SB
SBAC
Quarter ended Dec 31, 2025 · FY2025 FY

SBA Communications (SBAC) Revenue — Quarter Ended Dec 31, 2025

Revenue for the quarter increased sharply compared to the immediately preceding quarter. The reported figure also rose modestly relative to the same quarter one year earlier.

Key takeaway

Quarter ended Dec 31, 2025 · FY2025 FY

Revenue for the quarter increased sharply compared to the immediately preceding quarter. The reported figure also rose modestly relative to the same quarter one year earlier.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$719.6M

Revenue reported for this quarter.

Quarter-over-quarter

+848.1%

Change from the immediately preceding quarter.

Year-over-year

+3.7%

Change from the comparable year-ago quarter.

Trailing four quarters

$910.7M

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Mar 31, 2025$48M-92.7%
Jun 30, 2025$67.2M+111.3%
Sep 30, 2025$75.9M+81.2%
Dec 31, 2025$719.6M+3.7%

Revenue performance

The quarter's revenue was substantially higher than the prior quarter, reflecting a significant sequential acceleration. On a year-over-year basis, revenue showed a moderate gain.

Quarterly comparison

Compared to the immediately preceding quarter, revenue experienced a very large percentage increase. Versus the same quarter one year earlier, the improvement was more contained.

What to watch

The trailing twelve-month revenue figure is notably lower than the current quarter's annualized level, suggesting a potential seasonal or one-time factor.

SBA Communications (SBAC) Revenue — Quarter Ended Dec 31, 2025