Every 10-Q that SBA Communications Corp (SBAC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SBAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SBAC filings page.
SBA Communications Corporation reported total revenues of $715,274 for the three months ended June 30, 2026, up from $698,981 in 2025, driven by higher site leasing revenue. Operating income rose to $351,861, but net income attributable to the company declined to $198,777 versus $225,794, as total other expense, net, increased to ($119,396).
For the six-month period, revenues grew to $1,418,712 from $1,363,229, while net income attributable to SBA Communications decreased to $383,611 from $446,525, and diluted EPS fell to $3.61. Cash, cash equivalents, and restricted cash were $360,759 at June 30, 2026; long-term debt, net, was $9,150,666 with current maturities of long-term debt at $3,578,556. Net cash provided by operating activities was $662,263, funding $172,284 of tower and land acquisitions and supporting reduced net cash outflows from financing.
SBA Communications reported Q1 2026 revenue of $703.4 million, up from $664.2 million a year earlier, driven mainly by international site leasing growth after acquiring over 7,000 towers, including sites from the Millicom transaction.
Net income was $184.9 million versus $217.9 million in Q1 2025, with diluted EPS of $1.74 compared with $2.04, as higher interest expense and lower gains on intercompany loan remeasurement weighed on profits. Adjusted EBITDA rose to $475.4 million from $457.3 million. The company ended the quarter with total assets of $11.7 billion, total debt of $13.0 billion, and generated operating cash flow of $255.1 million, funding $192.2 million of capital spending and a quarterly dividend of $1.25 per share.
SBA Communications (SBAC) reported Q3 2025 results with total revenue of $732.3 million, up from $667.6 million year over year. Site leasing contributed $656.4 million and site development $75.9 million. Operating income was $374.2 million. Diluted EPS was $2.20.
Through nine months, revenue reached $2.10 billion and net income attributable to the company was $683.3 million. Cash from operating activities was $987.3 million, supporting $664.4 million of tower acquisitions and $162.1 million of capital expenditures. The company acquired 5,120 towers year to date, including 5,090 sites from Millicom, and later closed on an additional 2,020 Millicom sites for approximately $217.4 million in cash. It also sold all towers in the Philippines and Colombia for $40.3 million and sold 365 Canadian towers for CAD$446.0 million.
Total debt was $12.77 billion, including a $2.27 billion 2024 Term Loan and $280.0 million outstanding on the Revolving Credit Facility; the 2019-1C Tower Securities were repaid. The company repurchased 1.4 million shares for $284.8 million year to date and paid three quarterly cash dividends of $1.11 per share, with another $1.11 declared for payment on December 11, 2025.