When did SBA Communications report Q4 2024 earnings?

SBA Communications (SBAC) reported Q4 2024 earnings on February 24, 2025 after market close.

What were SBA Communications's Q4 2024 revenue and EPS?

SBA Communications reported revenue of $693.7M and diluted EPS of $1.61 for Q4 2024.

Did SBA Communications beat estimates in Q4 2024?

Revenue beat the consensus estimate of $682.3M by $11.4M. EPS missed the consensus estimate of $2.08 by $0.47.

Where can I find SBA Communications's Q4 2024 SEC filings?

You can read the 10-K periodic report (0001034054-25-000002) directly on SEC EDGAR. The filing index links above go to sec.gov.

SBA Communications SBAC Q4 2024 Annual earnings

Reported February 24, 2025 · After market close

Revenue$693.7MBeat by $11.4M Diluted EPS$1.61Miss by $0.47

Revenue estimate$682.3M

EPS estimate$2.08

Next report

Aug 3, 2026 (In 3 weeks)

Revenue estimate$705.7M

EPS estimate$1.84

Financials

Q4 2024

Income statement

See full

Revenue$693.7M+2.8%

Gross profit$657.7M+1.2%

Operating income$382.3M+82.3%

Net income$173.6M+58.5%

EPS (diluted)$1.61+59.4%

Balance sheet

See full

Cash & equivalents$1.4B+458%

Total debt$15.8B+8.9%

Total equity-$5.1B+1.2%

Total assets$11.4B+12.2%

Cash flow

See full

Operating cash flow$310.2M-28.3%

CapEx$55.5M-11.4%

Free cash flow$254.6M-31.2%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$21.91B-20.0%

Enterprise value$36.27B-12.8%

P/E29.2×-25.3×

P/S8.2×-1.9×

Profitability

See full

Gross margin95.6%+0.7pp

Operating margin53.6%+19.5pp

Net margin28%+9.5pp

FCF margin41.3%-6.9pp

Returns & leverage

See full

Current ratio1.1×+0.7×

Segments

By segment

See full

Domestic Site Leasing Revenue$471.9M+1.1%

International Site Leasing Revenue$174.5M+2.9%

Site Development Construction$47.4M+21.6%

Versus estimates

Revenue

Q1 2026$703.4MBeat by $7.2M Q4 2025$719.6MMiss by $6.2M Q3 2025$732.3MBeat by $6.5M Q2 2025$699.0MMiss by $2.0M Q1 2025$664.2MBeat by $1.9M

Q4 2024$693.7MBeat by $11.4M

Diluted EPS

Q1 2026$1.74Miss by $0.20 Q4 2025$3.47Miss by $0.42 Q3 2025$3.32Beat by $0.28 Q2 2025$2.09Miss by $1.03 Q1 2025$1.77Miss by $1.35

Q4 2024$1.61Miss by $0.47

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Questions, answered.

When did SBA Communications report Q4 2024 earnings?: SBA Communications (SBAC) reported Q4 2024 earnings on February 24, 2025 after market close.
What were SBA Communications's Q4 2024 revenue and EPS?: SBA Communications reported revenue of $693.7M and diluted EPS of $1.61 for Q4 2024.
Did SBA Communications beat estimates in Q4 2024?: Revenue beat the consensus estimate of $682.3M by $11.4M. EPS missed the consensus estimate of $2.08 by $0.47.
Where can I find SBA Communications's Q4 2024 SEC filings?: You can read the 10-K periodic report (0001034054-25-000002) directly on SEC EDGAR. The filing index links above go to sec.gov.