Companies: 10,795·Total market cap: $144.5T
SBA Communications Corporation

SBA Communications Corporation

SBACNASDAQReal Estate● Active
$200.10
$-7.92(-3.81%)
Market Cap$21.2B
P/E Ratio
52W High$243.16
52W Low$162.41

SBA Communications Corporation (SBAC) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

SBAC · net income · updated Jun 9, 2026

Core profitability metrics

Net income was $1.05B for FY2025 (fiscal year ending 2025-12-31), up 40.6% year-over-year. Net profit margin was 37.4%. Based on available data, SBA Communications Corporation has been profitable since at least 2016.

FY2025 Net Income$1.05B▲ +40.6% YoY
Trailing 12M (TTM)$1.02Btrailing 4 quarters sum
Net Profit Margin37.4%$1.05B ÷ $2.82B
YoY Change+40.6%
5-Year CAGR+112.9%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2016

▸ FMP /income-statement · Annual · SBAC net income history · SBAC profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$1.05B▲ +40.6%37.4%
FY2024$749.5M▲ +49.4%28.0%
FY2023$501.8M▲ +8.8%18.5%
FY2022$461.4M▲ +94.2%17.5%
FY2021$237.6M▲ +885.8%10.3%

Net income vs peers (Real Estate)

#CompanyNet IncomeYoY
#1
SBA Communications Corporation
SBA Communications CorporationYOU
SBAC
$1.05B+40.6%
#2
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$4.61B+94.7%
#3
Prologis, Inc.
Prologis, Inc.
PLD
$3.41B-8.6%
#4
American Tower Corporation
American Tower Corporation
AMT
$2.53B+12.2%
#5
Equinix, Inc.
Equinix, Inc.
EQIX
$1.35B+65.6%
#6
Welltower Inc.
Welltower Inc.
WELL
$936.8M-1.6%
Real Estate · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

SBA Communications Corporation (SBAC) reported net income of $1.05B for FY2025 (fiscal year ending 2025-12-31), up 40.6% year-over-year. The net profit margin was 37.4% — meaning the company kept $0.37 of every dollar of revenue as profit.

Based on available data, SBA Communications Corporation has been profitable since at least 2016. Net income reached a peak of $1.05B in FY2025. Data available for 15 fiscal years.

SBA Communications Corporation's net profit margin was 37.4% for FY2025, based on the latest annual results.

Investors sometimes search for "SBA Communications Corporation net worth" — the company's market capitalization is a separate figure from SBAC net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

SBAC net income · 5 questions

SBA Communications Corporation is profitable. The company reported net income of $1.05B for FY2025, a net profit margin of 37.4%. Net income was up 40.6% year-over-year. Based on available data, SBA Communications Corporation has been profitable since at least 2016.

is SBAC profitabledoes SBAC make a profitSBAC profitabilitySBAC profitable company

Source: FMP /income-statement · GAAP · SBA Communications Corporation · SBA Communications Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026