Net Income for SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's current net income (TTM) is $1.05B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.05B
YoY change
+40.6%
5Y CAGR
+112.9%
Peak year (2025)
$1.05B
Cumulative net income
$1.35B
Net Income history chart for SBA Communications (SBAC) from 1998 to 2025
Net Income history table for SBA Communications (SBAC) from 1998 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.05B | +40.6% | ||
| 2024 | $749.54M | +49.4% | ||
| 2023 | $501.81M | +8.8% | ||
| 2022 | $461.43M | +94.2% | ||
| 2021 | $237.62M | +885.8% | ||
| 2020 | $24.10M | -83.6% | ||
| 2019 | $146.99M | +209.8% | ||
| 2018 | $47.45M | -54.2% | ||
| 2017 | $103.65M | +36.0% | ||
| 2016 | $76.24M | -143.4% | ||
| 2015 | -$175.66M | +623.0% | ||
| 2014 | -$24.30M | -56.5% | ||
| 2013 | -$55.91M | -69.5% | ||
| 2012 | -$183.33M | +45.0% | ||
| 2011 | -$126.46M | -35.0% | ||
| 2010 | -$194.67M | +38.2% | ||
| 2009 | -$140.87M | +201.2% | ||
| 2008 | -$46.76M | -40.0% | ||
| 2007 | -$77.88M | -41.6% | ||
| 2006 | -$133.45M | +40.9% | ||
| 2005 | -$94.71M | -35.7% | ||
| 2004 | -$147.28M | -14.5% | ||
| 2003 | -$172.17M | -37.0% | ||
| 2002 | -$273.17M | +118.3% | ||
| 2001 | -$125.14M | +332.8% | ||
| 2000 | -$28.92M | -16.2% | ||
| 1999 | -$34.50M | +73.4% | ||
| 1998 | -$19.90M | — |
Net Income 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
In 2025, SBA Communications (SBAC) net income totalled $1.05B – surged 40.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, SBA Communications net income compounded at +112.9% per year, sustaining 5 straight years of year-over-year growth.
Across the available history, net income reached its high of $1.05B in 2025 and its low of -$273.17M in 2002.
Among 8 Real Estate peers, SBA Communications (SBAC) ranks 8th; the peer median for net income is $1.57B.
SBA Communications Net Income by Year
SBA Communications Net Income 2025: $1.05B
SBA Communications net income in 2025 was $1.05B, surged 40.6% from 2024. This figure represents the highest annual value in the available history.
SBA Communications Net Income 2024: $749.54M
SBA Communications net income in 2024 was $749.54M, surged 49.4% from 2023.
SBA Communications Net Income 2023: $501.81M
SBA Communications net income in 2023 was $501.81M, grew 8.8% from 2022.
SBA Communications Net Income 2022: $461.43M
SBA Communications net income in 2022 was $461.43M, surged 94.2% from 2021.
SBA Communications Net Income 2021: $237.62M
SBA Communications net income in 2021 was $237.62M.
See more financial history for SBA Communications (SBAC).
Sector peers — Net Income
Companies in the same sector as SBA Communications, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $4.61B | Real Estate |
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Public Storage (PSA) | $1.78B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
| Welltower Inc. (WELL) | $936.85M | Real Estate |
Frequently asked questions
What is SBA Communications's net income?
- Latest reported net income for SBA Communications (SBAC) is $1.05B (period ending December 31, 2025).
How has SBA Communications net income changed year-over-year?
- SBA Communications (SBAC) net income changed +40.6% year-over-year on the latest annual filing.
What is the long-term growth rate of SBA Communications net income?
- SBA Communications (SBAC) net income compound annual growth rate is +112.9% over the most recent 5 years available.
When did SBA Communications net income hit its highest annual value?
- SBA Communications net income reached its highest annual value of $1.05B in 2025.
What was SBA Communications net income in 2024?
- SBA Communications (SBAC) net income in 2024 was $749.54M.
What was SBA Communications net income in 2025?
- SBA Communications (SBAC) net income in 2025 was $1.05B.
Metrics overview
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