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SBA Communications (SBAC) gross margin by quarter

SBA Communications' gross margin was 76.0% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026. Over the last 7 quarters it ranged from 74.1% (Q3 2025) to 76.9% (Q1 2025).

SBA Communications gross margin by quarterSBA Communications gross margin by quarter76.9%Q1 202575.4%Q2 202574.1%Q3 202575.6%Q4 202575.6%Q1 202675.4%Q2 202676.0%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202676.0%+0.6 pts+1.9 pts
Q2 202675.4%-0.2 pts+0.0 pts
Q1 202675.6%+0.0 pts-1.2 pts
Q4 202575.6%+1.5 pts—
Q3 202574.1%-1.3 pts—
Q2 202575.4%-1.5 pts—
Q1 202576.9%——

Q3 2026 at a glance

SBA Communications, Q3 2026: revenue $714M (-2% year over year), operating margin 51.5%, net earnings $231M, operating cash flow $332M. The chart follows the revenue to costs, profit and cash.

Questions

What is SBA Communications' gross margin?

SBA Communications' gross margin was 76.0% in Q3 2026 (third quarter 2026), +0.6 pts from Q2 2026.

How has SBA Communications' gross margin changed?

Over the last 7 quarters it ranged from 74.1% (Q3 2025) to 76.9% (Q1 2025).

Q3 2026 results → · How SBA Communications makes money →