Business Description

SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, structured as a real estate investment trust (REIT). The company primarily acquires, develops, and leases antenna space on multi-tenant towers to wireless service providers. Headquartered in Boca Raton, Florida, SBA operates a vast portfolio of nearly 40,000 communication sites across the Americas, Africa, and select Asian markets.

Everything on SBA Communications Corporation

Revenue (FY2025) $2.57B
YoY growth +1.7%
Operating margin 52.2%
Direction Expanding
Gross margin 82.6%
Net margin 41.0%

Earnings Transcripts

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Leadership & board

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Share Repurchase Program

Total authorized
$1.5 billion of Class A common stock (Repurchase Plan authorized by the Board on April 27, 2025)
Remaining (No expiration; continues until modified or terminated by the Board)
$1.1 billion (approximately $1,125,128,362 remaining as of the date of the filing)
Latest FY repurchased
$497.8 million repurchased and retired during fiscal year 2025 (per the consolidated statement of cash flows)

Named Competitors

American Tower CorporationCrown Castle International

Recent SEC Filings

2026-05-22 Shareholder vote results View filing ↗
2026-04-29 Reported quarterly results View filing ↗
2026-03-27 Leadership change (directors/officers) View filing ↗
2026-02-26 Reported quarterly results View filing ↗
2025-11-03 Reported quarterly results View filing ↗
2025-08-04 Reported quarterly results View filing ↗
2025-05-23 Shareholder vote results View filing ↗
2025-04-28 Reported quarterly results View filing ↗
2025-02-24 Reported quarterly results View filing ↗
2024-10-28 Reported quarterly results View filing ↗
2024-10-11 Entered a material agreement (+1 more) View filing ↗
2024-10-03 Entered a material agreement (+1 more) View filing ↗

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