About SBA Communications Corporation
https://www.sbasite.comSBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services.

CEO
Brendan Thomas Cavanagh CPA
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 602
Ratings Snapshot
Rating : B-
Most Recent Analyst Grades

Raymond James
Strong Buy

TD Cowen
Buy

Citigroup
Buy

UBS
Buy

JMP Securities
Market Outperform

Citizens Capital Markets
Market Outperform
Grade Summary
Showing Top 6 of 14
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:18.16M
Value:$3.49B

BLACKROCK, INC.
Shares:10.01M
Value:$1.92B

DODGE & COX
Shares:9.67M
Value:$1.86B
Summary
Showing Top 3 of 881
About SBA Communications Corporation
https://www.sbasite.comSBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $732.33M ▲ | $168.37M ▼ | $236.82M ▲ | 32.34% ▲ | $2.21 ▲ | $486.12M ▲ |
| Q2-2025 | $698.98M ▲ | $186.22M ▲ | $225.79M ▲ | 32.3% ▼ | $2.1 ▲ | $448.68M ▲ |
| Q1-2025 | $664.25M ▼ | $168.29M ▲ | $220.73M ▲ | 33.23% ▲ | $2.05 ▲ | $432.99M ▼ |
| Q4-2024 | $693.7M ▲ | $152.66M ▲ | $173.63M ▼ | 25.03% ▼ | $1.61 ▼ | $462.51M ▲ |
| Q3-2024 | $667.6M | $136.27M | $258.53M | 38.73% | $2.41 | $448.73M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $431.07M ▲ | $11.26B ▲ | $16.12B ▲ | $-4.93B ▲ |
| Q2-2025 | $276.83M ▼ | $10.77B ▲ | $15.64B ▲ | $-4.94B ▲ |
| Q1-2025 | $702.18M ▲ | $10.44B ▼ | $15.35B ▼ | $-4.97B ▲ |
| Q4-2024 | $444.38M ▲ | $11.42B ▲ | $16.47B ▲ | $-5.11B ▲ |
| Q3-2024 | $202.58M | $10.2B | $15.33B | $-5.17B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $240.43M ▼ | $318.03M ▼ | $-78.31M ▲ | $-79.8M ▲ | $164.87M ▲ | $257.98M ▼ |
| Q2-2025 | $254.74M ▲ | $368.1M ▲ | $-580.96M ▼ | $-158.28M ▲ | $-363.58M ▲ | $312.23M ▲ |
| Q1-2025 | $217.91M ▲ | $301.18M ▼ | $238.27M ▲ | $-1.28B ▼ | $-736.55M ▼ | $255M ▲ |
| Q4-2024 | $178.79M ▼ | $310.17M ▲ | $-328.89M ▼ | $1.18B ▲ | $1.15B ▲ | $254.62M ▲ |
| Q3-2024 | $255.89M | $304.65M | $-273.9M | $-65.91M | $-31.65M | $239.9M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Domestic Site Leasing Revenue | $470.00M ▲ | $460.00M ▼ | $470.00M ▲ | $470.00M ▲ |
International Site Leasing Revenue | $170.00M ▲ | $160.00M ▼ | $160.00M ▲ | $190.00M ▲ |
Site Development Construction | $50.00M ▲ | $50.00M ▲ | $70.00M ▲ | $80.00M ▲ |

CEO
Brendan Thomas Cavanagh CPA
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 602
Ratings Snapshot
Rating : B-
Most Recent Analyst Grades

Raymond James
Strong Buy

TD Cowen
Buy

Citigroup
Buy

UBS
Buy

JMP Securities
Market Outperform

Citizens Capital Markets
Market Outperform
Grade Summary
Showing Top 6 of 14
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:18.16M
Value:$3.49B

BLACKROCK, INC.
Shares:10.01M
Value:$1.92B

DODGE & COX
Shares:9.67M
Value:$1.86B
Summary
Showing Top 3 of 881




