KPIs & Operating Metrics(New)
Growth Metrics

Sba Communications (SBAC) Operating Expenses (2016 - 2025)

Sba Communications has reported Operating Expenses over the past 16 years, most recently at $420.7 million for Q4 2025.

  • Quarterly results put Operating Expenses at $420.7 million for Q4 2025, up 281.91% from a year ago — trailing twelve months through Dec 2025 was $1.5 billion (up 3245.18% YoY), and the annual figure for FY2025 was $1.5 billion, up 268.29%.
  • Operating Expenses for Q4 2025 was $420.7 million at Sba Communications, up from $358.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for SBAC hit a ceiling of $1.5 billion in Q4 2023 and a floor of -$775.7 million in Q4 2021.
  • Median Operating Expenses over the past 5 years was $105.7 million (2023), compared with a mean of $217.5 million.
  • Biggest five-year swings in Operating Expenses: soared 1382.3% in 2023 and later crashed 453.27% in 2024.
  • Sba Communications' Operating Expenses stood at -$775.7 million in 2021, then skyrocketed by 112.93% to $100.3 million in 2022, then soared by 1382.3% to $1.5 billion in 2023, then crashed by 92.59% to $110.1 million in 2024, then soared by 281.91% to $420.7 million in 2025.
  • The last three reported values for Operating Expenses were $420.7 million (Q4 2025), $358.2 million (Q3 2025), and $364.2 million (Q2 2025) per Business Quant data.