SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
174.15
-8.13 (-4.46%)
At close: Mar 20, 2026, 4:00 PM EDT
175.80
+1.65 (0.95%)
After-hours: Mar 20, 2026, 7:59 PM EDT
SBA Communications Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Cash & Equivalents | 264.57 | 430.31 | 275.28 | 636.45 | 189.84 | 186.34 | 220.51 | 240.31 | 208.55 | 190.55 | 179.17 | 152.77 | 143.71 | 201.21 | 183.07 | 263.57 | 367.28 | 187.81 | 273.8 | 176.62 |
Cash & Short-Term Investments | 264.57 | 430.31 | 275.28 | 636.45 | 189.84 | 186.34 | 220.51 | 240.31 | 208.55 | 190.55 | 179.17 | 152.77 | 143.71 | 201.21 | 183.07 | 263.57 | 367.28 | 187.81 | 273.8 | 176.62 |
Cash Growth | 39.36% | 130.93% | 24.84% | 164.84% | -8.97% | -2.21% | 23.07% | 57.30% | 45.12% | -5.30% | -2.13% | -42.04% | -60.87% | 7.14% | -33.14% | 49.23% | 19.03% | -30.92% | -36.82% | -4.08% |
Accounts Receivable | 171.26 | 158.13 | 139.89 | 129.85 | 145.7 | 111.02 | 88.65 | 126.53 | 182.75 | 158.33 | 160.31 | 183.13 | 184.37 | 116.97 | 115.14 | 121.58 | 101.95 | 76.08 | 85.98 | 86.17 |
Restricted Cash | 167.8 | 30.47 | 20.76 | 23.17 | 1,207 | 61.02 | 58.47 | 19.89 | 38.13 | 37.22 | 72.08 | 36.62 | 41.96 | 75.17 | 64.5 | 69.78 | 65.56 | 63.74 | 62.37 | 62.93 |
Other Current Assets | 169.8 | 193.63 | 87.89 | 143.85 | 436.53 | 91.89 | 92.37 | 60.87 | 54.85 | 73.88 | 107.06 | 99.03 | 112.7 | 136.47 | 132.2 | 84.49 | 79.66 | 76.17 | 60.08 | 64.21 |
Total Current Assets | 773.43 | 812.52 | 523.81 | 933.32 | 1,979 | 450.27 | 460.01 | 447.6 | 484.27 | 459.98 | 518.62 | 471.55 | 482.73 | 529.81 | 494.9 | 539.42 | 614.45 | 403.79 | 482.23 | 389.93 |
Net Property, Plant & Equipment | 7,267 | 7,081 | 7,021 | 6,488 | 6,393 | 6,486 | 6,226 | 6,337 | 6,426 | 6,505 | 6,603 | 6,605 | 6,603 | 5,973 | 6,037 | 6,054 | 5,808 | 5,843 | 5,934 | 5,869 |
Other Intangible Assets | 2,882 | 2,725 | 2,580 | 2,403 | 2,389 | 2,492 | 2,314 | 2,404 | 2,456 | 2,524 | 2,628 | 2,694 | 2,776 | 2,702 | 2,801 | 2,910 | 2,803 | 2,907 | 3,052 | 2,984 |
Other Long-Term Assets | 651.99 | 642.06 | 641.65 | 618.34 | 657.1 | 772.94 | 785.94 | 806.54 | 812.48 | 845.23 | 855.25 | 771.06 | 722.37 | 744.2 | 679.83 | 638.41 | 575.64 | 514.03 | 492 | 520.89 |
Total Assets | 11,575 | 11,260 | 10,766 | 10,443 | 11,417 | 10,202 | 9,786 | 9,995 | 10,178 | 10,334 | 10,604 | 10,542 | 10,585 | 9,949 | 10,012 | 10,142 | 9,802 | 9,668 | 9,960 | 9,763 |
Accounts Payable | 73.03 | 219.73 | 60.82 | 65.04 | 59.55 | 54.44 | 50.74 | 45.76 | 42.2 | 46.61 | 47.03 | 53.55 | 51.43 | 51.31 | 41.46 | 40.58 | 34.07 | 34.79 | 34.6 | 33.61 |
