SBA Communications Q2 FY26: where the revenue came from and where it went
The whole income statement of SBA Communications for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Aug 6, 2026
Revenue$0.72B
+2% year over year
Gross profit$0.54B
75% margin
Operating profit$0.35B
49% margin
Net profit$0.20B
28% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.72 | 100% | +2% |
| Domestic site leasing | 0.45 | 63% | −4% |
| International site leasing | 0.21 | 30% | +31% |
| Development construction | 0.05 | 7% | −24% |
| Cost of revenue | −0.18 | 25% | |
| Gross profit | 0.54 | 75% margin | +0pp |
| SG&A | −0.08 | 11% | +1pp |
| Other | −0.11 | 15% | |
| Operating profit | 0.35 | 49% margin | +1pp |
| Interest & other costs | −0.12 | ||
| Tax | −0.04 | ||
| Net profit | 0.20 | 28% margin | −5pp |
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