KPIs & Operating Metrics(New)
Growth Metrics

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 🔒
DateValue
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