SBAC · XBRL financial data

Sba Communications financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (SBAC's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	683	675	658	660	668	694	664	699	732	720	703	715
Revenue from contracts with customers	45	39*	30	34	42	47*	48	67	76	53*	47	51
Cost of revenue	150	144*	138	141	150	152*	154	172	190	175*	171	176
Cost of goods and services sold	31	25*	23	27	32	36*	38	54	63	45*	39	42
Gross profit	533	531*	520	519	517	542*	511	527	543	544*	532	539
Selling, general and administrative	65	68*	69	62	60	68*	66	71	66	74*	71	78
Operating income (loss)	249	210	323	354	376	382	335	335	374	299	343	352
Interest income	5	6*	7	7	7	21*	11	8	6	7*	5	6
Other income (expense)	(48)	33*	(45)	(105)	24	(125)*	32	44	36	254*	23	10
Income tax expense (benefit)	8	29*	17	(12)	42	(23)*	42	35	49	62*	51	36
Net income (loss)	87	110	155	163	259	174	221	226	237	370	185	199
Earnings per share, basic USD per share	0.81	1.01	1.43	1.52	2.41	1.61	2.05	2.10	2.21	3.48	1.75	1.87
Earnings per share, diluted USD per share	0.80	1.01	1.42	1.51	2.40	1.61	2.04	2.09	2.20	3.47	1.74	1.87
Weighted average shares, basic millions of shares	108	108*	108	107	107	108*	108	108	107	106*	106	106
Weighted average shares, diluted millions of shares	109	109*	109	108	108	108*	108	108	108	107*	106	106

Balance sheet

CSV

Fiscal quarters (SBAC's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	191	209	240	221	186	190	636	275	430	265	269	327
Short-term investments	1	1	2	30	16	255	66	2	1	7	112	29
Accounts receivable	158	183	127	89	111	146	130	140	158	171	161	176
Prepaid and other current assets	46	39	44	73	67	417	117	41	144	142	255	188
Total current assets	460	484	448	460	450	1,979	933	524	813	773	767	745
Property and equipment, net	2,701	2,712	2,710	2,720	2,784	2,792	2,819	3,258	3,296	3,402	3,416	3,453
Right-of-use asset	2,316	2,241	2,186	2,129	2,323	2,292	2,340	2,419	2,435	2,540	2,679	2,695
Total assets	10,334	10,178	9,995	9,786	10,202	11,417	10,443	10,766	11,260	11,575	11,721	11,742
Accounts payable	47	42	46	51	54	60	65	61	220	73	64	70
Accrued liabilities	93	93	77	76	89	82	75	86	98	94	85	89
Current portion of long-term debt	24	643	1,805	1,806	23	1,188	772	772	773	1,936	2,684	3,579
Total current liabilities	663	1,363	2,413	2,460	668	1,798	1,343	1,430	1,611	2,678	3,346	4,337
Long-term debt	12,491	11,681	10,551	10,474	12,296	12,404	11,654	11,739	11,933	10,964	10,276	9,151
Lease liability, non-current	—	1,863	—	—	—	1,902	—	—	—	2,115	—	—
Accumulated deficit	(7,422)	(7,451)	(7,509)	(7,546)	(7,394)	(7,326)	(7,226)	(7,251)	(7,285)	(7,250)	(7,201)	(7,136)
Total stockholders' equity	(5,166)	(5,171)	(5,223)	(5,317)	(5,175)	(5,110)	(4,971)	(4,939)	(4,934)	(4,854)	(4,752)	(4,630)
Total liabilities and equity	10,334	10,178	9,995	9,786	10,202	11,417	10,443	10,766	11,260	11,575	11,721	11,742
Common shares outstanding (cover page) millions of shares	108	108	107	107	108	108	107	107	107	106	106	106

Cash flows

CSV

Fiscal quarters (SBAC's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	87	110	155	163	259	174	221	226	237	370	185	199
Stock-based compensation	21*	22*	21	19*	16*	18*	16	22*	19*	19*	19	27*
Net cash from operating activities	314*	433*	294	426*	305*	310*	301	368*	318*	304*	255	407*
Purchases of property and equipment	61*	63*	58	50*	65*	56*	46	56*	60*	63*	48	62*
Net cash from investing activities	(104)*	(106)*	(85)	(121)*	(274)*	(329)*	238	(581)*	(78)*	(181)*	(297)	(14)*
Share repurchases	—	46*	106	94*	0*	0*	—	—	151*	216*	—	—
Dividends paid	92*	92*	108	105*	105*	105*	122	119*	119*	118*	135	133*
Net cash from financing activities	(231)*	(312)*	(191)	(277)*	(66)*	1,180*	(1,282)	(158)*	(80)*	(143)*	(70)	(367)*
Net change in cash	(23)*	19*	13	19*	(32)*	1,149*	(737)	(364)*	165*	(28)*	(105)	28*

Compare with peers

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Sba Communications	327	715	407*	106.1M	Q2 FY26 10-QJun 30, 2026
Plymouth Industrial REIT	42	51	20*	44.6M	Q3 FY25 10-QSep 30, 2025
Vivmark Residential	36	not reported	302*	374.9M	Q2 FY26 10-QJun 30, 2026
Ventas	202	1,832	490*	528.8M	Q3 FY26 10-QSep 30, 2026
Avalonbay Communities	81	778	364*	142.8M	Q2 FY26 10-QJun 30, 2026
Iron Mountain	205	2,029	549*	297.7M	Q2 FY26 10-QJun 30, 2026
Extra Space Storage	115	35	467*	208.7M	Q3 FY26 10-QSep 30, 2026
EagleRock Land	62	42	not reported	not reported	Q2 FY26 10-QJun 30, 2026
Texas Pacific Land	249	246	173*	69.0M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.