SBA Communications (SBAC) Revenue & Revenue Breakdown

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SBA Communications Revenue Highlights

Latest Revenue (Y)

$2.82B

Latest Revenue (Q)

$732.33M

Main Segment (Y)

Domestic Site Leasing Revenue

Main Geography (Y)

Domestic Site Leasing Revenue

SBA Communications Revenue by Period

SBA Communications Revenue by Year

Date	Revenue	Change
2025-12-31	$2.82B	5.06%
2024-12-31	$2.68B	-1.18%
2023-12-31	$2.71B	2.97%
2022-12-31	$2.63B	14.06%
2021-12-31	$2.31B	10.83%
2020-12-31	$2.08B	3.40%
2019-12-31	$2.01B	7.98%
2018-12-31	$1.87B	7.99%
2017-12-31	$1.73B	5.79%
2016-12-31	$1.63B	-0.33%
2015-12-31	$1.64B	7.30%
2014-12-31	$1.53B	17.02%
2013-12-31	$1.30B	36.77%
2012-12-31	$954.08M	36.65%
2011-12-31	$698.17M	11.42%
2010-12-31	$626.62M	12.80%
2009-12-31	$555.51M	16.96%
2008-12-31	$474.95M	16.35%
2007-12-31	$408.20M	16.26%
2006-12-31	$351.10M	35.04%
2005-12-31	$259.99M	12.32%
2004-12-31	$231.48M	9.16%
2003-12-31	$212.06M	-19.88%
2002-12-31	$264.67M	8.97%
2001-12-31	$242.89M	44.66%
2000-12-31	$167.91M	93.00%
1999-12-31	$87.00M	47.21%
1998-12-31	$59.10M	-

SBA Communications generated $2.82B in revenue during NA 2025, up 5.06% compared to the previous quarter, and up 135.14% compared to the same period a year ago.

SBA Communications Revenue by Quarter

Date	Revenue	Change
2025-09-30	$732.33M	4.77%
2025-06-30	$698.98M	5.23%
2025-03-31	$664.25M	-4.25%
2024-12-31	$693.70M	3.91%
2024-09-30	$667.60M	1.08%
2024-06-30	$660.48M	0.40%
2024-03-31	$657.86M	-2.54%
2023-12-31	$675.02M	-1.10%
2023-09-30	$682.54M	0.60%
2023-06-30	$678.50M	0.44%
2023-03-31	$675.52M	-1.54%
2022-12-31	$686.09M	1.56%
2022-09-30	$675.58M	3.62%
2022-06-30	$652.01M	5.20%
2022-03-31	$619.77M	4.14%
2021-12-31	$595.14M	0.99%
2021-09-30	$589.30M	2.39%
2021-06-30	$575.53M	4.88%
2021-03-31	$548.74M	2.39%
2020-12-31	$535.91M	2.48%
2020-09-30	$522.94M	3.10%
2020-06-30	$507.23M	-1.90%
2020-03-31	$517.07M	0.66%
2019-12-31	$513.66M	1.20%
2019-09-30	$507.55M	1.48%
2019-06-30	$500.15M	1.39%
2019-03-31	$493.29M	1.95%
2018-12-31	$483.85M	3.56%
2018-09-30	$467.22M	2.39%
2018-06-30	$456.32M	-0.43%
2018-03-31	$458.30M	3.44%
2017-12-31	$443.07M	2.10%
2017-09-30	$433.94M	1.56%
2017-06-30	$427.29M	0.93%
2017-03-31	$423.36M	1.65%
2016-12-31	$416.50M	1.26%
2016-09-30	$411.32M	1.43%
2016-06-30	$405.53M	1.44%
2016-03-31	$399.77M	-1.76%
2015-12-31	$406.94M	-0.92%
2015-09-30	$410.74M	0.01%
2015-06-30	$410.70M	0.15%
2015-03-31	$410.09M	1.32%
2014-12-31	$404.73M	2.91%
2014-09-30	$393.29M	2.57%
2014-06-30	$383.42M	10.96%
2014-03-31	$345.55M	3.03%
2013-12-31	$335.40M	0.99%
2013-09-30	$332.09M	2.40%
2013-06-30	$324.31M	3.59%
2013-03-31	$313.07M	6.54%
2012-12-31	$293.84M	23.15%
2012-09-30	$238.61M	4.13%
2012-06-30	$229.15M	19.04%
2012-03-31	$192.49M	4.72%
2011-12-31	$183.82M	4.71%
2011-09-30	$175.55M	2.63%
2011-06-30	$171.05M	1.97%
2011-03-31	$167.75M	1.36%
2010-12-31	$165.50M	4.32%
2010-09-30	$158.64M	2.67%
2010-06-30	$154.51M	4.43%
2010-03-31	$147.97M	2.06%
2009-12-31	$144.98M	4.09%
2009-09-30	$139.29M	2.27%
2009-06-30	$136.19M	0.85%
2009-03-31	$135.05M	0.46%
2008-12-31	$134.43M	13.29%
2008-09-30	$118.66M	5.99%
2008-06-30	$111.95M	-

SBA Communications generated $732.33M in revenue during Q3 2025, up 4.77% compared to the previous quarter, and up 110.88% compared to the same period a year ago.

