SBA Communications Corp (SBAC) Financials
Key financial figures for SBA Communications Corp (Q3 2026).
SBA's Q3 2026 AFFO per share was $3.19, down 3.3% from $3.30, as domestic site leasing revenue fell 3.4% while international rose 13.3%; the full-year AFFO per share outlook was raised at the midpoint to $12.15 to $12.37. Total revenues were $713.9M versus $732.3M a year earlier (calculated -2.5%). Site leasing revenue rose 1.4% to $665.4M, while site development revenue fell 36.0% to $48.6M from $75.9M. GAAP diluted EPS was $2.19 versus $2.20 (-0.6%), and net income attributable to SBA was $231.3M. The calendar estimates (EPS 2.09, revenue $724.07M) do not state their basis, so no EPS beat or miss is called; total revenues of $713.9M sat below the $724.07M revenue estimate (calculated -1.4%). On the outlook: Updated full year 2026 Outlook (versus the August 3, 2026 Outlook, changes measured at the midpoint): site leasing revenue $2,643.0M to $2,658.0M (down $13.0M), total revenues $2,833.0M to $2,858.0M (down $18.0M), Adjusted EBITDA $1,918.0M to $1,928.0M (down $7.0M), AFFO $1,284.0M to $1,308.0M (up $2.0M), AFFO per share $12.15 to $12.37 (up $0.08), on an assumed 105.7M diluted shares and without any further share repurchases. The Chile and Ecuador sales reduced the outlook by about $10.0M of site leasing revenue and $4.0M of Adjusted EBITDA; the Peru sale is not included. Figures are for Q3 2026, as SBA Communications Corporation reported them.
- Revenue
- $714M
- Net Income
- $231M
- EPS
- $2.19
- Total Assets
- $11.6B
- Operating Cash Flow
- $325M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $714M | $231M | $2.19 | 51.51% | $252M |
| Q2 FY2026 | $715M | $199M | $1.87 | 60.57% | $345M |
| Q1 FY2026 | $703M | $185M | $1.74 | 48.74% | $207M |
| Q4 FY2025 | $720M | $370M | $3.47 | 42.78% | $241M |
| Q3 FY2025 | $732M | $237M | $2.20 | 51.09% | $258M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.8B | $1.1B | $9.80 | 48.67% | $1.1B |
| FY2024 | $2.7B | $750M | $6.94 | 53.58% | $1.1B |
| FY2023 | $2.7B | $502M | $4.61 | 34.06% | $1.3B |
Frequently asked questions
What was SBA Communications Corporation's revenue last quarter?
SBA Communications Corporation reported revenue of $713.9 million for Q3 FY2026, down 2.5% from the same period a year earlier.
Is SBA Communications Corporation profitable?
Yes. SBA Communications Corporation reported net income of $231.3 million for Q3 FY2026, a net margin of 32.4% on revenue.
How has SBA Communications Corporation's margin trended?
Operating margin was 51.51% in Q3 FY2026, compared with 51.09% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did SBA Communications Corporation generate?
SBA Communications Corporation generated free cash flow of $252.3 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for SBA Communications Corp on SentiSense, with up to forty quarters and twenty fiscal years of history.