SBAC Q2 2021 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$21B

Q2 2021 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$576M+13.5% YoY

Gross Profit

$433M75.2% margin

Operating Income

$200M34.7% margin

Net Income

$153M26.5% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$353M

Free Cash Flow

$322M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$10.0B

Total Liabilities

$14.8B

Stockholders' Equity

-$4.8B

Cash & Equivalents

$274M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$576M	$507M	+13.5%
Gross Profit	$433M	$391M	+10.7%
Operating Income	$200M	$157M	+27.2%
Net Income	$153M	$23M	+569.2%

Revenue Segments

Domestic Site Leasing Revenue

$419M73%

International Site Leasing Revenue

$105M18%

Site Development Construction

$51M9%