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Earnings Per Share (Tables)
9 Months Ended
Sep. 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 nine months

ended September 30,

ended September 30,

2025

2024

2025

2024

(in thousands, except per share data)

Numerator:

Net income attributable to SBA

Communications Corporation

$

236,816

$

258,534

$

683,342

$

575,906

Denominator:

Basic weighted-average shares outstanding

107,257

107,486

107,509

107,683

Dilutive impact of stock options, RSUs, and PSUs

302

436

322

389

Diluted weighted-average shares outstanding

107,559

107,922

107,831

108,072

Net income per common share attributable to SBA

Communications Corporation:

Basic

$

2.21

$

2.41

$

6.36

$

5.35

Diluted

$

2.20

$

2.40

$

6.34

$

5.33