SBAC - NASDAQ

SBA Communications Corporation

SBAC·NASDAQ

$200.46

+2.2%

Real EstateREIT - Specialty

SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$21.26B

EPS9.8300

P/E Ratio20.39

Earnings Date08/03/2026

11.58B

Assets

3Y+9.0%

5Y+26.0%

10Y+57.0%

16.35B

Total Liabilities

-1%

3Y+3.0%

5Y+17.0%

10Y+75.0%

-4.78B

Total Equity

-6%

3Y-9.0%

5Y-1.0%

10Y-172.0%

SBA Communications Corporation Funding & Solvency Profile

SBAC · NASDAQ

Current Assets

Cash & Cash Equivalents432.37M

Net Receivables663.93M

Inventory0.00

Other Current Assets0.00

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment3.87B

Goodwill & Intangible Assets2.88B

Long-Term Investments3.43B

Other Non-Current Assets254.61M

Total Non-Current Assets8 B

Total Assets

11.58B

Financial Health Analysis

Current Ratio

0.49x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Working Capital

-1132452000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

SBA Communications Corporation Balance Sheet

SBAC • NASDAQ

SBA Communications Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	432.4M	189.8M	208.5M	143.7M	367.3M	308.6M	108.3M	143.4M	68.8M	146.1M	118M	39.4M	122.1M	233.1M	47.3M	64.3M	161.3M	78.9M	70.3M	46.1M
Short-Term Investments	6.6M	254.5M	1M	1.3M	778K	0.0	0.0	0.0	0.0	0.0	706K	5.5M	5.4M	5.5M	5.8M	4M	5.4M	162K	55.1M	0.0
Cash & Short-Term Investments	439M	444.4M	209.6M	145M	368.1M	308.6M	108.3M	143.4M	68.8M	146.1M	118.7M	45M	127.6M	238.6M	53.1M	68.3M	166.7M	79M	125.4M	46.1M
Net Receivables	663.9M	284.5M	202.1M	264.4M	150.8M	108.9M	158.4M	146M	109.1M	89.5M	100.3M	134.3M	99.2M	62.7M	39.8M	18.8M	19.6M	16.4M	20.2M	40.2M
Accounts Receivables	663.9M	145.7M	182.7M	184.4M	102M	74.1M	132.1M	111M	90.7M	78.3M	83.3M	104.3M	71.3M	39.1M	22.1M	18.8M	19.6M	16.4M	20.2M	40.2M
Other Receivables	0.0	138.8M	19.4M	80.1M	48.8M	34.8M	26.3M	23.8M	17.4M	11.1M	16.9M	30.1M	27.9M	23.6M	17.7M	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	20.4M	17.8M	17.8M	14.4M	11.3M	9.6M	37.3M	32.5M	34M	49.6M	95M	69.6M	59.8M	14.2M	12.4M	9.8M	9.7M	8.6M	6.9M
Other Current Assets	0.0	1.2B	54.7M	55.4M	81.2M	44.3M	58M	47.1M	49.2M	55M	25.4M	52.5M	47.3M	27.7M	22.3M	47.2M	40.7M	49.3M	59.1M	34.4M
Total Current Assets	1.1B	2B	484.3M	482.7M	614.4M	473M	334.3M	373.9M	259.5M	324.6M	294M	326.9M	343.7M	368.6M	129.4M	146.7M	236.8M	154.3M	213.2M	127.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	3.9B	6.4B	6.4B	6.6B	5.8B	5.1B	5.4B	2.8B	2.8B	2.8B	2.8B	2.8B	2.6B	2.7B	1.6B	1.5B	1.5B	1.5B	1.2B	1.1B
