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What changed in Sba Communications Corporation's latest annual report

In the year ended 31 Dec 2025, Sba Communications Corporation's revenue rose 59.9% to USD 244.50m, from USD 152.87m; net income rose 40.6% to USD 1.05bn, from USD 749.54m; cash and cash equivalents rose 39.4% to USD 264.57m, from USD 189.84m.

Year ended 31 Dec 2025. Source: 10-K filed 27 Feb 2026, read it on SEC EDGAR.

USD 152.87m to USD 244.50m

Revenue, up 59.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue152.87m244.50mUp 59.9%
Net income749.54m1.05bnUp 40.6%
Total assets11.42bn11.58bnUp 1.4%
Long-term debt12.40bn10.96bnDown 11.6%
Cash and cash equivalents189.84m264.57mUp 39.4%
Shareholders' equity-5.11bn-4.85bnNot comparable

Questions people ask

Did Sba Communications Corporation's revenue grow last year?

Revenue grew 59.9%, from USD 152.87m to USD 244.50m in the year ended 31 Dec 2025.

Is Sba Communications Corporation profitable?

Yes. Net income was USD 1.05bn in the year ended 31 Dec 2025. The year before: USD 749.54m.

How much cash and debt does Sba Communications Corporation have?

At its latest year end (31 Dec 2025), Sba Communications Corporation reported cash and cash equivalents of USD 264.57m and long-term debt of USD 10.96bn.

Where do these numbers come from?

From Sba Communications Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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