SBAC · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
SBA COMMUNICATIONS CORP · 2026-11-05 · Importance 49 · Surprise 32
For the nine months ended September 30, 2026, total revenue was $2,132.6 million, up 0.2% from $2,095.6 million in 2025. International site leasing revenue increased 18.5% on a constant-currency basis to $628.3 million, driven in part by 7,133 acquired towers, including 7,110 from the Millicom transaction, and 834 towers built. Domestic site leasing revenue declined 3.1% to $1,357.1 million, primarily due to Sprint, EchoStar, and other lease non-renewals. Site development revenue decreased 23.0% to $147.2 million as carrier activity declined.