SBA Communications Corporation (SBAC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$184.88 +0.07% NASDAQ • Public Delayed / 60s Snapshot

SBA Communications Corporation (SBAC) carries a Roarable Rating of C (Hold) with 65/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C • HOLD / WATCH Cap $19.61B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C
025507510065
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C- · Rk B
Cash (14)Whales (10)SEC (16)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+3.1% Base Target
$236 Bull$191 Base$149 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:56% Call Buyers ($2.5M)
44% PutsMax Pain: $181.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How SBAC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$1.07B (436.2% FCF Margin)
Revenue$244.5MGross Profit $2.12B (868.8%)Cost of Sales $0Op Profit $1.34B (549.2%)OpEx (R&D/SG&A) $781.4MNet Profit$1.05B (430.9%)Tax/Other $289.2M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $194.6M
FY24
Rev $152.9M
FY25
Rev $244.5M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$244.5M868.8%549.2%$1.05B$1.07B18.1%
FY 2024$152.9M1372.4%939.2%$749.5M$1.11B16%
FY 2023$194.6M44%474.5%$501.8M$1.54B11.2%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring SBAC)

  • ✓Live walkthrough of SBAC's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
Want Plain-English AI Custom Indicators, Daily Pro Trader Video Clips & SMS Crash Alerts?
SBAC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -15.39%📐 HORIZONTAL RANGE
2026-10-30O $188.1H $190.3L $185.8C $187.2VOL 934.2K
RES: $197.1SUP: $151.6SMA50: $179.4SMA200: $190.3
$227.2$208.1$188.9$169.8$150.7RES $197.1SUP $151.6$187.22026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

SBAC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
11.9%/yr Implied 5Y Growth

vs. +59.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on SBAC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for SBAC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for SBAC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

SBAC Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is SBA Communications Corporation (SBAC)?

In FY 2025 (10-K), SBAC converted $244.5M of revenue into a 868.8% gross margin, 549.2% operating margin, and $1.1B in free cash flow (436.2% FCF margin).