SBA Communications Corporation (SBAC)

SBA Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	269.06	264.57	189.84	208.55	143.71	367.28
Cash & Short-Term Investments	269.06	264.57	189.84	208.55	143.71	367.28
Cash Growth	-57.72%	39.36%	-8.97%	45.12%	-60.87%	19.03%
Accounts Receivable	161.47	171.26	145.7	182.75	184.37	101.95
Restricted Cash	58.77	167.8	1,207	38.13	41.96	65.56
Other Current Assets	278.18	169.8	436.53	54.85	112.7	79.66
Total Current Assets	767.49	773.43	1,979	484.27	482.73	614.45
Net Property, Plant & Equipment	7,427	7,267	6,393	6,426	6,603	5,808
Other Intangible Assets	2,880	2,882	2,389	2,456	2,776	2,803
Other Long-Term Assets	646.21	651.99	657.1	812.48	722.37	575.64
Total Assets	11,721	11,575	11,417	10,178	10,585	9,802
Accounts Payable	63.55	73.03	59.55	42.2	51.43	34.07
Accrued Expenses	124.2	158.54	144.22	150.12	155.66	117.17
Current Portion of Long-Term Debt	2,684	1,936	1,188	643.15	24	24
Current Portion of Leases	304.96	299.6	261.02	273.46	262.37	238.5
Unearned Revenue	103.65	117.31	127.31	235.67	154.55	184.38
Other Current Liabilities	65.8	94.01	17.93	18.66	48.76	18.22
Total Current Liabilities	3,346	2,678	1,798	1,363	696.76	616.33
Long-Term Debt	10,276	10,965	12,404	11,681	12,844	12,279
Long-Term Leases	2,151	2,119	1,903	1,866	2,041	1,981
Other Long-Term Liabilities	613.49	588.24	367.94	404.16	248.07	191.48
Total Long-Term Liabilities	13,041	13,672	14,675	13,951	15,133	14,452
Total Liabilities	16,387	16,350	16,473	15,314	15,830	15,068
Common Stock	1.06	1.06	1.08	1.08	1.08	1.09
Additional Paid-in Capital	3,085	3,059	2,975	2,894	2,795	2,681
Accumulated Other Comprehensive Income	-636.73	-664.1	-760.28	-615.2	-590.51	-762.31
Retained Earnings	-7,201	-7,250	-7,326	-7,451	-7,482	-7,204
Total Common Shareholders' Equity	-4,752	-4,854	-5,110	-5,171	-5,276	-5,283
Minority Interest	85.74	78.26	54.13	35.05	31.74	17.25
Shareholders' Equity	-4,666	-4,775	-5,056	-5,136	-5,245	-5,266
Total Liabilities & Equity	11,721	11,575	11,417	10,178	10,585	9,802
Total Debt	15,416	15,319	15,756	14,464	15,171	14,523
Net Cash (Debt)	-15,147	-15,055	-15,566	-14,255	-15,027	-14,155
Net Cash Per Share	-141.44	-140.00	-144.03	-130.89	-137.38	-127.32
Book Value	-4,752	-4,854	-5,110	-5,171	-5,276	-5,283
Book Value Per Share	-44.37	-45.14	-47.28	-47.48	-48.24	-47.52
Tangible Book Value	-7,632	-7,736	-7,499	-7,626	-8,053	-8,087
Tangible Book Value Per Share	-71.26	-71.94	-69.38	-70.03	-73.62	-72.74

Updated May 5, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q