TTM
$1.36B
YoY change
-4.6%
5Y CAGR
+16.7%
Peak year (2024)
$1.44B
Cumulative operating income
$9.46B
Operating Income history chart for SBA Communications (SBAC) from 1998 to 2025
Latest: $1.37B
Operating Income growth chart for SBA Communications (SBAC) from 1998 to 2025
Latest: -4.6%
Operating Income history table for SBA Communications (SBAC) from 1998 to 2025
| 2025 | $1.37B | -4.6% | −$65.66M | ||
| 2024 | $1.44B | +55.4% | +$512.10M | ||
| 2023 | $923.66M | -0.2% | −$1.75M | ||
| 2022 | $925.41M | +18.3% | +$142.91M | ||
| 2021 | $782.50M | +23.5% | +$148.80M | ||
| 2020 | $633.69M | +8.6% | +$50.21M | ||
| 2019 | $583.49M | +7.2% | +$39.32M | ||
| 2018 | $544.17M | +18.7% | +$85.67M | ||
| 2017 | $458.50M | +18.4% | +$71.19M | ||
| 2016 | $387.31M | +24.0% | +$74.85M | ||
| 2015 | $312.46M | -7.2% | −$24.07M | ||
| 2014 | $336.52M | +46.5% | +$106.88M | ||
| 2013 | $229.65M | +49.6% | +$76.12M | ||
| 2012 | $153.53M | +38.7% | +$42.87M | ||
| 2011 | $110.66M | +49.0% | +$36.39M | ||
| 2010 | $74.27M | +35.2% | +$19.32M | ||
| 2009 | $54.95M | +20.6% | +$9.37M | ||
| 2008 | $45.58M | +51.7% | +$15.54M | ||
| 2007 | $30.05M | +54.0% | +$10.54M | ||
| 2006 | $19.51M | +365.0% | +$15.31M | ||
| 2005 | $4.20M | -117.6% | +$28.08M | ||
| 2004 | −$23.88M | -44.3% | +$18.98M | ||
| 2003 | −$42.87M | -58.4% | +$60.07M | ||
| 2002 | −$102.93M | +114.6% | −$54.97M | ||
| 2001 | −$47.97M | +64.7% | −$18.84M | ||
| 2000 | −$29.12M | -0.6% | +$175.08K | ||
| 1999 | −$29.30M | +25.8% | −$6.00M | ||
| 1998 | −$23.30M | — | — |
- 2025$1.37B-4.6%
- 2024$1.44B+55.4%
- 2023$923.66M-0.2%
- 2022$925.41M+18.3%
- 2021$782.50M+23.5%
- 2020$633.69M+8.6%
- 2019$583.49M+7.2%
- 2018$544.17M+18.7%
- 2017$458.50M+18.4%
- 2016$387.31M+24.0%
- 2015$312.46M-7.2%
- 2014$336.52M+46.5%
- 2013$229.65M+49.6%
- 2012$153.53M+38.7%
- 2011$110.66M+49.0%
- 2010$74.27M+35.2%
- 2009$54.95M+20.6%
- 2008$45.58M+51.7%
- 2007$30.05M+54.0%
- 2006$19.51M+365.0%
- 2005$4.20M-117.6%
- 2004−$23.88M-44.3%
- 2003−$42.87M-58.4%
- 2002−$102.93M+114.6%
- 2001−$47.97M+64.7%
- 2000−$29.12M-0.6%
- 1999−$29.30M+25.8%
- 1998−$23.30M—
Operating Income values are taken from SBA Communications's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's current operating income (TTM) is $1.36B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for SBA Communications (SBAC) came in at $1.37B – edged down 4.6% year-over-year.
Over 2020–2025 (5 years), SBA Communications operating income expanded at a +16.7% compound annual rate, with mixed annual results across the window.
SBA Communications operating income edged down from $1.44B in 2024 to $1.37B in 2025, a 4.6% drawdown.
The highest annual operating income of $1.44B was reported in 2024. The lowest in the available history was −$102.93M in 2002.
SBA Communications Operating Income by Year
SBA Communications Operating Income 2025: $1.37B
In 2025, SBA Communications reported operating income of $1.37B, edged down 4.6% below 2024.
SBA Communications Operating Income 2024: $1.44B
SBA Communications operating income in 2024 was $1.44B, surged 55.4% from 2023. This figure represents the highest annual value in the available history.
SBA Communications Operating Income 2023: $923.66M
2023's operating income for SBA Communications came in at $923.66M, edged down 0.2% below 2022.
SBA Communications Operating Income 2022: $925.41M
SBA Communications posted operating income of $925.41M in 2022, grew 18.3% from 2021.
SBA Communications Operating Income 2021: $782.50M
SBA Communications operating income in 2021 was $782.50M.
See more financial history for SBA Communications (SBAC).
Sector peers by Operating Income
Real Estate peers of SBA Communications (SBAC), ranked by their latest operating income
| $4.88B | |
| $3.54B | |
| $3.18B | |
| $2.25B | |
| $1.85B | |
| $1.63B | |
| $658.49M | |
| $355.17M |
- $4.88B
- $3.54B
- $2.25B
- $1.85B
- $1.63B
- $658.49M
- $355.17M
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