Income Statement - SBAC - NASDAQ

	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024
Revenue	656.43M	631.79M	616.21M	646.34M	625.70M
Total Other Revenue	75.90M	67.19M	48.04M	47.37M	41.90M
Total Revenue	732.33M	698.98M	664.25M	693.70M	667.60M

Cost of Revenue	194.95M	177.98M	161.05M	158.70M	155.73M
Gross Profit	537.38M	521.00M	503.20M	535.00M	511.87M

SG&A Expenses	65.85M	70.85M	66.06M	67.80M	60.89M
Depreciation & Amortization	76.88M	69.96M	65.05M	65.07M	63.52M
Other Operating Expenses	284.00K	1.47M	4.16M	4.70M	2.25M
Total Operating Expenses	337.96M	320.27M	296.31M	296.27M	282.38M

Operating Income	394.37M	378.71M	367.94M	397.43M	385.21M
Income Before Tax	289.08M	260.75M	259.93M	155.87M	298.21M
Income Tax Expenses	48.65M	35.06M	42.02M	-22.92M	42.32M

Earnings from Continuing Operations	240.43M	225.69M	217.91M	178.79M	255.89M
Earnings from Discontinued Operations	--	--	--	--	--
Extraordinary Item & Accounting Change	--	--	--	--	--
Minority Interest in Earnings	-3.62M	100.00K	2.83M	-5.16M	2.64M
Net Income	236.82M	225.79M	220.73M	173.63M	258.53M

EBIT	394.37M	378.71M	367.94M	397.43M	385.21M
EBITDA	471.25M	448.68M	432.99M	462.51M	448.73M

EPS Basic	2.21	2.10	2.05	1.61	2.41
Normalized Basic EPS	1.77	1.77	1.83	0.95	1.81
EPS Diluted	2.20	2.09	2.04	1.61	2.40
Normalized Diluted EPS	1.76	1.77	1.83	0.95	1.81

Average Basic Shares Outstanding	107.26M	107.53M	107.74M	107.53M	107.49M
Average Diluted Shares Outstanding	107.56M	107.80M	108.14M	108.11M	107.92M
Dividend Per Share	1.11	1.11	1.11	0.98	0.98
Payout Ratio	50.31%	52.86%	55.40%	60.69%	40.75%