SBA Communications (SBAC) Revenue & Revenue Breakdown

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SBA Communications Revenue Highlights

Latest Revenue (Y)

$2.71B

Latest Revenue (Q)

$667.60M

Main Segment (Y)

Domestic Site Leasing Revenue

Main Geography (Y)

Domestic Site Leasing Revenue

SBA Communications Revenue by Period

SBA Communications Revenue by Year

Date	Revenue	Change
2023-12-31	$2.71B	2.97%
2022-12-31	$2.63B	14.06%
2021-12-31	$2.31B	10.83%
2020-12-31	$2.08B	3.40%
2019-12-31	$2.01B	7.98%
2018-12-31	$1.87B	7.99%
2017-12-31	$1.73B	5.79%
2016-12-31	$1.63B	-0.33%
2015-12-31	$1.64B	7.30%
2014-12-31	$1.53B	17.02%
2013-12-31	$1.30B	36.77%
2012-12-31	$954.08M	36.65%
2011-12-31	$698.17M	11.42%
2010-12-31	$626.62M	12.80%
2009-12-31	$555.51M	16.96%
2008-12-31	$474.95M	16.35%
2007-12-31	$408.20M	16.26%
2006-12-31	$351.10M	35.04%
2005-12-31	$259.99M	12.32%
2004-12-31	$231.48M	9.16%
2003-12-31	$212.06M	-19.88%
2002-12-31	$264.67M	8.97%
2001-12-31	$242.89M	44.66%
2000-12-31	$167.91M	93.00%
1999-12-31	$87.00M	47.21%
1998-12-31	$59.10M	-

SBA Communications generated $2.71B in revenue during NA 2023, up 2.97% compared to the previous quarter, and up 145.34% compared to the same period a year ago.

SBA Communications Revenue by Quarter

Date	Revenue	Change
2024-09-30	$667.60M	1.08%
2024-06-30	$660.48M	0.40%
2024-03-31	$657.86M	-2.54%
2023-12-31	$675.02M	-1.10%
2023-09-30	$682.54M	0.60%
2023-06-30	$678.50M	0.44%
2023-03-31	$675.52M	-1.54%
2022-12-31	$686.09M	1.56%
2022-09-30	$675.58M	3.62%
2022-06-30	$652.01M	5.20%
2022-03-31	$619.77M	4.12%
2021-12-31	$595.26M	1.01%
2021-09-30	$589.30M	2.39%
2021-06-30	$575.53M	4.88%
2021-03-31	$548.74M	2.39%
2020-12-31	$535.90M	2.48%
2020-09-30	$522.94M	3.10%
2020-06-30	$507.23M	-1.90%
2020-03-31	$517.07M	0.66%
2019-12-31	$513.66M	1.20%
2019-09-30	$507.55M	1.48%
2019-06-30	$500.15M	1.39%
2019-03-31	$493.29M	1.95%
2018-12-31	$483.85M	3.56%
2018-09-30	$467.22M	2.39%
2018-06-30	$456.32M	-0.43%
2018-03-31	$458.30M	3.44%
2017-12-31	$443.07M	2.10%
2017-09-30	$433.94M	1.56%
2017-06-30	$427.29M	0.93%
2017-03-31	$423.36M	1.65%
2016-12-31	$416.50M	1.26%
2016-09-30	$411.32M	1.43%
2016-06-30	$405.53M	1.44%
2016-03-31	$399.77M	-1.76%
2015-12-31	$406.94M	-0.92%
2015-09-30	$410.74M	0.01%
2015-06-30	$410.70M	0.15%
2015-03-31	$410.09M	1.32%
2014-12-31	$404.73M	2.91%
2014-09-30	$393.29M	2.57%
2014-06-30	$383.42M	10.96%
2014-03-31	$345.55M	3.03%
2013-12-31	$335.40M	0.99%
2013-09-30	$332.09M	2.40%
2013-06-30	$324.31M	3.59%
2013-03-31	$313.07M	6.54%
2012-12-31	$293.84M	23.15%
2012-09-30	$238.61M	4.13%
2012-06-30	$229.15M	19.04%
2012-03-31	$192.49M	4.72%
2011-12-31	$183.82M	4.71%
2011-09-30	$175.55M	2.63%
2011-06-30	$171.05M	1.97%
2011-03-31	$167.75M	1.36%
2010-12-31	$165.50M	4.32%
2010-09-30	$158.64M	2.67%
2010-06-30	$154.51M	4.43%
2010-03-31	$147.97M	2.06%
2009-12-31	$144.98M	4.09%
2009-09-30	$139.29M	2.27%
2009-06-30	$136.19M	0.85%
2009-03-31	$135.05M	0.46%
2008-12-31	$134.43M	13.29%
2008-09-30	$118.66M	5.99%
2008-06-30	$111.95M	-

SBA Communications generated $667.60M in revenue during Q3 2024, up 1.08% compared to the previous quarter, and up 98.39% compared to the same period a year ago.