Intangible Assets	2.9B	2.4B	2.5B	2.8B	2.8B	3.2B	3.6B	3.3B	3.6B	3.7B	3.7B	4.2B	3.4B	3.1B	1.6B	1.5B	1.4B	1.4B	869M	724.9M
Goodwill & Intangible Assets	2.9B	2.4B	2.5B	2.8B	2.8B	3.2B	3.6B	3.3B	3.6B	3.7B	3.7B	4.2B	3.4B	3.1B	1.6B	1.5B	1.4B	1.4B	869M	724.9M
Long-Term Investments	3.4B	20.8M	24.5M	40.7M	47.9M	57.6M	13.3M	0.0	0.0	7.9M	8.1M	44.1M	52.8M	52.9M	49.5M	0.0	0.0	0.0	0.0	0.0
Tax Assets	35.7M	54M	67.5M	16.2M	51.9M	53.7M	4.3M	18.3M	1.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	254.6M	582.3M	720.5M	665.5M	475.8M	366.7M	414.5M	703.7M	648.5M	579.5M	493.1M	518.2M	421.1M	368.7M	204.3M	219.1M	144.3M	125.7M	110.1M	87.9M
Total Non-Current Assets	10.5B	9.4B	9.7B	10.1B	9.2B	8.7B	9.4B	6.8B	7.1B	7B	7B	7.5B	6.4B	6.2B	3.5B	3.3B	3.1B	3.1B	2.2B	1.9B
Total Assets	11.6B	11.4B	10.2B	10.6B	9.8B	9.2B	9.8B	7.2B	7.3B	7.4B	7.4B	7.8B	6.8B	6.6B	3.6B	3.4B	3.3B	3.2B	2.4B	2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	73M	66.8M	49.4M	70.5M	50.1M	119.6M	41.4M	42.2M	40.5M	28.3M	35M	48.2M	34.1M	37.3M	18.3M	11.8M	9.2M	9M	11.4M	10.8M
Accounts Payable	73M	59.5M	42.2M	51.4M	34.1M	110M	31.8M	34.3M	33.3M	28.3M	27.1M	42.9M	24.3M	27.7M	12.8M	11.8M	9.2M	9M	11.4M	10.8M
Other Payables	0.0	7.2M	7.1M	19.1M	16.1M	9.6M	9.6M	7.9M	7.1M	0.0	7.9M	5.3M	9.8M	9.6M	5.6M	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	137M	143M	147.2M	108.8M	107.8M	107.3M	104.5M	111.6M	105.6M	109.2M	113.4M	123M	78.7M	50.5M	53.7M	63.7M	27.5M	24.5M	17.6M
Short Term Debt	2.2B	1.2B	643.1M	24M	24M	24M	522.1M	941.7M	20M	627.2M	20M	32.5M	481.9M	475.4M	5M	0.0	28.6M	6M	0.0	0.0
Capital Lease Obligations (Current)	0.0	261M	273.5M	262.4M	238.5M	236M	247M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	7.2M	7.1M	19.1M	16.1M	9.6M	9.6M	7.9M	7.1M	7.6M	7.9M	5.3M	9.8M	9.6M	5.6M	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	117.3M	127.3M	235.7M	179.7M	190M	113.1M	113.5M	108.1M	98M	101.1M	97.1M	120M	94.7M	76.7M	49.8M	61.1M	54M	45.3M	37.6M	24.7M
Other Current Liabilities	-190.3M	17.9M	18.7M	12.9M	4.8M	14.3M	16.9M	9.8M	8.8M	11.2M	12.1M	16.9M	14M	195.7M	3.3M	3.9M	3.2M	2.9M	2.8M	5.3M
Total Current Liabilities	2.2B	1.8B	1.4B	696.8M	616.3M	614.8M	1B	1.2B	278.9M	873.4M	273.4M	331.1M	747.7M	863.7M	126.9M	130.6M	158.7M	90.6M	76.2M	58.4M
NON-CURRENT LIABILITIES
Long Term Debt	11B	12.4B	11.7B	12.8B	12.3B	11.1B	9.8B	9B	9.3B	8.1B	8.5B	7.8B	5.4B	4.9B	3.3B	2.8B	2.5B	2.4B	1.9B	1.6B
Deferred Revenue (Non-Current)	124.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	317.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	589.5M	367.9M	404.2M	248.1M	191.5M	186.2M	270.9M	387.4M	349.7M	335M	313.7M	342.6M	283.8M	206.8M	129.3M	112M	94.6M	80.5M	65.8M	47M
