Gross Profit for SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's current gross profit (TTM) is $1.79B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$1.79B
YoY change
-43.5%
5Y CAGR
-5.9%
Peak year (2023)
$2.08B
Cumulative gross profit
$22.38B
Gross Profit history chart for SBA Communications (SBAC) from 1998 to 2025
Gross Profit history table for SBA Communications (SBAC) from 1998 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $1.17B | -43.5% | ||
| 2024 | $2.07B | -0.3% | ||
| 2023 | $2.08B | +7.2% | ||
| 2022 | $1.94B | +11.7% | ||
| 2021 | $1.74B | +9.2% | ||
| 2020 | $1.59B | +5.6% | ||
| 2019 | $1.51B | +8.7% | ||
| 2018 | $1.39B | +9.2% | ||
| 2017 | $1.27B | +5.8% | ||
| 2016 | $1.20B | +1.4% | ||
| 2015 | $1.18B | +8.4% | ||
| 2014 | $1.09B | +24.3% | ||
| 2013 | $877.41M | +38.4% | ||
| 2012 | $634.14M | +28.0% | ||
| 2011 | $495.25M | +15.9% | ||
| 2010 | $427.18M | +13.9% | ||
| 2009 | $374.97M | +22.2% | ||
| 2008 | $306.79M | +25.3% | ||
| 2007 | $244.85M | +25.9% | ||
| 2006 | $194.52M | +62.0% | ||
| 2005 | $120.04M | +16.8% | ||
| 2004 | $102.80M | +11.5% | ||
| 2003 | $92.23M | -18.1% | ||
| 2002 | $112.56M | +14.6% | ||
| 2001 | $98.24M | +193.2% | ||
| 2000 | $33.51M | +17.2% | ||
| 1999 | $28.60M | +72.3% | ||
| 1998 | $16.60M | — |
Gross Profit values are taken from SBA Communications's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
SBA Communications (SBAC) most recent annual gross profit stands at $1.17B (2025) – plunged 43.5% year-over-year.
Through 2020–2025 (5 years), SBA Communications gross profit delivered a -5.9% annualised rate; with a net decline across the window.
SBA Communications gross profit peaked at $2.08B in 2023; the latest annual figure is $1.17B in 2025 (43.6% below peak).
2023 marks the peak gross profit at $2.08B, with the historical low of $16.60M recorded in 1998.
Within Real Estate, SBA Communications (SBAC) ranks 9th among 8 peers we track. The peer median for gross profit is $4.96B.
SBA Communications Gross Profit by Year
SBA Communications Gross Profit 2025: $1.17B
SBA Communications gross profit in 2025 was $1.17B, plunged 43.5% below 2024.
SBA Communications Gross Profit 2024: $2.07B
SBA Communications gross profit in 2024 was $2.07B, edged down 0.3% below 2023.
SBA Communications Gross Profit 2023: $2.08B
SBA Communications gross profit in 2023 was $2.08B, grew 7.2% from 2022. This figure represents the highest annual value in the available history.
SBA Communications Gross Profit 2022: $1.94B
SBA Communications gross profit in 2022 was $1.94B, grew 11.7% from 2021.
SBA Communications Gross Profit 2021: $1.74B
SBA Communications gross profit in 2021 was $1.74B.
See more financial history for SBA Communications (SBAC).
Sector peers — Gross Profit
Companies in the same sector as SBA Communications, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is SBA Communications's gross profit?
- Latest reported gross profit for SBA Communications (SBAC) is $1.79B (period ending December 31, 2025).
How has SBA Communications gross profit changed year-over-year?
- SBA Communications (SBAC) gross profit changed -43.5% year-over-year on the latest annual filing.
What is the long-term growth rate of SBA Communications gross profit?
- SBA Communications (SBAC) gross profit compound annual growth rate is -5.9% over the most recent 5 years available.
When did SBA Communications gross profit hit its highest annual value?
- SBA Communications gross profit reached its highest annual value of $2.08B in 2023.
What was SBA Communications gross profit in 2024?
- SBA Communications (SBAC) gross profit in 2024 was $2.07B.
What was SBA Communications gross profit in 2025?
- SBA Communications (SBAC) gross profit in 2025 was $1.17B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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