SBAC Q4 2022 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$21B

Q4 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$686M+15.3% YoY

Gross Profit

$506M73.7% margin

Operating Income

$235M34.2% margin

Net Income

$103M15.1% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$289M

Free Cash Flow

$223M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$15.8B

Stockholders' Equity

-$5.3B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$686M	$595M	+15.3%
Gross Profit	$506M	$445M	+13.6%
Operating Income	$235M	$197M	+18.9%
Net Income	$103M	$49M	+111.2%

Revenue Segments

Domestic Site Leasing Revenue

$453M66%

International Site Leasing Revenue

$157M23%

Site Development Construction

$76M11%