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

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

Sba Communications (SBAC) posted Net Margin of 27.47% for Q2 2026, up 4.5% on a QoQ basis from 26.29% in Q1 2026, and down 482.0% year-over-year from 7.19% in Q2 2025.

Analysis

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

Sba Communications has reported Net Margin for 17 years, with the latest figure at 27.47% in Q2 2026.

  • On a quarterly basis, Net Margin fell 482.0% year-over-year to 27.47% in Q2 2026; TTM through Jun 2026 was 32.01%, a 393.0% increase from a year earlier, with the FY2025 full-year figure at 34.85%, up 1114.0% from the prior year.
  • Net Margin was 27.47% for Q2 2026 at Sba Communications, up from 26.29% in the prior quarter.
  • The five-year high for Net Margin was 41.3% in Q4 2025, with the low at 6.73% in Q4 2023.
  • Average Net Margin over 5 years is 23.14%, with a median of 25.21% recorded in 2026.
  • The largest YoY upside for Net Margin was 3252 bps in 2022 against a maximum downside of 1592 bps in 2022.
  • Over 5 years, Net Margin stood at 8.48% in 2022, then fell by 21 bps to 6.73% in 2023, then soared by 41 bps to 9.46% in 2024, then soared by 337 bps to 41.3% in 2025, then tumbled by 33 bps to 27.47% in 2026.
  • The last three Net Margin figures came in at 27.47% (Q2 2026), 26.29% (Q1 2026), and 41.3% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 American Tower 80.54 Bn 78.77 Bn 2.72 Bn 31.56%
2 Crown Castle 31.90 Bn 30.86 Bn 989.00 Mn 1.88%
3 Sba Communications 19.24 Bn 19.24 Bn 539.27 Mn 27.47%
4 Array Digital Infrastructure 3.30 Bn 2.88 Bn 30.57 Mn 670.54%
5 IHS Holding 2.84 Bn 1.77 Bn 207.10 Mn -2.05%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.47%
Mar 31, 2026 26.29%
Dec 31, 2025 41.30%
Sep 30, 2025 32.83%
Jun 30, 2025 32.29%
Mar 31, 2025 32.80%
Dec 31, 2024 9.46%
Sep 30, 2024 38.33%
Jun 30, 2024 24.14%
Mar 31, 2024 23.49%
Dec 31, 2023 6.73%
Sep 30, 2023 12.51%
Jun 30, 2023 29.77%
Mar 31, 2023 14.89%
Dec 31, 2022 8.48%
Sep 30, 2022 14.77%
Jun 30, 2022 10.61%
Mar 31, 2022 30.38%
Dec 31, 2021 4.01%
Sep 30, 2021 8.11%