SBA Communications Corporation (SBAC)

SBAC Balance Sheet

Assets, liabilities, and equity analysis

SBAC Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	489.311M	489.311M	1.103B	812.524M	523.808M	933.316M	1.979B	450.267M	460.006M
Cash & Cash Equivalents	327.837M	327.837M	432.372M	430.306M	275.275M	636.447M	189.841M	186.339M	220.508M
Short-Term Investments	0.00	0.00	6.648M	761K	1.551M	65.730M	254.534M	16.245M	30.400M
Cash & Short-Term Investments	327.837M	327.837M	439.020M	431.067M	276.826M	702.177M	444.375M	202.584M	250.908M
Accounts Receivable	161.474M	161.474M	663.934M	218.901M	189.575M	158.227M	284.533M	142.756M	115.561M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	11.721B	11.721B	11.575B	11.260B	10.766B	10.443B	11.417B	10.202B	9.786B
Property, Plant & Equipment	4.011B	4.011B	3.866B	7.081B	7.021B	6.488B	6.393B	6.486B	6.226B
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	2.880B	2.880B	2.882B	2.725B	2.580B	2.403B	2.389B	2.492B	2.314B
Long-Term Investments	3.416B	3.416B	3.434B	13.536M	15.962M	18.133M	20.779M	26.587M	19.247M
Total Current Liabilities	3.346B	3.346B	2.235B	1.611B	1.430B	1.343B	1.798B	667.843M	2.460B
Accounts Payable	63.549M	63.549M	73.034M	219.725M	60.820M	65.043M	59.549M	54.438M	50.738M
Short-Term Debt	2.684B	2.684B	2.235B	772.562M	772.181M	771.802M	1.188B	23.000M	1.806B
Total Liabilities	16.472B	16.472B	16.350B	16.118B	15.640B	15.351B	16.473B	15.327B	15.062B
Long-Term Debt	10.276B	10.276B	10.960B	11.933B	11.739B	11.654B	12.404B	12.296B	10.474B
Total Debt	15.416B	15.416B	15.319B	15.017B	14.806B	14.641B	15.756B	14.521B	14.298B
Net Debt (Cash)	15.088B	15.088B	14.887B	14.586B	14.530B	14.005B	15.566B	14.335B	14.077B
Total Shareholders' Equity	-4.752B	-4.752B	-4.854B	-4.934B	-4.939B	-4.971B	-5.110B	-5.175B	-5.317B
Common Stock	1.061M	1.061M	1.057M	1.068M	1.075M	1.080M	1.076M	1.075M	1.075M
Retained Earnings	-7.201B	-7.201B	-7.250B	-7.285B	-7.251B	-7.226B	-7.326B	-7.394B	-7.546B
Current Ratio	0.15	0.15	0.49	0.50	0.37	0.69	1.10	0.67	0.19
Debt to Equity Ratio	-3.24	-3.24	-3.16	-3.04	-3.00	-2.95	-3.08	-2.81	-2.69

SBAC Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	1.103B	1.979B	484.267M	482.733M	614.446M	472.990M	334.271M	373.854M
Cash & Cash Equivalents	432.372M	189.841M	208.547M	143.708M	367.278M	308.560M	108.309M	143.444M
Short-Term Investments	6.648M	254.534M	1.046M	1.331M	778K	0.00	0.00	0.00
Cash & Short-Term Investments	439.020M	444.375M	209.593M	145.039M	368.056M	308.560M	108.309M	143.444M
Accounts Receivable	663.934M	284.533M	202.126M	264.446M	150.794M	108.884M	158.438M	145.998M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	11.575B	11.417B	10.178B	10.585B	9.802B	9.158B	9.760B	7.214B
Property, Plant & Equipment	3.866B	6.393B	6.426B	6.603B	5.808B	5.051B	5.367B	2.786B
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	2.882B	2.389B	2.456B	2.776B	2.803B	3.156B	3.627B	3.331B
Long-Term Investments	3.434B	20.779M	24.540M	40.696M	47.889M	57.575M	13.255M	0.00
Total Current Liabilities	2.235B	1.798B	1.363B	696.764M	616.331M	614.801M	1.048B	1.206B
Accounts Payable	73.034M	59.549M	42.202M	51.427M	34.066M	109.969M	31.846M	34.308M
Short-Term Debt	2.235B	1.188B	643.145M	24.000M	24.000M	24.000M	522.090M	941.728M
Total Liabilities	16.350B	16.473B	15.314B	15.830B	15.068B	13.967B	13.411B	10.591B
Long-Term Debt	10.960B	12.404B	11.681B	12.844B	12.279B	11.072B	9.812B	8.997B
Total Debt	15.319B	15.756B	14.463B	15.171B	14.523B	13.426B	12.861B	9.939B
Net Debt (Cash)	14.887B	15.566B	14.255B	15.027B	14.155B	13.118B	12.753B	9.795B
Total Shareholders' Equity	-4.854B	-5.110B	-5.171B	-5.276B	-5.283B	-4.824B	-3.667B	-3.377B
Common Stock	1.057M	1.076M	1.080M	1.080M	1.089M	1.098M	1.118M	1.124M
Retained Earnings	-7.250B	-7.326B	-7.451B	-7.482B	-7.204B	-6.604B	-5.561B	-5.136B
Current Ratio	0.49	1.10	0.36	0.69	1.00	0.77	0.32	0.31
Debt to Equity Ratio	-3.16	-3.08	-2.80	-2.88	-2.75	-2.78	-3.51	-2.94

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About SBA Communications Corporation

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.

Boca Raton, FL

1,720 employees

www.sbasite.com

Real Estate / REIT - Specialty

Sector: Real Estate
Industry: REIT - Specialty
CEO: Brendan Thomas Cavanagh

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