Accrued Expenses | 158.54 | 135.38 | 161.19 | 109.45 | 144.22 | 121.4 | 134.25 | 109.64 | 150.12 | 122.81 | 139.23 | 121.01 | 155.66 | 121.28 | 136.54 | 104.34 | 117.17 | 96.45 | 135.05 | 84.22 |
Current Portion of Long-Term Debt | 1,936 | 772.56 | 772.18 | 771.8 | 1,188 | 23 | 1,806 | 1,805 | 643.15 | 24 | 24 | 24 | 24 | 663.18 | 662.72 | 662.26 | 24 | 24 | 24 | 24 |
Current Portion of Leases | 299.6 | 291.54 | 289.47 | 267.54 | 261.02 | 270.92 | 262.78 | 270.32 | 273.46 | 272.44 | 274.83 | 270.31 | 262.37 | 255.61 | 256.57 | 254.45 | 238.5 | 238.71 | 242.52 | 231.95 |
Unearned Revenue | 117.31 | 132.34 | 125.37 | 110.37 | 127.31 | 183.98 | 191.33 | 161.13 | 235.67 | 175.8 | 230.07 | 145.4 | 154.55 | 216.93 | 199.83 | 195.55 | 184.38 | 184.34 | 177 | 174.35 |
Other Current Liabilities | 94.01 | 59.43 | 20.68 | 18.81 | 17.93 | 14.11 | 14.17 | 21.05 | 18.66 | 21.49 | 23.24 | 24.51 | 48.76 | 30.07 | 21.09 | 21.37 | 18.22 | 13.74 | 12.85 | 12.63 |
Total Current Liabilities | 2,678 | 1,611 | 1,430 | 1,343 | 1,798 | 667.84 | 2,460 | 2,413 | 1,363 | 663.15 | 738.39 | 638.78 | 696.76 | 1,338 | 1,318 | 1,279 | 616.33 | 592.02 | 626.01 | 560.76 |
Long-Term Debt | 10,964 | 11,933 | 11,739 | 11,654 | 12,404 | 12,296 | 10,474 | 10,551 | 11,681 | 12,491 | 12,572 | 12,798 | 12,844 | 11,696 | 11,818 | 11,969 | 12,279 | 11,823 | 11,908 | 12,020 |
Long-Term Leases | 2,119 | 2,020 | 2,005 | 1,947 | 1,903 | 1,931 | 1,755 | 1,806 | 1,866 | 1,979 | 2,018 | 2,033 | 2,041 | 2,018 | 2,047 | 2,051 | 1,981 | 2,013 | 2,065 | 2,035 |
Other Long-Term Liabilities | 588.24 | 554.22 | 466.34 | 406.21 | 367.94 | 432.16 | 373.7 | 411.39 | 404.16 | 332.22 | 330.84 | 302.72 | 248.07 | 221.02 | 227.58 | 232.8 | 191.48 | 183.55 | 185.59 | 179.07 |
Total Long-Term Liabilities | 13,672 | 14,507 | 14,210 | 14,008 | 14,675 | 14,660 | 12,603 | 12,768 | 13,951 | 14,802 | 14,921 | 15,134 | 15,133 | 13,935 | 14,092 | 14,253 | 14,452 | 14,019 | 14,159 | 14,234 |
Total Liabilities | 16,350 | 16,118 | 15,640 | 15,351 | 16,473 | 15,327 | 15,062 | 15,182 | 15,314 | 15,466 | 15,659 | 15,772 | 15,830 | 15,273 | 15,411 | 15,531 | 15,068 | 14,611 | 14,785 | 14,795 |
Common Stock | 1.06 | 1.07 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.09 | 1.1 | 1.1 | 1.09 |
Additional Paid-in Capital | 3,059 | 3,038 | 3,023 | 2,991 | 2,975 | 2,942 | 2,930 | 2,915 | 2,894 | 2,848 | 2,825 | 2,800 | 2,795 | 2,756 | 2,718 | 2,689 | 2,681 | 2,712 | 2,658 | 2,610 |
