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SBA Communications SBAC Site Development Construction — Selling General And Administrative Expense

Other segment segments

Domestic Site Leasing Revenue
$31.36M+1.1%
International Site Leasing Revenue
$18.31M+5.1%
All Other Segments
$17.3M+18.7%

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Other financials

Income statement

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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

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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

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Operating cash flow$255.1M-15.3%
CapEx$48.4M+4.8%
Free cash flow$206.7M-18.9%

Valuation

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Market cap$18.72B-21.0%
Enterprise value$31.34B-13.0%
P/E18.4×-8.6×
P/S6.6×-2.1×

Profitability

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Gross margin93%-2.0pp
Operating margin47.3%-6.6pp
Net margin35.7%+5.3pp
FCF margin35.7%-6.2pp

Returns & leverage

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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:SellingGeneralAndAdministrativeExpense.

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

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Questions, answered.

What is SBA Communications's site development construction — selling general and administrative expense?
SBA Communications (SBAC) reported site development construction — selling general and administrative expense of $3.58M in Q1 2026.
How has SBA Communications's site development construction — selling general and administrative expense changed year-over-year?
SBA Communications's site development construction — selling general and administrative expense increased by 11.3% year-over-year, from $3.22M to $3.58M.
What is the long-term trend for SBA Communications's site development construction — selling general and administrative expense?
Over 4 years (2021 to 2025), SBA Communications's site development construction — selling general and administrative expense has grown at a -11.0% compound annual growth rate (CAGR), from $20.64M to $12.94M.
What does site development construction — selling general and administrative expense mean?
Represents the indirect costs allocated to the site development and construction segment, including management salaries, office overhead, and administrative support. These expenses are necessary to support the segment's operations but are not directly tied to specific construction projects. It is a key indicator of the segment's operational overhead.