SBA Communications Revenue Breakdown

SBA Communications Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Domestic Site Leasing Revenue	$1.87B	$1.86B	$1.85B	$1.78B	$1.68B
Site Development Construction	$244.50M	$152.87M	$194.65M	$296.88M	$204.75M
International Site Leasing Revenue	$705.04M	$665.34M	$670.38M	$558.98M	$422.71M

SBA Communications's latest annual revenue breakdown by segment (product or service), as of Dec 25: Domestic Site Leasing Revenue (66.27%), International Site Leasing Revenue (25.04%), and Site Development Construction (8.69%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
International Site Leasing Revenue	$201.67M	$186.18M	$161.98M	$155.22M	$174.47M	$160.84M	$163.25M	$166.78M	$169.49M	$169.07M	$169.39M	$162.44M	$156.68M	$137.71M	$138.15M	$126.45M	$107.19M	$108.73M	$105.27M	$101.52M
Site Development Construction	$53.37M	$75.90M	$67.19M	$48.04M	$47.37M	$41.90M	$34.02M	$29.59M	$38.94M	$45.10M	$52.36M	$58.25M	$76.49M	$88.28M	$71.77M	$60.34M	$55.87M	$53.81M	$51.43M	$43.64M
Domestic Site Leasing Revenue	$464.55M	$470.25M	$469.81M	$460.99M	$471.86M	$464.86M	$463.20M	$461.50M	$466.60M	$468.37M	$456.75M	$454.83M	$452.93M	$449.60M	$442.08M	$432.99M	$432.08M	$426.76M	$418.83M	$403.58M

SBA Communications's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Domestic Site Leasing Revenue (64.56%), International Site Leasing Revenue (28.03%), and Site Development Construction (7.42%).

SBA Communications Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Domestic Site Leasing Revenue	$1.87B	$269.17M	$1.78B	$1.68B	$1.56B
International Site Leasing Revenue	$705.04M	$379.80M	$558.98M	$422.71M	$396.16M
Site Development Construction	-	-	$296.88M	$204.75M	$128.67M

SBA Communications's latest annual revenue breakdown by geography, as of Dec 25: Domestic Site Leasing Revenue (72.57%), and International Site Leasing Revenue (27.43%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Sep 20	Jun 20	Mar 20
Domestic Site Leasing Revenue	$925.54M	$470.25M	$469.81M	$68.27M	$134.77M	$68.91M	$65.49M	$390.96M	$388.02M	$386.35M
International Site Leasing Revenue	$356.88M	$186.18M	$161.98M	$85.00M	$197.40M	$89.30M	$93.10M	$95.80M	$94.39M	$106.01M

SBA Communications's latest quarterly revenue breakdown by geography, as of Dec 25: Domestic Site Leasing Revenue (72.17%), and International Site Leasing Revenue (27.83%).

SBA Communications Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BEKE	KE	$77.78B	$11.23B
WY	Weyerhaeuser	$6.91B	$1.72B
EQR	Equity Residential	$3.10B	$782.41M
AVB	AvalonBay Communities	$3.04B	$764.93M
SBAC	SBA Communications	$2.82B	$732.33M
INVH	Invitation Homes	$2.73B	$688.17M
LAMR	Lamar Advertising	$2.27B	$585.54M
MAA	Mid-America Apartment Communities	$2.21B	-
ESS	Essex Property Trust	$1.90B	$473.30M
GLPI	Gaming and Leisure Properties	-	$341.75M

SBAC Revenue FAQ

What is SBA Communications’s yearly revenue?

SBA Communications's yearly revenue for 2025 was $2.82B, representing an increase of 5.06% compared to 2024. The company's yearly revenue for 2024 was $2.68B, representing a decrease of -1.18% compared to 2023. SBAC's yearly revenue for 2023 was $2.71B, representing an increase of 2.97% compared to 2022.

What is SBA Communications’s quarterly revenue?

SBA Communications's quarterly revenue for Q3 2025 was $732.33M, a 4.77% increase from the previous quarter (Q2 2025), and a 9.70% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $698.98M, a 5.23% increase from the previous quarter (Q1 2025), and a 5.83% increase year-over-year (Q2 2024). SBAC's quarterly revenue for Q1 2025 was $664.25M, a -4.25% decrease from the previous quarter (Q4 2024), and a 0.97% increase year-over-year (Q1 2024).

What is SBA Communications’s revenue growth rate?

SBA Communications's revenue growth rate for the last 3 years (2023-2025) was 3.82%, and for the last 5 years (2021-2025) was 21.93%.

What are SBA Communications’s revenue streams?

SBA Communications's revenue streams in c 25 are Domestic Site Leasing Revenue, Site Development Construction, and International Site Leasing Revenue. Domestic Site Leasing Revenue generated $1.87B in revenue, accounting 66.27% of the company's total revenue, up 0.22% year-over-year. Site Development Construction generated $244.5M in revenue, accounting 8.69% of the company's total revenue, up 59.94% year-over-year. International Site Leasing Revenue generated $705.04M in revenue, accounting 25.04% of the company's total revenue, up 5.97% year-over-year.

What is SBA Communications’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of SBA Communications was Domestic Site Leasing Revenue. This segment made a revenue of $1.87B, representing 66.27% of the company's total revenue.