What is SBA Communications's operating income?

SBA Communications (SBAC) reported operating income of $342.85M in Q1 2026.

How has SBA Communications's operating income changed year-over-year?

SBA Communications's operating income increased by 2.4% year-over-year, from $334.91M to $342.85M.

What is the long-term trend for SBA Communications's operating income?

Over 4 years (2021 to 2025), SBA Communications's operating income has grown at a 14.5% compound annual growth rate (CAGR), from $782.5M to $1.34B.

What does operating income mean?

The profit or loss generated from core business operations, calculated as total revenue minus all operating expenses. This excludes interest, taxes, and other non-operating items.

SBA Communications SBAC Operating Income

Operating Income at other companies

Ionis PharmaceuticalsIONS

-$117.42M+20.0%

RBC BearingsRBC

$119.1M+18.3%

SBA CommunicationsSBAC

$342.85M+2.4%

McCormick & Company, IncorporatedMKC

$227.5M+1.0%

CSXCSX

$1.25B+20.4%

Henry ScheinHSIC

$182M+4.0%

Segments

By segment

See full

Domestic Site Leasing Revenue$278.2M-8.5%

International Site Leasing Revenue$80.4M+90.4%

All Other Segments-$18.94M-11.2%

Site Development Construction$3.19M-44.9%

Other financials

Income statement

See full

Revenue$703.4M+5.9%

Gross profit$664.0M+6.1%

Operating income$342.8M+2.4%

Net income$184.8M-16.3%

EPS (diluted)$1.74-14.7%

Balance sheet

See full

Cash & equivalents$332.5M-49.9%

Total debt$13.0B+4.3%

Total equity-$4.8B+4.4%

Total assets$11.7B+12.2%

Cash flow

See full

Operating cash flow$255.1M-15.3%

CapEx$48.4M+4.8%

Free cash flow$206.7M-18.9%

Valuation

See full

Market cap$19.82B-23.2%

Enterprise value$32.45B-13.1%

P/E19.5×-12.2×

P/S6.9×-2.7×

Profitability

See full

Gross margin93%-2.0pp

Operating margin47.3%-6.6pp

Net margin35.7%+5.3pp

FCF margin35.7%-6.2pp

Returns & leverage

See full

Return on equity-11.1%—

Debt / equity-2.7×—

Current ratio0.2×-0.5×

Where this comes from

Reported directly by SBA Communications in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: SBA Communications’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about SBA Communications's operating income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is SBA Communications's operating income?: SBA Communications (SBAC) reported operating income of $342.85M in Q1 2026.
How has SBA Communications's operating income changed year-over-year?: SBA Communications's operating income increased by 2.4% year-over-year, from $334.91M to $342.85M.
What is the long-term trend for SBA Communications's operating income?: Over 4 years (2021 to 2025), SBA Communications's operating income has grown at a 14.5% compound annual growth rate (CAGR), from $782.5M to $1.34B.
What does operating income mean?: The profit or loss generated from core business operations, calculated as total revenue minus all operating expenses. This excludes interest, taxes, and other non-operating items.