Discontinued — last reported Q4 '25

Revenue

Rental income

SBA Communications Rental income decreased by 1.5% to $656.15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $616.21M to $656.15M. Over 4 years (FY 2021 to FY 2025), Rental income shows an upward trend with a 5.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2025
Parent metricTotal Revenue

How to read this metric

An increase indicates higher utilization of the rental fleet or increased demand for short-term asset access.

Detailed definition

This represents revenue derived from leasing assets, such as machinery or real estate, to third parties for a specified...

Peer comparison

Common in capital-intensive industries that offer equipment-as-a-service models.

Metric ID: rental_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$524.10M$535.49M$539.27M$559.43M$580.23M$587.30M$609.61M$617.27M$626.14M$637.44M$636.08M$628.28M$626.46M$625.70M$646.34M$616.21M$631.79M$656.43M$666.22M$656.15M
QoQ Change+2.2%+0.7%+3.7%+3.7%+1.2%+3.8%+1.3%+1.4%+1.8%-0.2%-1.2%-0.3%-0.1%+3.3%-4.7%+2.5%+3.9%+1.5%-1.5%
YoY Change+10.7%+9.7%+13.0%+10.3%+7.9%+8.5%+4.3%+1.8%+0.1%-1.8%+1.6%-1.9%+0.9%+4.9%+3.1%+6.5%
% of Total Revenue91.1%90.9%90.6%90.3%89.0%86.9%88.9%91.4%92.3%93.4%94.2%95.5%94.8%93.7%93.2%92.8%90.4%89.6%92.6%93.3%
Share Change-0.2pp-0.3pp-0.3pp-1.3pp-2.1pp+1.9pp+2.5pp+0.9pp+1.1pp+0.8pp+1.3pp-0.7pp-1.1pp-0.6pp-0.4pp-2.4pp-0.8pp+2.9pp+0.7pp
Range$524.10M$666.22M
CAGR+4.8%
Avg YoY Growth+5.0%
Median YoY Growth+4.6%

Frequently Asked Questions

What is SBA Communications's rental income?
SBA Communications (SBAC) reported rental income of $656.15M in Q1 2026.
How has SBA Communications's rental income changed year-over-year?
SBA Communications's rental income increased by 6.5% year-over-year, from $616.21M to $656.15M.
What is the long-term trend for SBA Communications's rental income?
Over 4 years (2021 to 2025), SBA Communications's rental income has grown at a 5.1% compound annual growth rate (CAGR), from $2.10B to $2.57B.
What does rental income mean?
Revenue generated from renting out company-owned assets.