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

Sba Communications (SBAC) Operating Expenses (2010 - 2026)

Sba Communications (SBAC) posted Operating Expenses of $363.4 million for Q2 2026, up 0.78% on a QoQ basis from $360.6 million in Q1 2026, and little changed year-over-year from $364.2 million in Q2 2025.

Analysis

Sba Communications (SBAC) Operating Expenses (2010 - 2026) Analysis & Trends

Sba Communications has reported Operating Expenses for 17 years, with the latest figure at $363.4 million in Q2 2026.

  • On a quarterly basis, Operating Expenses changed 0.22% year-over-year to $363.4 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 15.88% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 18.37% from the prior year.
  • Operating Expenses was $363.4 million for Q2 2026 at Sba Communications, up from $360.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $465.3 million in Q4 2023, with the low at $292.0 million in Q3 2024.
  • Average Operating Expenses over 5 years is $385.3 million, with a median of $383.6 million recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 33.09% in 2024, then jumped 35.1% in 2025.
  • Over 5 years, Operating Expenses stood at $451.4 million in 2022, then climbed by 3.08% to $465.3 million in 2023, then sank by 33.09% to $311.4 million in 2024, then jumped by 35.1% to $420.7 million in 2025, then declined by 13.61% to $363.4 million in 2026.
  • The last three Operating Expenses figures came in at $363.4 million (Q2 2026), $360.6 million (Q1 2026), and $420.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 American Tower 80.54 Bn 78.77 Bn 2.72 Bn 1.48 Bn
2 Crown Castle 31.90 Bn 30.86 Bn 989.00 Mn 538.00 Mn
3 Sba Communications 19.24 Bn 19.24 Bn 539.27 Mn 363.41 Mn
4 Array Digital Infrastructure 3.30 Bn 2.88 Bn 30.57 Mn -345.19 Mn
5 IHS Holding 2.84 Bn 1.77 Bn 207.10 Mn -125.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 363.41 Mn
Mar 31, 2026 360.59 Mn
Dec 31, 2025 420.66 Mn
Sep 30, 2025 358.16 Mn
Jun 30, 2025 364.20 Mn
Mar 31, 2025 329.34 Mn
Dec 31, 2024 311.36 Mn
Sep 30, 2024 292.00 Mn
Jun 30, 2024 306.01 Mn
Mar 31, 2024 334.50 Mn
Dec 31, 2023 465.34 Mn
Sep 30, 2023 433.94 Mn
Jun 30, 2023 437.27 Mn
Mar 31, 2023 451.38 Mn
Dec 31, 2022 451.43 Mn
Sep 30, 2022 432.60 Mn
Jun 30, 2022 421.03 Mn
Mar 31, 2022 402.99 Mn
Dec 31, 2021 397.76 Mn
Sep 30, 2021 377.53 Mn