Sba Communications (SBAC) Net Income (2009 - 2026)
Sba Communications' Net Income was $196.47 million in Q2 2026, down 12.9% from $225.69 million a year earlier but up 6.3% from the prior quarter.
Sba Communications (SBAC) Net Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sba Communications' Net Income was $992.23 million through Jun 30, 2026, up 13.0% year-over-year; for FY2025, it was $1.05 billion, up 40.8% from FY2024.
- Net Income has now increased for five consecutive years, with a five-year compound annual growth rate of 113.0% (FY2020 to FY2025).
- In earlier years, Net Income was $748.68 million in FY2024 (+50.5%), $497.42 million in FY2023 (+8.2%), $459.8 million in FY2022 (+93.5%) and $237.62 million in FY2021 (+888.2%).
- Quarterly Net Income has moved between $47.8 million (Q3 2021) and $370.43 million (Q4 2025) over five years.
- Compared with a year earlier, Net Income was higher in five of the last eight quarters, with growth averaging 52.3%.
- The best year-over-year quarter for Net Income over five years was Q3 2024 (growth of 199.8%); the worst was Q2 2022 (a decline of 54.7%).
- Per Business Quant data, SBAC's Net Income in the three quarters before Q2 2026 was $184.9 million (Q1 2026), $370.43 million (Q4 2025) and $240.43 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 887.50 Mn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 461.72 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 374.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 196.47 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 164.64 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 77.70 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 362.56 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | -7.50 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | -25.81 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | -4.96 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 196.47 Mn |
| Mar 31, 2026 | 184.90 Mn |
| Dec 31, 2025 | 370.43 Mn |
| Sep 30, 2025 | 240.43 Mn |
| Jun 30, 2025 | 225.69 Mn |
| Mar 31, 2025 | 217.91 Mn |
| Dec 31, 2024 | 178.79 Mn |
| Sep 30, 2024 | 255.89 Mn |
| Jun 30, 2024 | 159.45 Mn |
| Mar 31, 2024 | 154.54 Mn |
| Dec 31, 2023 | 109.53 Mn |
| Sep 30, 2023 | 85.36 Mn |
| Jun 30, 2023 | 201.97 Mn |
| Mar 31, 2023 | 100.55 Mn |
| Dec 31, 2022 | 102.58 Mn |
| Sep 30, 2022 | 99.76 Mn |
| Jun 30, 2022 | 69.15 Mn |
| Mar 31, 2022 | 188.31 Mn |
| Dec 31, 2021 | 48.90 Mn |
| Sep 30, 2021 | 47.80 Mn |
Sba Communications Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=SBAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "SBAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=SBAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();