SBA Communications Corp Class A

SBAC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SBA Earnings: Absent Timing Issues, Growth Remains Steady

Michael Hodel

Feb 27, 2026

SBA Communications' revenue increased 4% in the fourth quarter, a substantial deceleration from the prior quarter due to a smaller contribution from the lumpy services business. Leasing growth in the US held steady, absent an uptick in Sprint-related churn, which was also due to timing.

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SBA Communications Corp Class A

SBA Earnings: Absent Timing Issues, Growth Remains Steady

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