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
DateValue
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%