SBA Communications Corp.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $715.3M | $703.4M | $719.6M | $732.3M | $699.0M | $664.2M | $693.7M | $667.6M |
| Cost of Revenue | $176.0M | $171.3M | $175.4M | $189.8M | $172.1M | $153.7M | $152.1M | $150.3M |
| Gross Profit | $539.3M | $532.1M | $544.2M | $542.5M | $526.9M | $510.6M | $541.6M | $517.3M |
| Gross Margin | 75.4% | 75.6% | 75.6% | 74.1% | 75.4% | 76.9% | 78.1% | 77.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $77.5M | $70.5M | $74.4M | $66.0M | $71.0M | $66.2M | $67.6M | $60.1M |
| Operating Income | $351.9M | $342.8M | $298.9M | $374.2M | $334.8M | $334.9M | $382.3M | $375.6M |
| Operating Margin | 49.2% | 48.7% | 41.5% | 51.1% | 47.9% | 50.4% | 55.1% | 56.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $232.5M | $236.0M | $432.3M | $289.1M | $260.8M | $259.9M | $155.9M | $298.2M |
| Income Tax Expense | $36.0M | $51.1M | $61.9M | $48.7M | $35.1M | $42.0M | $-22.9M | $42.3M |
| Net Income | $198.8M | $184.8M | $370.3M | $236.8M | $225.8M | $220.7M | $173.6M | $258.5M |
| Net Margin | 27.8% | 26.3% | 51.5% | 32.3% | 32.3% | 33.2% | 25.0% | 38.7% |
| EPS (Basic) | $1.87 | $1.75 | $3.48 | $2.21 | $2.10 | $2.05 | $1.61 | $2.41 |
| EPS (Diluted) | $1.87 | $1.74 | $3.47 | $2.20 | $2.09 | $2.04 | $1.61 | $2.40 |
| Shares Outstanding (Basic) | 106.1M | 105.8M | 107.2M | 107.3M | 107.5M | 107.7M | 107.6M | 107.5M |
| Shares Outstanding (Diluted) | 106.3M | 106.1M | 107.5M | 107.6M | 107.8M | 108.1M | 108.1M | 107.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |