FINHUB Insights

SBAC · Q1 FY26 · Jan 1 – Mar 31, 2026

SBA Communications Q1 FY26: where the revenue came from and where it went

SBA Communications Q1 FY26: revenue $0.7B (+6% year over year). Net profit $0.19B. Largest cohort Domestic site leasing $0.45B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
May 5, 2026 10-Q
Sankey diagram of SBA Communications's income statement for Q1 FY26: revenue of $0.70 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.70B +6% year over year
Gross profit$0.53B 76% margin
Operating profit$0.34B 49% margin
Net profit$0.19B 26% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 0.70 100% +6%
Domestic site leasing 0.45 64% −2%
International site leasing 0.21 29% +33%
Development construction 0.05 7% −2%
Cost of revenue−0.1724%
Gross profit0.5376% margin−1pp
SG&A−0.0710%+0pp
Other−0.1217%+0pp
Operating profit0.3449% margin−2pp
Tax−0.05
Interest & other costs−0.11
Net profit0.1926%−7pp
Filing on EDGAR More quarters of SBAC

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.