Sba Communications (SBAC) Gross Margin (2010 - 2026)
Sba Communications (SBAC) posted quarterly Gross Margin of 75.64% for Q1 2026, down 122.0% year-over-year from 343.83% in Q1 2025, and little changed quarter-over-quarter from 75.62% in Q4 2025.
Sba Communications (SBAC) Gross Margin (2010 - 2026) Analysis & Trends
Sba Communications' Gross Margin history runs 16 years deep, the most recent figure standing at 75.64% for Q1 2026.
- In Q1 2026, Gross Margin fell 122.0% year-over-year to 75.64%; the TTM figure through Mar 2026 stood at 75.17% (down 259.0% YoY), while the FY2025 annual figure was 75.46%, down 284.0% 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.
- The 5-year median for Gross Margin is 75.68% (2023), against an average of 76.41%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin soared 434 bps in 2023, then sank 340 bps in 2025.
- Sba Communications' Gross Margin stood at 74.91% in 2022, then rose by 5 bps to 78.62% in 2023, then decreased by 1 bps to 78.07% in 2024, then decreased by 3 bps to 75.62% in 2025, then increased by 0 bps to 75.64% in 2026.
- Business Quant data shows SBAC's Gross Margin at 75.64% in Q1 2026, 75.62% in Q4 2025, and 74.08% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 53.14% |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 98.79% |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | - |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 52.76% |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 98.12% |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 75.39% |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 16.66% |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 68.51% |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | - |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 19.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 75.39% |
| 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% |