SBAC Q2 2022 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$21B

Q2 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$652M+13.3% YoY

Gross Profit

$479M73.5% margin

Operating Income

$231M35.4% margin

Net Income

$70M10.7% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$372M

Free Cash Flow

$319M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$10.0B

Total Liabilities

$15.4B

Stockholders' Equity

-$5.4B

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$652M	$576M	+13.3%
Gross Profit	$479M	$433M	+10.7%
Operating Income	$231M	$200M	+15.6%
Net Income	$70M	$153M	-54.5%

Revenue Segments

Domestic Site Leasing Revenue

$442M68%

International Site Leasing Revenue

$138M21%

Site Development Construction

$72M11%