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Quarterly Financial Data
12 Months Ended
Dec. 31, 2024
Quarterly Financial Data [Abstract]  
Quarterly Financial Data


22.QUARTERLY FINANCIAL DATA (unaudited)

Quarter Ended

December 31,

September 30,

June 30,

March 31,

2024

2024

2024

2024

(in thousands, except per share amounts)

Revenues

$

693,700

$

667,595

$

660,477

$

657,862

Operating income

382,339

375,596

354,470

323,358

Depreciation, accretion, and amortization

(65,073)

(63,515)

(64,179)

(76,750)

Net income attributable to SBA Communications Corporation

173,629

258,534

162,830

154,543

Net income per common share - basic

$

1.61

$

2.41

$

1.52

$

1.43

Net income per common share - diluted

1.61

2.40

1.51

1.42

Quarter Ended

December 31,

September 30,

June 30,

March 31,

2023

2023

2023

2023

(in thousands, except per share amounts)

Revenues

$

675,024

$

682,544

$

678,500

$

675,516

Operating income

209,687

248,604

241,227

224,141

Depreciation, accretion, and amortization

(171,400)

(180,674)

(181,820)

(182,415)

Net income attributable to SBA Communications Corporation

109,528

87,419

203,648

101,217

Net income per common share - basic

$

1.01

$

0.81

$

1.88

$

0.94

Net income per common share - diluted

1.01

0.80

1.87

0.93

Because net income per share amounts are calculated using the weighted-average number of common and dilutive common shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total net income per share amounts for the year.