SBA Communications Revenue Breakdown

SBA Communications Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
International Site Leasing Revenue	$670.38M	$558.98M	$422.71M	$396.16M	$373.75M
Domestic Site Leasing Revenue	$1.85B	$1.78B	$1.68B	$1.56B	$1.49B
Site Development Construction	$194.65M	$296.88M	$204.75M	$128.67M	$153.79M

SBA Communications's latest annual revenue breakdown by segment (product or service), as of Dec 23: Domestic Site Leasing Revenue (68.10%), International Site Leasing Revenue (24.72%), and Site Development Construction (7.18%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
International Site Leasing Revenue	$160.84M	$163.25M	$166.78M	$169.49M	$169.07M	$169.39M	$162.44M	$156.68M	$137.71M	$138.15M	$126.45M	$107.19M	$108.73M	$105.27M	$101.52M	$99.96M	$95.80M	$94.39M	$106.01M	$100.71M
Domestic Site Leasing Revenue	$464.86M	$463.20M	$461.50M	$466.60M	$468.37M	$456.75M	$454.83M	$452.93M	$449.60M	$442.08M	$432.99M	$432.08M	$426.76M	$418.83M	$403.58M	$392.99M	$390.96M	$388.02M	$386.35M	$380.39M
Site Development Construction	$41.90M	$34.02M	$29.59M	$38.94M	$45.10M	$52.36M	$58.25M	$76.49M	$88.28M	$71.77M	$60.34M	$55.87M	$53.81M	$51.43M	$43.64M	$42.96M	$36.17M	$24.82M	$24.71M	$32.56M

SBA Communications's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Domestic Site Leasing Revenue (69.63%), International Site Leasing Revenue (24.09%), and Site Development Construction (6.28%).

SBA Communications Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Domestic Site Leasing Revenue	$1.78B	$1.68B	$1.56B	$1.49B	$1.40B
Site Development Construction	$296.88M	$204.75M	$128.67M	$153.79M	$125.26M
International Site Leasing Revenue	$558.98M	$422.71M	$396.16M	$373.75M	$340.34M

SBA Communications's latest annual revenue breakdown by geography, as of Dec 22: Domestic Site Leasing Revenue (67.50%), International Site Leasing Revenue (21.23%), and Site Development Construction (11.27%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Sep 20	Jun 20	Mar 20
Domestic Site Leasing Revenue	$68.91M	$65.49M	$390.96M	$388.02M	$386.35M
International Site Leasing Revenue	$89.30M	$93.10M	$95.80M	$94.39M	$106.01M

SBA Communications's latest quarterly revenue breakdown by geography, as of Sep 24: International Site Leasing Revenue (56.44%), and Domestic Site Leasing Revenue (43.56%).

SBA Communications Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMT	American Tower	$11.14B	$1.85B
EQIX	Equinix	$8.19B	$2.20B
CCI	Crown Castle	$6.98B	$1.65B
IRM	Iron Mountain	$5.48B	$1.56B
DLR	Digital Realty Trust	$5.48B	$213.34M
SBAC	SBA Communications	$2.71B	$667.60M
HASI	Hannon Armstrong Sustainable Infrastructure Capital	$319.87M	$81.97B

SBAC Revenue FAQ

What is SBA Communications’s yearly revenue?

SBA Communications's yearly revenue for 2023 was $2.71B, representing an increase of 2.97% compared to 2022. The company's yearly revenue for 2022 was $2.63B, representing an increase of 14.06% compared to 2021. SBAC's yearly revenue for 2021 was $2.31B, representing an increase of 10.83% compared to 2020.

What is SBA Communications’s quarterly revenue?

SBA Communications's quarterly revenue for Q3 2024 was $667.6M, a 1.08% increase from the previous quarter (Q2 2024), and a -2.19% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $660.48M, a 0.40% increase from the previous quarter (Q1 2024), and a -2.66% decrease year-over-year (Q2 2023). SBAC's quarterly revenue for Q1 2024 was $657.86M, a -2.54% decrease from the previous quarter (Q4 2023), and a -2.61% decrease year-over-year (Q1 2023).

What is SBA Communications’s revenue growth rate?

SBA Communications's revenue growth rate for the last 3 years (2021-2023) was 17.44%, and for the last 5 years (2019-2023) was 34.59%.

What are SBA Communications’s revenue streams?

SBA Communications's revenue streams in c 23 are International Site Leasing Revenue, Domestic Site Leasing Revenue, and Site Development Construction. International Site Leasing Revenue generated $670.38M in revenue, accounting 24.72% of the company's total revenue, up 19.93% year-over-year. Domestic Site Leasing Revenue generated $1.85B in revenue, accounting 68.10% of the company's total revenue, up 3.88% year-over-year. Site Development Construction generated $194.65M in revenue, accounting 7.18% of the company's total revenue, down -34.43% year-over-year.

What is SBA Communications’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of SBA Communications was Domestic Site Leasing Revenue. This segment made a revenue of $1.85B, representing 68.10% of the company's total revenue.