Sba Communications (SBAC) Net Margin (2010 - 2026)
Sba Communications (SBAC) recorded quarterly Net Margin of 26.29% in Q1 2026, up 156.73% quarter-over-quarter from 46.34% in Q4 2025, and down 652.0% on a YoY basis from 4.76% in Q1 2025.
Sba Communications (SBAC) Net Margin (2010 - 2026) Analysis & Trends
Sba Communications' Net Margin history runs 17 years deep, the most recent figure standing at 26.29% for Q1 2026.
- In Q1 2026, Net Margin fell 652.0% year-over-year to 26.29%; the TTM figure through Mar 2026 stood at 11.13% (up 1060.0% YoY), while the FY2025 annual figure was 12.45%, up 4457.0% from the prior year.
- Net Margin was 26.29% for Q1 2026 at Sba Communications, up from 46.34% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 38.33% in Q3 2024 to a low of 89.23% in Q4 2024.
- Historically, Net Margin has averaged 9.15% across 5 years, with a median of 23.49% in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 5027 bps in 2024, then jumped 4289 bps in 2025.
- A 5-year view of Net Margin shows it stood at 6.96% in 2022, then tumbled by 660 bps to 38.96% in 2023, then sank by 129 bps to 89.23% in 2024, then soared by 48 bps to 46.34% in 2025, then surged by 157 bps to 26.29% in 2026.
- The last three Net Margin figures came in at 26.29% (Q1 2026), 46.34% (Q4 2025), and 32.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 16.98% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 31.40% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 7.66% |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 27.33% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 7.42% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 26.29% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 9.03% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 25.54% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 57.00% |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 4.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.29% |
| Dec 31, 2025 | -46.34% |
| Sep 30, 2025 | 32.83% |
| Jun 30, 2025 | 32.29% |
| Mar 31, 2025 | 32.80% |
| Dec 31, 2024 | -89.23% |
| Sep 30, 2024 | 38.33% |
| Jun 30, 2024 | 24.14% |
| Mar 31, 2024 | 23.49% |
| Dec 31, 2023 | -38.96% |
| Sep 30, 2023 | 12.51% |
| Jun 30, 2023 | 29.77% |
| Mar 31, 2023 | 14.89% |
| Dec 31, 2022 | 6.96% |
| Sep 30, 2022 | 14.77% |
| Jun 30, 2022 | 10.61% |
| Mar 31, 2022 | 30.38% |
| Dec 31, 2021 | 8.22% |
| Sep 30, 2021 | 8.11% |
| Jun 30, 2021 | 26.53% |