Accumulated Other Comprehensive Income | -664.1 | -688.1 | -711.55 | -736.62 | -760.28 | -723.65 | -701.78 | -629.74 | -615.2 | -594.31 | -555.57 | -596.37 | -590.51 | -613.89 | -626.47 | -591.36 | -762.31 | -780.51 | -739 | -808.43 |
Retained Earnings | -7,250 | -7,285 | -7,251 | -7,226 | -7,326 | -7,394 | -7,546 | -7,509 | -7,451 | -7,422 | -7,363 | -7,474 | -7,482 | -7,508 | -7,531 | -7,524 | -7,204 | -6,891 | -6,759 | -6,848 |
Total Common Shareholders' Equity | -4,854 | -4,934 | -4,939 | -4,971 | -5,110 | -5,175 | -5,317 | -5,223 | -5,171 | -5,166 | -5,092 | -5,269 | -5,276 | -5,365 | -5,439 | -5,425 | -5,283 | -4,958 | -4,840 | -5,045 |
Minority Interest | 78.26 | 76.61 | 65.16 | 62.6 | 54.13 | 49.09 | 40.82 | 36.58 | 35.05 | 35.05 | 37.57 | 38.18 | 31.74 | 40.62 | 39.88 | 36.04 | 17.25 | 15.18 | 15.18 | 13.68 |
Shareholders' Equity | -4,775 | -4,857 | -4,874 | -4,908 | -5,056 | -5,126 | -5,276 | -5,186 | -5,136 | -5,131 | -5,055 | -5,231 | -5,245 | -5,324 | -5,399 | -5,389 | -5,266 | -4,943 | -4,825 | -5,032 |
Total Liabilities & Equity | 11,575 | 11,260 | 10,766 | 10,443 | 11,417 | 10,202 | 9,786 | 9,995 | 10,178 | 10,334 | 10,604 | 10,542 | 10,585 | 9,949 | 10,012 | 10,142 | 9,802 | 9,668 | 9,960 | 9,763 |
Total Debt | 15,319 | 15,017 | 14,806 | 14,641 | 15,756 | 14,521 | 14,298 | 14,433 | 14,463 | 14,767 | 14,889 | 15,125 | 15,171 | 14,633 | 14,784 | 14,937 | 14,523 | 14,098 | 14,240 | 14,311 |
Net Cash (Debt) | -15,055 | -14,586 | -14,530 | -14,005 | -15,566 | -14,335 | -14,077 | -14,192 | -14,255 | -14,576 | -14,710 | -14,973 | -15,027 | -14,431 | -14,601 | -14,673 | -14,155 | -13,911 | -13,966 | -14,134 |
Net Cash Per Share | -141.16 | -135.61 | - | - | -143.99 | -132.83 | - | - | -131.28 | - | - | - | -137.49 | -131.97 | -133.53 | -134.07 | -127.84 | -124.69 | -125.48 | -129.12 |
Book Value | -4,854 | -4,934 | -4,939 | -4,971 | -5,110 | -5,175 | -5,317 | -5,223 | -5,171 | -5,166 | -5,092 | -5,269 | -5,276 | -5,365 | -5,439 | -5,425 | -5,283 | -4,958 | -4,840 | -5,045 |
Book Value Per Share | -45.51 | -45.87 | - | - | -47.27 | -47.95 | - | - | -47.62 | - | - | - | -48.27 | -49.06 | -49.74 | -49.57 | -47.72 | -44.44 | -43.48 | -46.09 |
Tangible Book Value | -7,736 | -7,659 | -7,519 | -7,374 | -7,499 | -7,667 | -7,631 | -7,627 | -7,626 | -7,690 | -7,720 | -7,963 | -8,053 | -8,067 | -8,239 | -8,335 | -8,087 | -7,865 | -7,891 | -8,029 |
Tangible Book Value Per Share | -72.53 | -71.21 | - | - | -69.36 | -71.04 | - | - | -70.24 | - | - | - | -73.68 | -73.76 | -75.35 | -76.16 | -73.03 | -70.50 | -70.90 | -73.35 |
Updated Feb 26, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.