| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Site leasing | $2.57B+1.7% | $2.53B+0.4% | $2.52B+7.7% | $2.34B+11.0% | $2.10B+7.7% | $1.95B+5.0% | $1.86B+6.9% | $1.74B+7.2% | $1.62B |
| Site development | $244.5M+59.9% | $152.9M-21.5% | $194.6M-34.4% | $296.9M+45.0% | $204.7M+59.1% | $128.7M-16.3% | $153.8M+22.8% | $125.3M+19.9% | $104.5M |
| Total revenues | $2.82B+5.1% | $2.68B-1.2% | $2.71B+3.0% | $2.63B+14.1% | $2.31B+10.8% | $2.08B+3.4% | $2.01B+8.0% | $1.87B+8.0% | $1.73B |
| Cost of site leasing | $492.0M+6.3% | $463.0M-2.0% | $472.7M+6.1% | $445.7M+15.3% | $386.4M+3.4% | $373.8M-0.0% | $374.0M+0.4% | $372.3M+3.6% | $359.5M |
| Cost of site development | $199.0M+67.6% | $118.7M-15.2% | $139.9M-37.2% | $223.0M+40.1% | $159.1M+54.8% | $102.8M-13.7% | $119.1M+23.4% | $96.5M+11.2% | $86.8M |
| Selling, general, and administrative expenses | $277.6M+7.3% | $258.8M-3.4% | $267.9M+2.3% | $261.9M+19.0% | $220.0M+13.3% | $194.3M+0.8% | $192.7M+35.2% | $142.5M+9.1% | $130.7M |
| Acquisition and new business initiatives related adjustments and expenses | $27.3M+5.3% | $25.9M+19.7% | $21.7M-19.2% | $26.8M-2.9% | $27.6M+66.6% | $16.6M+8.9% | $15.2M+38.9% | $11.0M-11.4% | $12.4M |
| Asset impairment and decommission costs | $184.2M+70.6% | $107.9M-36.3% | $169.4M+292.5% | $43.2M+30.6% | $33.0M-17.6% | $40.1M+21.1% | $33.1M+22.0% | $27.1M-26.1% | $36.7M |
| Depreciation, accretion, and amortization | $292.3M+8.4% | $269.5M-62.4% | $716.3M+1.2% | $707.6M+1.1% | $700.2M-3.0% | $722.0M+3.6% | $697.1M+3.7% | $672.1M+4.5% | $643.1M |
| Total operating expenses | $1.47B+18.4% | $1.24B-30.4% | $1.79B+4.7% | $1.71B+11.9% | $1.53B+5.3% | $1.45B+1.3% | $1.43B+8.3% | $1.32B+4.1% | $1.27B |
| Operating income | $1.34B-6.5% | $1.44B+55.4% | $923.7M-0.2% | $925.4M+18.3% | $782.5M+23.5% | $633.7M+8.6% | $583.5M+7.2% | $544.2M+18.7% | $458.5M |
| Interest income | $31.7M-24.5% | $42.0M+129.2% | $18.3M+80.6% | $10.1M+193.9% | $3.4M+15.7% | $3.0M-45.8% | $5.5M-18.3% | $6.7M-40.6% | $11.3M |
| Interest expense | -$467.9M-17.0% | -$399.8M+0.1% | -$400.4M-13.2% | -$353.8M-0.2% | -$352.9M+4.1% | -$367.9M+5.7% | -$390.0M-3.7% | -$376.2M-16.2% | -$323.7M |
| Non-cash interest expense | -$8.9M+68.0% | -$27.7M+22.9% | -$35.9M+22.2% | -$46.1M+2.1% | -$47.1M-89.3% | -$24.9M-678.9% | -$3.2M-20.9% | -$2.6M+8.3% | -$2.9M |
| Amortization of deferred financing fees | -$21.9M-2.8% | -$21.3M-4.9% | -$20.3M-2.2% | -$19.8M-1.3% | -$19.6M+2.3% | -$20.1M+10.7% | -$22.5M-10.7% | -$20.3M+7.5% | -$21.9M |
| Loss from extinguishment of debt, net | -$5.9M | — | — | — | — | -$19.5M-4158.9% | -$457K+96.8% | -$14.4M-636.5% | -$2.0M |
| Other income (expense), net | $366.2M+246.2% | -$250.4M-497.2% | $63.1M+502.4% | $10.5M+114.1% | -$74.3M+66.6% | -$222.2M-1680.9% | $14.1M+116.4% | -$85.6M-3441.1% | -$2.4M |
| Total other expense, net | -$100.7M+84.8% | -$663.1M-76.8% | -$375.2M+6.1% | -$399.6M+24.6% | -$529.9M+18.7% | -$651.4M-64.3% | -$396.6M+19.5% | -$492.5M-44.2% | -$341.6M |
| Income before income taxes | $1.24B+60.7% | $772.7M+40.9% | $548.5M+4.3% | $525.8M+108.2% | $252.6M+1523.0% | -$17.7M-109.5% | $186.9M+261.6% | $51.7M-55.8% | $116.9M |
| Provision for income taxes | -$187.6M-682.0% | -$24.0M+53.0% | -$51.1M+22.6% | -$66.0M-342.1% | -$14.9M-135.7% | $41.8M+205.5% | -$39.6M-835.6% | -$4.2M+68.0% | -$13.2M |
| Net income | $1.05B+40.8% | $748.7M+50.5% | $497.4M+8.2% | $459.8M+93.5% | $237.6M+888.2% | $24.0M-83.7% | $147.3M+210.4% | $47.5M-54.2% | $103.7M |
| Net (income) loss attributable to noncontrolling interests | -$824K-195.9% | $859K-80.5% | $4.4M+169.8% | $1.6M | — | — | — | — | — |
| Net income attributable to SBA Communications Corporation | $1.05B+40.6% | $749.5M+49.4% | $501.8M+8.8% | $461.4M+94.2% | $237.6M+885.8% | $24.1M-83.6% | $147.0M+209.8% | $47.5M-54.2% | $103.7M |
| Basic | $107.2M-0.4% | $107.6M-0.5% | $108.2M+0.2% | $108.0M-1.3% | $109.3M-2.0% | $111.5M-1.1% | $112.8M-1.8% | $114.9M-4.1% | $119.9M |
| Diluted | $107.5M-0.5% | $108.1M-0.8% | $108.9M-0.4% | $109.4M-1.6% | $111.2M-2.0% | $113.5M-1.1% | $114.7M-1.6% | $116.5M-3.7% | $121.0M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.