SBAC FY 2023 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$21B

FY 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.7B+3.0% YoY

Gross Profit

$2.1B76.6% margin

Operating Income

$924M34.1% margin

Net Income

$502M18.5% margin

EPS (Diluted)

$4.61

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.3B

Stock-Based Comp.

$88M

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$15.3B

Stockholders' Equity

-$5.2B

Cash & Equivalents

$209M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.6B	+3.0%
Gross Profit	$2.1B	$1.9B	+7.2%
Operating Income	$924M	$925M	-0.2%
Net Income	$502M	$461M	+8.8%