SBA (SBAC) operating expenses was $781M in FY2025 (+18% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$781M
+18%
2024
$662M
-44%
2023
$1.2B
+13%
2022
$1.0B
+6%
2021
$981M
+1%
2020
$973M
+4%
2019
$938M
+10%
2018
$853M
+4%
2017
$823M
-0%
2016
$825M
-6%
2015
$882M
+16%
2014
$762M
+14%
2013
$667M
+26%
2012
$527M
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q2 2026
$187M
Q1 2026
$189M
Q4 2025
$245M
Q3 2025
$168M
Q2 2025
$192M
Q1 2025
$176M
Q4 2024
$159M
Q3 2024
$142M
Q2 2024
$165M
Q1 2024
$197M
Q4 2023
$321M
Q3 2023
$284M
Source: SBAC on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.