SBA Communications

At a glance

SBA Communications reported 2025 revenue of $244.5M, up 59.9% from $152.9M in 2024. Over 4 years since 2021 ($204.7M), that is growth of about 4.5% a year. Operating margin was 549.2%, up from 382.2% in 2021. Revenue peaked in 2022 at $296.9M.

In the last 12 months 1 insider reported 0 open-market purchases and 1 sale ($55K). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $55K by Director George R Krouse Jr on Aug 19, 2026.

SBA Communications filed 10 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), new financial obligation (2), material agreement (2) and agreement terminated (1). The latest officer or director change was reported on Mar 27, 2026. It reported a material agreement or a completed acquisition or disposal 2 times.

2 of the 20 investors tracked here held SBA Communications at the last quarter end, worth $2.9M combined. It is the largest weight for Bridgewater Associates (0% of its portfolio), followed by National Pension Service (Korea) (0%). Added: National Pension Service (Korea). Reduced: Bridgewater Associates.

Annual results

Fiscal year ends Dec 31 · incorporated in FL

Tracked investors holding (13F)

Weight is the share of each investor's portfolio, as of the quarter end.