Company

SBA COMMUNICATIONS CORP (SBAC)

Standardized SEC financial data for SBA COMMUNICATIONS CORP — income statement, balance sheet, cash flow and 40+ ratios, available as a clean JSON API. CIK 0001034054 · NASDAQ · Real Estate Investment Trusts.

Operating margin

377.8%

Net margin

205.2%

Revenue growth (YoY)

-90.9%

Return on equity

-10.3%

ROIC

8.1%

Free cash flow

$1.07B

Debt / equity

-3.06×

Current ratio

0.29×

Ratios for fiscal year 2025, standardized from SEC filings.

Income statement

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.08B	$2.31B	$2.63B	$2.71B	$2.68B	$2.82B
Cost of revenue	$476.5M	$545.5M	$668.6M	$612.6M	$581.7M	$691.0M
Gross profit	$1.61B	$1.76B	$1.96B	$2.10B

Balance sheet

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$342.8M	$435.6M	$189.3M	$250.9M	$1.40B	$437.0M
Total current assets	$473.0M	$614.4M	$482.7M	$484.3M	$1.98B	$773.4M
Property, plant & equipment	$2.68B	$2.58B	$2.71B	$2.71B

Cash flow

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$1.13B	$1.19B	$1.29B	$1.54B	$1.33B	$1.29B
Capital expenditures	$401.1M	$1.39B	$1.39B	$368.6M	$528.3M	$1.29B
Free cash flow	$725.0M	-$203.6M	-$108.7M	$1.18B

Get SBAC data via API

# JSON
curl https://sec-financial-api-production.up.railway.app/v1/company/SBAC/financials \
  -H "X-API-Key: YOUR_KEY"

# CSV export (income / balance / cash-flow)
curl "https://sec-financial-api-production.up.railway.app/v1/company/SBAC/income-statement?format=csv" \
  -H "X-API-Key: YOUR_KEY"

Get a free API key Use with Claude (MCP) →View SBAC filings on SEC EDGAR →