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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Weighted-Average Shares of Common Stock Outstanding used in Calculation of Basic and Diluted Earnings Per Share

For the three months

For the six months

ended June 30,

ended June 30,

2025

2024

2025

2024

(in thousands, except per share data)

Numerator:

Net income attributable to SBA

Communications Corporation

$

225,794

$

162,830

$

446,525

$

317,372

Denominator:

Basic weighted-average shares outstanding

107,531

107,462

107,637

107,782

Dilutive impact of stock options, RSUs, and PSUs

266

217

331

366

Diluted weighted-average shares outstanding

107,797

107,679

107,968

108,148

Net income per common share attributable to SBA

Communications Corporation:

Basic

$

2.10

$

1.52

$

4.15

$

2.94

Diluted

$

2.09

$

1.51

$

4.14

$

2.93