 76.24% |
| Jun 30, 2021 | 76.41% |
| Mar 31, 2021 | 76.35% |
| Dec 31, 2020 | 76.12% |
| Sep 30, 2020 | 76.76% |
| Jun 30, 2020 | 78.02% |
| Mar 31, 2020 | 77.66% |
| Dec 31, 2019 | 76.39% |
| Sep 30, 2019 | 75.67% |
| Jun 30, 2019 | 75.12% |
| Mar 31, 2019 | 74.90% |
| Dec 31, 2018 | 74.72% |
| Sep 30, 2018 | 75.01% |
| Jun 30, 2018 | 74.93% |
| Mar 31, 2018 | 74.83% |
| Dec 31, 2017 | 74.15% |
| Sep 30, 2017 | 74.31% |
| Jun 30, 2017 | 74.41% |
| Mar 31, 2017 | 73.79% |
| Dec 31, 2016 | 74.49% |
| Sep 30, 2016 | 74.36% |
| Jun 30, 2016 | 73.72% |
| Mar 31, 2016 | 74.34% |
| Dec 31, 2015 | 73.11% |
| Sep 30, 2015 | 72.80% |
| Jun 30, 2015 | 72.70% |
| Mar 31, 2015 | 72.91% |
| Dec 31, 2014 | 72.33% |
| Sep 30, 2014 | 71.55% |
| Jun 30, 2014 | 71.98% |
| Mar 31, 2014 | 71.88% |
| Dec 31, 2013 | 70.02% |
| Sep 30, 2013 | 68.90% |
| Mar 31, 2011 | 88.84% |
| Mar 31, 2010 | 87.91% |