Sba Communications (SBAC) Operating Expenses (2010 - 2026)
Sba Communications (SBAC) posted quarterly Operating Expenses of $360.6 million for Q1 2026, up 246.23% year-over-year from $104.1 million in Q1 2025, and up 161.77% quarter-over-quarter from -$583.8 million in Q4 2025.
Sba Communications (SBAC) Operating Expenses (2010 - 2026) Analysis & Trends
Sba Communications' Operating Expenses history runs 17 years deep, the most recent figure standing at $360.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 246.23% year-over-year to $360.6 million; the TTM figure through Mar 2026 stood at $499.2 million (down 65.81% YoY), while the FY2025 annual figure was $467.9 million, down 62.38% from the prior year.
- Operating Expenses for Q1 2026 stood at $360.6 million, up from -$583.8 million in the prior quarter.
- The five-year high for Operating Expenses was $1.5 billion in Q4 2022, with the low at -$583.8 million in Q4 2025.
- The 5-year median for Operating Expenses is $306.0 million (2024), against an average of $306.9 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 1650.74% in 2022, then slumped 161.18% in 2025.
- Sba Communications' Operating Expenses stood at $1.5 billion in 2022, then plunged by 68.01% to $465.3 million in 2023, then jumped by 105.06% to $954.2 million in 2024, then slumped by 161.18% to -$583.8 million in 2025, then surged by 161.77% to $360.6 million in 2026.
- Business Quant data shows SBAC's Operating Expenses at $360.6 million in Q1 2026, -$583.8 million in Q4 2025, and $358.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.91 Bn | 104.68 Bn | 1.40 Bn | 1.96 Bn |
| 2 | American Tower | 82.76 Bn | 81.00 Bn | 2.72 Bn | 1.48 Bn |
| 3 | Digital Realty Trust | 68.78 Bn | 66.91 Bn | - | 1.46 Bn |
| 4 | Iron Mountain | 36.78 Bn | 36.58 Bn | 1.07 Bn | 1.66 Bn |
| 5 | Crown Castle | 32.88 Bn | 31.84 Bn | 989.00 Mn | 538.00 Mn |
| 6 | Sba Communications | 19.40 Bn | 19.40 Bn | 539.27 Mn | 363.41 Mn |
| 7 | Weyerhaeuser | 17.73 Bn | 17.20 Bn | 311.00 Mn | 116.00 Mn |
| 8 | Lamar Advertising | 15.32 Bn | 15.25 Bn | 422.53 Mn | 408.79 Mn |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 98.13 Mn |
| 10 | Rayonier | 6.39 Bn | 5.97 Bn | 75.67 Mn | 361.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 363.41 Mn |
| Mar 31, 2026 | 360.59 Mn |
| Dec 31, 2025 | -583.79 Mn |
| Sep 30, 2025 | 358.16 Mn |
| Jun 30, 2025 | 364.20 Mn |
| Mar 31, 2025 | 104.15 Mn |
| Dec 31, 2024 | 954.24 Mn |
| Sep 30, 2024 | 95.71 Mn |
| Jun 30, 2024 | 306.01 Mn |
| Mar 31, 2024 | 96.39 Mn |
| Dec 31, 2023 | 465.34 Mn |
| Sep 30, 2023 | 99.32 Mn |
| Jun 30, 2023 | 101.29 Mn |
| Mar 31, 2023 | 451.38 Mn |
| Dec 31, 2022 | 1.45 Bn |
| Sep 30, 2022 | 86.96 Mn |
| Jun 30, 2022 | 421.03 Mn |
| Mar 31, 2022 | 82.25 Mn |
| Dec 31, 2021 | 83.08 Mn |
| Sep 30, 2021 | 377.53 Mn |