Total Non-Current Liabilities	14.1B	14.7B	14B	15.1B	14.5B	13.4B	12.4B	9.4B	9.6B	8.5B	8.7B	8.2B	5.7B	5.1B	3.5B	2.9B	2.6B	2.5B	2B	1.6B
Capital Lease Obligations	2.1B	2.2B	2.1B	2.3B	2.2B	2.3B	2.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	16.4B	16.5B	15.3B	15.8B	15.1B	14B	13.4B	10.6B	9.9B	9.4B	9.1B	8.5B	6.4B	5.9B	3.6B	3.1B	2.7B	2.7B	2B	1.7B
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	460K	184K	45K	486K	0.0	209K	0.0	0.0	0.0	0.0	280K	0.0
Common Stock	1.1M	1.1M	1.1M	1.1M	1.1M	1.1M	1.1M	1.1M	1.2M	1.2M	1.3M	1.3M	1.3M	1.3M	1.1M	1.1M	1.2M	1.2M	1.1M	1.1M
Additional Paid-In Capital	3.1B	3B	2.9B	2.8B	2.7B	2.6B	2.5B	2.3B	2.2B	2B	2B	2.1B	2.9B	3.1B	2.3B	2.2B	2.2B	2.1B	1.6B	1.5B
Retained Earnings	-7.2B	-7.3B	-7.5B	-7.5B	-7.2B	-6.6B	-5.6B	-5.1B	-4.4B	-3.6B	-3.2B	-2.5B	-2.5B	-2.5B	-2.3B	-1.9B	-1.6B	-1.4B	-1.2B	-1.1B
Accumulated Other Comprehensive Income/Loss	-664.1M	-760.3M	-615.2M	-590.5M	-762.3M	-807.6M	-568.8M	-511.9M	-379.5M	-370.2M	-502M	-182.5M	-33.7M	2.8M	485K	2.2M	-2.8M	-1.5M	-1.3M	-666K
Total Stockholders' Equity	-4.9B	-5.1B	-5.2B	-5.3B	-5.3B	-4.8B	-3.7B	-3.4B	-2.6B	-2B	-1.7B	-660.8M	357M	653M	-11.3M	317.1M	599M	491.8M	337.4M	385.9M
Total Equity	-4.8B	-5.1B	-5.1B	-5.2B	-5.3B	-4.8B	-3.7B	6.4B	6.6B	6.6B	-1.7B	-660.8M	357M	664.7M	751K	330.1M	599.9M	491.8M	337.4M	385.9M
Minority Interest	78.3M	54.1M	35M	31.7M	17.3M	15.2M	16.1M	9.8B	9.2B	8.6B	0.0	0.0	0.0	11.7M	12.1M	13M	915K	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	11.6B	11.4B	10.2B	10.6B	9.8B	9.2B	9.8B	7.2B	7.3B	7.4B	7.4B	7.8B	6.8B	6.6B	3.6B	3.4B	3.3B	3.2B	2.4B	2B
Total Investments	3.4B	275.3M	25.6M	42M	48.7M	57.6M	13.3M	0.0	0.0	7.9M	8.8M	49.6M	58.2M	58.4M	55.3M	4M	5.4M	162K	55.1M	0.0
Total Debt	15.3B	15.8B	14.5B	15.2B	14.5B	13.4B	12.9B	9.9B	9.3B	8.8B	8.5B	7.9B	5.9B	5.4B	3.4B	2.8B	2.5B	2.4B	1.9B	1.6B
Net Debt	14.9B	15.6B	14.3B	15B	14.2B	13.1B	12.8B	9.8B	9.2B	8.6B	8.3B	7.8B	5.8B	5.1B	3.3B	2.8B	2.3B	2.3B	1.8B	1.5B
Shares Outstanding	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779	107,514,779

SEC Filings

SBAC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 22, 2026	May 22, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 09, 2026	May 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 27, 2026	March 24, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 06, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 03, 2025	November 03, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 07, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 509 filings

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