S
SBAC
SBACUnverified3 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$2.8B5.1%
FY2025
Operating Segments
3Active segments
Blended Margin
50.2%Operating margin
Highest Margin
62.5%Domestic Site Leasing Revenue
Segment Shift
Domestic Site Leasing Revenue has grown from 75.0% to 66.3% of total revenue since FY2018, with 62.5% operating margins. Meanwhile, Site Development Construction is the fastest growing at +59.9% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2025
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Domestic Site Leasing Revenue | $1.9B | $1.2B | 62.5% | 66.3% | +0.2% |
| International Site Leasing Revenue | $705M | $219M | 31.1% | 25.0% | +6.0% |
| Site Development Construction | $244M | $29M | 11.7% | 8.7% | +59.9% |
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