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

Sba Communications has reported Operating Margin for 17 years, with the latest figure at 49.19% in Q2 2026.

• On a quarterly basis, Operating Margin rose 130.0% year-over-year to 49.19% in Q2 2026; TTM through Jun 2026 was 47.65%, a 475.0% decrease from a year earlier, with the FY2025 full-year figure at 47.7%, down 588.0% from the prior year.
• Operating Margin was 49.19% for Q2 2026 at Sba Communications, up from 48.74% in the prior quarter.
• The five-year high for Operating Margin was 56.26% in Q3 2024, with the low at 31.06% in Q4 2023.
• Average Operating Margin over 5 years is 43.33%, with a median of 44.72% recorded in 2025.
• The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 2405 bps in 2024, then tumbled 1357 bps in 2025.
• Over 5 years, Operating Margin stood at 34.2% in 2022, then retreated by 9 bps to 31.06% in 2023, then surged by 77 bps to 55.12% in 2024, then decreased by 25 bps to 41.54% in 2025, then grew by 18 bps to 49.19% in 2026.
• The last three Operating Margin figures came in at 49.19% (Q2 2026), 48.74% (Q1 2026), and 41.54% (Q4 2025), per Business Quant data.