Short answer
SBA Communications (SBAC) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $47M (down 1.6% year over year) with net income of $185M.
Q1 2026 key financials · XBRL
- Revenue
- $47M
- −1.6% YoY
- Net income
- $185M
- −16.3% YoY
- Operating margin
- 725.0%
- Gross margin
- 1125.2%
- EPS (diluted)
- $1.74
- −14.7% YoY
Source: XBRL data from the SBA Communications (SBAC) Q1 2026 10-Q on SEC EDGAR. USD.
SBA Communications Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $703.4M, up 4.1% YoY from $664.2M on a constant-currency basis
- International site leasing best performer, revenue $205.8M, up 24.8% constant currency
- Site development weakest segment, operating profit $7.9M, down 20.2% YoY
- Net income $184.9M, down 6.7% constant currency from $217.9M
- Adjusted EBITDA $475.4M vs $457.3M; elevated 2026 churn guidance of $168.0M-$176.0M cash site leasing revenue
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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