Sba Communications (SBAC) Operating Expenses (2010 - 2026)
Sba Communications' quarterly Operating Expenses came in at $128.5 million in Q1 2026, up 23.41% year-on-year from $104.1 million in Q1 2025, and down 88.61% quarter-over-quarter from $1.1 billion in Q4 2025.
Sba Communications has reported Operating Expenses for 17 years, with the latest figure at $128.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 23.41% year-over-year to $128.5 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 182.67% YoY), and the FY2025 full-year result was $1.5 billion, up 268.29% from the prior year.
- Operating Expenses for Q1 2026 stood at $128.5 million, down from $1.1 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.1 billion in Q4 2025, with the low at -$922.2 million in Q4 2023.
- Average Operating Expenses over 5 years is $203.3 million, with a median of $120.2 million recorded in 2025.
- Year-over-year, Operating Expenses tumbled 304.29% in 2023 and jumped 924.45% in 2025.
- Tracing SBAC's Operating Expenses over 5 years: stood at $451.4 million in 2022, then plunged by 304.29% to -$922.2 million in 2023, then jumped by 111.94% to $110.1 million in 2024, then jumped by 924.45% to $1.1 billion in 2025, then slumped by 88.61% to $128.5 million in 2026.
- The last three Operating Expenses figures came in at $128.5 million (Q1 2026), $1.1 billion (Q4 2025), and $120.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 1.87 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 1.50 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 1.37 Bn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 545.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 1.54 Bn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 128.53 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 120.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 399.87 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 86.64 Mn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 373.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 128.53 Mn |
| Dec 31, 2025 | 1.13 Bn |
| Sep 30, 2025 | 120.15 Mn |
| Jun 30, 2025 | 364.20 Mn |
| Mar 31, 2025 | 104.15 Mn |
| Dec 31, 2024 | 110.15 Mn |
| Sep 30, 2024 | 95.71 Mn |
| Jun 30, 2024 | 306.01 Mn |
| Mar 31, 2024 | 334.50 Mn |
| Dec 31, 2023 | -922.22 Mn |
| Sep 30, 2023 | 433.94 Mn |
| Jun 30, 2023 | 101.29 Mn |
| Mar 31, 2023 | 101.23 Mn |
| Dec 31, 2022 | 451.43 Mn |
| Sep 30, 2022 | 432.60 Mn |
| Jun 30, 2022 | 84.32 Mn |
| Mar 31, 2022 | 82.25 Mn |
| Dec 31, 2021 | 397.76 Mn |
| Sep 30, 2021 | 377.53 Mn |
| Jun 30, 2021 | 375.76 Mn |
| Mar 31, 2021 | 90.10 Mn |
| Dec 31, 2020 | 370.80 Mn |
| Sep 30, 2020 | 89.79 Mn |
| Jun 30, 2020 | 350.17 Mn |
| Mar 31, 2020 | 365.86 Mn |
| Dec 31, 2019 | 97.36 Mn |
| Sep 30, 2019 | 353.70 Mn |
| Jun 30, 2019 | 97.45 Mn |
| Mar 31, 2019 | 98.67 Mn |
| Dec 31, 2018 | 1.04 Bn |
| Sep 30, 2018 | 95.72 Mn |
| Jun 30, 2018 | 330.45 Mn |
| Mar 31, 2018 | 88.92 Mn |
| Dec 31, 2017 | 1.03 Bn |
| Sep 30, 2017 | 81.36 Mn |
| Jun 30, 2017 | 78.46 Mn |
| Mar 31, 2017 | 77.60 Mn |
| Dec 31, 2016 | -607.57 Mn |
| Sep 30, 2016 | 303.11 Mn |
| Jun 30, 2016 | 331.47 Mn |
| Mar 31, 2016 | 302.17 Mn |
| Dec 31, 2015 | 324.81 Mn |
| Sep 30, 2015 | 81.88 Mn |
| Jun 30, 2015 | 312.54 Mn |
| Mar 31, 2015 | 321.01 Mn |
| Dec 31, 2014 | -589.73 Mn |
| Sep 30, 2014 | 78.17 Mn |
| Jun 30, 2014 | 71.50 Mn |
| Mar 31, 2014 | 278.41 Mn |
| Dec 31, 2013 | 889.65 Mn |
| Sep 30, 2013 | 268.19 Mn |
| Jun 30, 2013 | 274.77 Mn |
| Mar 31, 2013 | 256.31 Mn |
| Dec 31, 2012 | 59.51 Mn |
| Sep 30, 2012 | 197.54 Mn |
| Jun 30, 2012 | 194.41 Mn |
| Mar 31, 2012 | 152.20 Mn |
| Dec 31, 2011 | -274.78 Mn |
| Sep 30, 2011 | 147.98 Mn |
| Jun 30, 2011 | 143.84 Mn |
| Mar 31, 2011 | 143.85 Mn |
| Dec 31, 2010 | 148.80 Mn |
| Sep 30, 2010 | 137.97 Mn |
| Jun 30, 2010 | 134.49 Mn |
| Mar 31, 2010 | 131.08 Mn |