State Ledger
Company profile

SBA COMMUNICATIONS CORP CIK 1034054

Ticker
SBAC (Nasdaq)
Industry
Real Estate Investment Trusts
Headquarters
Boca Raton, FL 33487
Fiscal year end
2025 (FY)
Market Data
Close
$182.67
Change
+$12.62
Change %
7.42%
Volume
164,175

SBAC · trading date Oct 9, 2026 · previous close $170.05 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$2.82B
Net income
$1.05B
Total assets
$11.58B
Total liabilities
—
Stockholders' equity
-$4.85B
Cash & equivalents
$264.57M
Operating income
$1.34B
Operating cash flow
$1.29B
Capital expenditures
$224.82M

Fiscal year 2025, via 10-K filed 2026-02-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
47.7%
Net margin
37.4%
Free cash flow
$1.07B
Free cash flow margin
37.9%
Liabilities / assets
—
Equity / assets
-41.9%
CapEx / revenue
8.0%
Operating cash flow / net income
1.23×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $2.82B $1.05B $11.58B — -$4.85B
2024 $2.68B $749.54M $11.42B — -$5.11B
2023 $2.71B $501.81M $10.18B — -$5.17B
2022 $2.63B $461.43M $10.59B — -$5.28B
2021 $2.31B $237.62M $9.80B — -$5.28B
Company Details
SIC code
6798
State of incorporation
FL
Active filer
Yes
Most recent SEC filing
Form 4
2026-08-19
Financials filed via
Form 10-K
filed 2026-02-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Boca Raton, FL 33487
8051 CONGRESS AVENUE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:24 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

← Back to Florida — Public Companies