SBAC financials
SBA Communications Corporation · end-of-day data as of Oct 16, 2026
SBA Communications Corporation
$187.06+8.5%
Buy · 22 analystsPT $225.03 +20.3%
SBAC reported revenue of $715M for the quarter ended Jun 30, 2026 (Q2 FY2026), up 2.3% from a year earlier. It posted diluted EPS of $1.87, free cash flow of $345M and a net margin of 27.8%.
Valuation
- P/E20.1x
- P/E vs own-0.7%
- P/E vs sector-34.0%
- FCF yield+5.3%
- Market cap$19.84B
Quarterly results
Q2 FY2026: Revenue +2.3% year over year, free cash flow 48.2% of revenue, operating margin 60.6%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $715M | 1.87 | $345M | 75.4% | 60.6% | 27.8% |
| Q1 FY2026 | Mar 31, 2026 | $703M | 1.74 | $207M | 75.6% | 48.7% | 26.3% |
| Q4 FY2025 | Dec 31, 2025 | $720M | 3.47 | $241M | 30.6% | 42.8% | 51.5% |
| Q3 FY2025 | Sep 30, 2025 | $732M | 2.21 | $258M | 74.1% | 51.1% | 32.3% |
| Q2 FY2025 | Jun 30, 2025 | $699M | 2.09 | $312M | 74.5% | 47.9% | 32.3% |
| Q1 FY2025 | Mar 31, 2025 | $664M | 2.04 | $255M | 75.8% | 50.4% | 33.2% |
| Q4 FY2024 | Dec 31, 2024 | $694M | 1.61 | $255M | 77.1% | 55.1% | 25.0% |
| Q3 FY2024 | Sep 30, 2024 | $668M | 2.40 | $240M | 76.7% | 56.3% | 38.7% |
| Q2 FY2024 | Jun 30, 2024 | $660M | 1.51 | $376M | 77.6% | 53.7% | 24.7% |
| Q1 FY2024 | Mar 31, 2024 | $658M | 1.42 | $237M | 77.9% | 49.2% | 23.5% |
| Q4 FY2023 | Dec 31, 2023 | $675M | 1.01 | $333M | 77.9% | 31.1% | 16.2% |
| Q3 FY2023 | Sep 30, 2023 | $683M | 0.80 | $252M | 77.2% | 36.4% | 12.8% |