The table below shows SBA COMMUNICATIONS CORP's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$2.82B
$2.68B
$2.71B
$2.63B
$2.31B
$2.08B
Cost of revenue
$690.97M
$581.73M
$612.62M
$668.65M
$545.48M
$476.53M
Gross profit
$2.12B
$2.10B
$2.10B
$1.96B
$1.76B
$1.61B
R&D
-
-
-
-
-
-
SG&A
SBAC annual revenue (10-K history)
SBA COMMUNICATIONS CORP reported annual revenue of $2.82B for fiscal year 2025. That is up 5.1% from $2.68B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $1.63B (FY 2016) to $2.82B. Figures come from the company's audited annual reports as filed with the SEC.
