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SBA Communications Corporation (SBAC) is a financial services company in the property investment trusts industry, based in Boca Raton, United States, with about 1,844 full-time employees.
It reported revenue of $2.82 billion for fiscal year 2025, up 5.1% from fiscal year 2024, and net income of $1.05 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $715.27 million, up 2.3% from a year before. Its largest business segment, Domestic Site Leasing, brought in 66% of segment revenue in fiscal year 2025; United States was the largest region with 88%. Its market capitalization was $19.36 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications.
SBA Communications reported $2.82 billion in revenue for fiscal year 2025, up 5.1% from $2.68 billion in fiscal year 2024. In Q2 2026 revenue was $715.27 million.
Domestic Site Leasing, with $1.87 billion or 66% of segment revenue in fiscal year 2025. Next: International Site Leasing (25%) and Site Development (9%).
United States: 88% of revenue by region in fiscal year 2025, followed by Brazil (12%).
$19.36 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (property investment trusts) include Crown Castle Inc. (CCI), Extra Space Storage Inc. (EXR), Vici Properties Inc. (VICI), Essex Property Trust, Inc. (ESS).