SBA Communications Corp Class A

SBAC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SBA Earnings: Healthy Domestic Activity but Elevated Churn Persists

Samuel Siampaus

Aug 5, 2025

SBA Communications posted mixed results, as 5.7% gross organic leasing growth was mostly offset by 4.8% churn. Sprint-related churn continues to hit its domestic business, while a challenging South and Central American telecom market weighs on its international operations.

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SBA Communications Corp Class A

SBA Earnings: Healthy Domestic Activity but Elevated Churn Persists

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