SBA Communications (SBAC) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter declined sharply compared to both the prior quarter and the same quarter last year. The sequential drop was steeper than the year-over-year decline.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter declined sharply compared to both the prior quarter and the same quarter last year. The sequential drop was steeper than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$48M
Revenue reported for this quarter.
Quarter-over-quarter
-93.1%
Change from the immediately preceding quarter.
Year-over-year
-92.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$189.4M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | -$594.3M | -5.2% |
| Sep 30, 2024 | $41.9M | -7.1% |
| Dec 31, 2024 | $693.7M | +2.8% |
| Mar 31, 2025 | $48M | -92.7% |
Revenue performance
Reported revenue fell significantly from the immediately preceding quarter. The year-over-year comparison also showed a substantial decrease.
Quarterly comparison
Compared to the prior quarter, revenue decreased markedly. Relative to the same quarter one year earlier, revenue was also much lower.
What to watch
The magnitude of the sequential revenue decline may warrant monitoring in upcoming filings.