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U.S. COMPANY FILING

SBA COMMUNICATIONS CORP — Form 10-K filed 2026-02-27

Filed: 2026-02-27Company: SBA COMMUNICATIONS CORPTicker: SBACExchange: NasdaqForm: 10-KReport period: 2025-12-31SEC accession: 0001034054-26-000002Event: earningsMateriality: 85

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SBA Communications reported 2025 net income of $1.05 billion and Adjusted EBITDA of $1.91 billion, up 1.4%. The company exited Philippines, Colombia, and Canada. EchoStar default and Sprint churn are expected to impact 2026 revenue. Share repurchases continued, and REIT dividends maintained.

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