Operating Expenses

SG&A

SBA Communications SG&A decreased by 5.1% to $70.55M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $66.22M to $70.55M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

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$53.95M$51.00M$63.48M$62.12M$63.27M$65.84M$70.61M$72.21M$63.38M$64.82M$67.52M$68.70M$62.38M$60.09M$67.60M$66.22M$71.02M$66.01M$74.36M$70.55M
QoQ Change-5.5%+24.5%-2.1%+1.9%+4.1%+7.2%+2.3%-12.2%+2.3%+4.2%+1.7%-9.2%-3.7%+12.5%-2.0%+7.3%-7.1%+12.7%-5.1%
YoY Change+17.3%+29.1%+11.2%+16.2%+0.2%-1.6%-4.4%-4.9%-1.6%-7.3%+0.1%-3.6%+13.9%+9.9%+10.0%+6.5%
Range$51.00M$74.36M
CAGR+5.8%
Avg YoY Growth+5.7%
Median YoY Growth+3.4%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Domestic Site Leasing Revenue$33.61M$32.11M$32.56M$31.01M$31.52M$30.89M$36.04M$31.36M
International Site Leasing Revenue$15.78M$15.26M$17.84M$17.42M$20.80M$16.71M$17.93M$18.31M
All Other Segments$10.05M$9.87M$13.43M$14.57M$15.64M$15.02M$17.14M$17.30M
Site Development Construction$2.94M$2.85M$3.76M$3.22M$3.07M$3.39M$3.26M$3.58M
Total$62.38M$60.09M$67.60M$66.22M$71.02M$66.01M$74.36M$70.55M

Frequently Asked Questions

What is SBA Communications's sg&a?
SBA Communications (SBAC) reported sg&a of $70.55M in Q1 2026.
How has SBA Communications's sg&a changed year-over-year?
SBA Communications's sg&a increased by 6.5% year-over-year, from $66.22M to $70.55M.
What is the long-term trend for SBA Communications's sg&a?
Over 4 years (2021 to 2025), SBA Communications's sg&a has grown at a 6.0% compound annual growth rate (CAGR), from $220.03M to $277.61M.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.