SBA Communications Corporation (SBAC) Net Income CAGR:24.76%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, SBA Communications Corporation's Net Income CAGR averages 39.60% over 3 years and 48.83% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how SBA Communications Corporation's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
SBAC Net Income CAGR Chart
SBA Communications Corporation (SBAC)
SBAC Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
SBAC Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $749.54M | $1.05B | +$304.10M | +40.57% | +40.57% |
| 2024 | $501.81M | $749.54M | +$247.72M | +49.37% | +49.37% |
| 2023 | $461.43M | $501.81M | +$40.38M | +8.75% | +8.75% |
| 2022 | $237.62M | $461.43M | +$223.81M | +94.18% | +94.18% |
| 2021 | $24.10M | $237.62M | +$213.52M | +885.83% | +885.83% |
| 2020 | $146.99M | $24.10M | $-122.89M | -83.60% | -83.60% |
| 2019 | $47.45M | $146.99M | +$99.54M | +209.77% | +209.77% |
| 2018 | $103.65M | $47.45M | $-56.20M | -54.22% | -54.22% |
| 2017 | $76.24M | $103.65M | +$27.42M | +35.96% | +35.96% |
| 2016 | $-175.66M | $76.24M | +$251.89M | N/A | N/A |
| 2015 | $-24.30M | $-175.66M | $-151.36M | N/A | N/A |
| 2014 | $-55.91M | $-24.30M | +$31.61M | N/A | N/A |
| 2013 | $-183.33M | $-55.91M | +$127.42M | N/A | N/A |
| 2012 | $-126.46M | $-183.33M | $-56.88M | N/A | N/A |
| 2011 | $-194.67M | $-126.46M | +$68.22M | N/A | N/A |
| 2010 | $-140.87M | $-194.67M | $-53.80M | N/A | N/A |
| 2009 | $-46.76M | $-140.87M | $-94.11M | N/A | N/A |
| 2008 | $-77.88M | $-46.76M | +$31.12M | N/A | N/A |
| 2007 | $-133.45M | $-77.88M | +$55.57M | N/A | N/A |
| 2006 | $-94.71M | $-133.45M | $-38.74M | N/A | N/A |
| 2005 | $-147.28M | $-94.71M | +$52.57M | N/A | N/A |
| 2004 | $-172.17M | $-147.28M | +$24.89M | N/A | N/A |
| 2003 | $-273.17M | $-172.17M | +$100.99M | N/A | N/A |
| 2002 | $-125.14M | $-273.17M | $-148.02M | N/A | N/A |
| 2001 | $-28.92M | $-125.14M | $-96.23M | N/A | N/A |
| 2000 | $-34.50M | $-28.92M | +$5.58M | N/A | N/A |
| 1999 | $-19.90M | $-34.50M | $-14.60M | N/A | N/A |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $184.83M | -50.1% | -16.3% |
| Q4 2025 | $370.29M | +56.4% | +113.3% |
| Q3 2025 | $236.82M | +4.9% | -8.4% |
| Q2 2025 | $225.79M | +2.3% | +38.7% |
| Q1 2025 | $220.73M | +27.1% | +42.8% |
| Q4 2024 | $173.63M | -32.8% | +58.5% |
| Q3 2024 | $258.53M | +58.8% | +195.7% |
| Q2 2024 | $162.83M | +5.4% | -20.0% |
| Q1 2024 | $154.54M | +41.1% | +52.7% |
| Q4 2023 | $109.53M | +25.3% | +6.1% |
| Q3 2023 | $87.42M | -57.1% | -12.6% |
| Q2 2023 | $203.65M | +101.2% | +193.0% |
| Q1 2023 | $101.22M | -2.0% | -46.3% |
| Q4 2022 | $103.28M | +3.3% | +111.2% |
| Q3 2022 | $100.01M | +43.9% | +109.2% |
| Q2 2022 | $69.52M | -63.1% | -54.5% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About SBA Communications Corporation
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- Brendan Thomas Cavanagh