Sba Communications (SBAC) Operating Leases (2019 - 2026)
Sba Communications' quarterly Operating Leases came in at $2.2 billion in Q1 2026, up 10.47% year-on-year from $1.9 billion in Q1 2025, and up 1.52% quarter-over-quarter from $2.1 billion in Q4 2025.
Sba Communications has reported Operating Leases for 8 years, with the latest figure at $2.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 10.47% year-over-year to $2.2 billion; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 10.47% YoY), and the FY2025 full-year result was $2.1 billion, up 11.45% from the prior year.
- Operating Leases for Q1 2026 stood at $2.2 billion, up from $2.1 billion in the prior quarter.
- The five-year high for Operating Leases was $2.2 billion in Q1 2026, with the low at $1.8 billion in Q2 2024.
- Average Operating Leases over 5 years is $2.0 billion, with a median of $2.0 billion recorded in 2022.
- Year-over-year, Operating Leases dropped 13.03% in 2024 and increased 14.22% in 2025.
- Tracing SBAC's Operating Leases over 5 years: stood at $2.0 billion in 2022, then retreated by 8.43% to $1.9 billion in 2023, then rose by 1.92% to $1.9 billion in 2024, then increased by 11.45% to $2.1 billion in 2025, then increased by 1.52% to $2.2 billion in 2026.
- The last three Operating Leases figures came in at $2.2 billion (Q1 2026), $2.1 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.15 Bn |
| Dec 31, 2025 | 2.12 Bn |
| Sep 30, 2025 | 2.02 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.90 Bn |
| Sep 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 1.81 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 1.98 Bn |
| Jun 30, 2023 | 2.02 Bn |
| Mar 31, 2023 | 2.03 Bn |
| Dec 31, 2022 | 2.04 Bn |
| Sep 30, 2022 | 2.02 Bn |
| Jun 30, 2022 | 2.05 Bn |
| Mar 31, 2022 | 2.05 Bn |
| Dec 31, 2021 | 1.98 Bn |
| Sep 30, 2021 | 2.01 Bn |
| Jun 30, 2021 | 2.06 Bn |
| Mar 31, 2021 | 2.04 Bn |
| Dec 31, 2020 | 2.09 Bn |
| Sep 30, 2020 | 2.08 Bn |
| Jun 30, 2020 | 2.11 Bn |
| Mar 31, 2020 | 2.15 Bn |
| Dec 31, 2019 | 2.28 Bn |
| Sep 30, 2019 | 2.17 Bn |
| Jun 30, 2019 | 2.24 Bn |
| Mar 31, 2019 | 2.28 Bn |