Sba Communications SBAC
NASDAQ SBAC
$181.47 -5.27 (-2.82%)
As of: Sep 10, 2026 · 3:59 PM EDT

Sba Communications (SBAC) Gross Margin (2010 - 2026)

Sba Communications (SBAC) posted Gross Margin of 75.39% for Q2 2026, little changed on a QoQ basis from 75.64% in Q1 2026, and up 1.0% year-over-year from 74.65% in Q2 2025.

Analysis

Sba Communications (SBAC) Gross Margin (2010 - 2026) Analysis & Trends

Sba Communications has reported Gross Margin for 16 years, with the latest figure at 75.39% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 1.0% year-over-year to 75.39% in Q2 2026; TTM through Jun 2026 was 75.18%, a 176.0% decrease from a year earlier, with the FY2025 full-year figure at 75.46%, down 284.0% from the prior year.
  • Gross Margin was 75.39% for Q2 2026 at Sba Communications, roughly flat from 75.64% 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 76.35%, with a median of 75.66% recorded in 2026.
  • The sharpest annual moves came in 2023 and 2025: Gross Margin surged 434 bps in 2023, then sank 340 bps in 2025.
  • Over 5 years, Gross Margin 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 decreased by 0 bps to 75.39% in 2026.
  • The last three Gross Margin figures came in at 75.39% (Q2 2026), 75.64% (Q1 2026), and 75.62% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 American Tower 80.54 Bn 78.77 Bn 2.72 Bn 98.79%
2 Crown Castle 31.90 Bn 30.86 Bn 989.00 Mn 98.12%
3 Sba Communications 19.24 Bn 19.24 Bn 539.27 Mn 75.39%
4 Array Digital Infrastructure 3.30 Bn 2.88 Bn 30.57 Mn 56.54%
5 IHS Holding 2.84 Bn 1.77 Bn 207.10 Mn 48.32%
Historic Data

Historic Data

Download Data
DateValue
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%