Filing Flows › SBA Communications (SBAC) › Operating margin
SBA Communications (SBAC) operating margin by quarter
SBA Communications' operating margin was 51.5% in Q3 2026 (third quarter 2026), +2.3 pts from Q2 2026. Over the last 7 quarters it ranged from 41.5% (Q4 2025) to 51.5% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 51.5% | +2.3 pts | +0.4 pts |
| Q2 2026 | 49.2% | +0.5 pts | +1.3 pts |
| Q1 2026 | 48.7% | +7.2 pts | -1.7 pts |
| Q4 2025 | 41.5% | -9.6 pts | — |
| Q3 2025 | 51.1% | +3.2 pts | — |
| Q2 2025 | 47.9% | -2.5 pts | — |
| Q1 2025 | 50.4% | — | — |
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' operating margin?
SBA Communications' operating margin was 51.5% in Q3 2026 (third quarter 2026), +2.3 pts from Q2 2026.
How has SBA Communications' operating margin changed?
Over the last 7 quarters it ranged from 41.5% (Q4 2025) to 51.5% (Q3 2026).