S SBAC

SBA Communications Corp - Class A

REIT - SPECIALTY · REAL ESTATE

SBA Communications Corporation (SBAC) is a leading real estate investment trust (REIT) specializing in the ownership and management of essential wireless infrastructure across North America and South Africa. With a diverse portfolio of over 18,000 communication sites, including towers and related st...

$204.04

+18.93% (+$32.48)

Volume 6.57M

52W High $245.16

52W Low $162.41

Market Cap $21.01B

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What to Watch This Quarter

Based on historical data

Consensus EPS

$2.69

Whisper EPS

$2.61

3.1% below consensus

Last Quarter

$3.47

Current Streak

2 Misss

Avg Surprise (4Q)

-5.48%

Next Earnings Report

Reports in 20 days

Report Date Apr 27, 2026

Whisper Spread -3.13%

Consensus Estimate

$2.69

Official analyst average

Whisper Number

$2.61

What traders expect

Cautious Sentiment: The whisper number is 3.1% below consensus, suggesting traders are skeptical. Meeting consensus may not be enough to satisfy the market.

Price Chart

EPS History: Consensus vs Actual

Last 11 quarters

Price Movement Around Earnings

Q4 2025 Feb 26, 2026

1-Day: +4.68%

5-Day: +2.71%

Q4 2025 Feb 25, 2026

1-Day: -2.54%

5-Day: +0.89%

Q4 2025 Feb 23, 2026

1-Day: +0.98%

Q3 2025 Nov 3, 2025

1-Day: +1.38%

Revenue & Financial Performance

Revenue Whisper

$724.0M

TWN Proprietary Estimate

Last Quarter Revenue

$719.6M

+3.7% YoY

Gross Margin

30.6%

Net Margin: 51.5%

Quarter	Revenue	YoY Growth	Gross Margin	Op Margin	Net Income
Q4'25	$719.6M	+3.7%	30.6%	42.8%	$370.3M
Q3'25	$732.3M	+9.7%	74.1%	51.1%	$236.8M
Q2'25	$699.0M	+5.8%	74.5%	47.9%	$225.8M
Q1'25	$664.2M	+1.0%	75.8%	50.4%	$220.7M
Q4'24	$693.7M	+2.8%	77.1%	55.1%	$173.6M
Q3'24	$667.6M	-2.2%	76.7%	56.3%	$258.5M
Q2'24	$660.5M	-2.7%	77.6%	53.7%	$162.8M
Q1'24	$657.9M	-2.6%	77.9%	49.2%	$154.5M

Historical Earnings

Last 12 quarters

Quarter	Date	Consensus	Whisper	Actual EPS	Surprise %	Result
Q4 2025	Feb 26, 2026	$3.79	$3.46	$3.47	-8.44%	Met
Q4 2025	Feb 25, 2026	$3.79	$3.54	$3.47	-8.44%	Missed
Q4 2025	Feb 23, 2026	$3.08	$2.93	--	--	--
Q3 2025	Nov 3, 2025	$2.19	$2.10	$2.20	+0.46%	Beat
Q2 2025	Jul 28, 2025	$2.09	$1.99	$1.81	-13.27%	Missed
Q1 2025	Apr 28, 2025	$2.32	$2.37	$1.44	-37.82%	Missed
Q4 2024	Feb 24, 2025	$2.28	$2.25	$2.33	+1.86%	Beat
Q3 2024	Oct 28, 2024	$2.27	$2.13	$2.40	+5.73%	Beat
Q2 2024	Jul 29, 2024	$2.07	$2.11	$1.51	-27.05%	Missed
Q1 2024	Apr 29, 2024	$1.21	$1.16	$1.42	+17.36%	Beat
Q4 2023	Feb 26, 2024	$1.37	$1.34	$1.01	-26.28%	Missed
Q3 2023	Nov 2, 2023	$1.19	$1.21	$0.80	-32.77%	Missed