SBA Communications Quarterly Balance Sheet
NASDAQ: SBACReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SBA Communications financial position
As of Jun 30, 2026, SBA Communications reported total assets of $11.74 billion, up 9.1% from a year earlier against total liabilities of $16.37 billion. Shareholders' equity was negative at -$4.63 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $327.1 million in cash and equivalents against $12.73 billion of debt, a net debt position of $12.40 billion.
The current ratio (current assets divided by current liabilities) was 0.17, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
SBA Communications balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 327.05M | 269.06M | 264.57M | 430.31M | 275.27M | 636.45M | 189.84M | 186.34M | 220.51M | 240.31M | 208.55M | 190.54M |
| Short-Term Investments | 28.89M | 112.06M | 6.65M | 761.00K | 1.55M | 65.73M | 254.53M | 16.25M | 30.40M | 1.58M | 1.05M | 1.14M |
| Receivables | 175.98M | 161.47M | 171.26M | 158.13M | 139.89M | 129.85M | 145.69M | 111.02M | 88.65M | 126.53M | 182.75M | 158.33M |
| Total Current Assets | 744.77M | 767.49M | 773.43M | 812.52M | 523.81M | 933.32M | 1.98B | 450.27M | 460.01M | 447.60M | 484.27M | 459.98M |
| Property, Plant & Equipment | 3.45B | 3.42B | 3.40B | 3.30B | 3.26B | 2.82B | 2.79B | 2.78B | 2.72B | 2.71B | 2.71B | 2.70B |
| Intangible Assets | 2.87B | 2.88B | 2.88B | 2.73B | 2.58B | 2.40B | 2.39B | 2.49B | 2.31B | 2.40B | 2.46B | 2.52B |
| Long-Term Investments | 22.83M | 21.68M | 21.05M | 13.54M | 15.96M | 18.13M | 20.78M | 26.59M | 19.25M | 22.02M | 24.54M | 31.57M |
| Total Assets | 11.74B | 11.72B | 11.58B | 11.26B | 10.77B | 10.44B | 11.42B | 10.20B | 9.79B | 10.00B | 10.18B | 10.33B |
| Accounts Payable | 70.06M | 63.55M | 73.03M | 219.72M | 60.82M | 65.04M | 59.55M | 54.44M | 50.74M | 45.76M | 42.20M | 46.61M |
| Short-Term Debt | 3.58B | 2.68B | 1.94B | 772.56M | 772.18M | 771.80M | 1.19B | 23.00M | 1.81B | 1.81B | 643.14M | 24.00M |
| Total Current Liabilities | 4.34B | 3.35B | 2.68B | 1.61B | 1.43B | 1.34B | 1.80B | 667.84M | 2.46B | 2.41B | 1.36B | 663.15M |
| Long-Term Debt | 9.15B | 10.28B | 10.96B | 11.93B | 11.74B | 11.65B | 12.40B | 12.30B | 10.47B | 10.55B | 11.68B | 12.49B |
| Total Liabilities | 16.37B | 16.47B | 16.43B | 16.19B | 15.71B | 15.41B | 16.53B | 15.38B | 15.10B | 15.22B | 15.35B | 15.50B |
| Shareholders' Equity | -4.63B | -4.75B | -4.85B | -4.93B | -4.94B | -4.97B | -5.11B | -5.17B | -5.32B | -5.22B | -5.17B | -5.17B |
| Retained Earnings | -7.14B | -7.20B | -7.25B | -7.28B | -7.25B | -7.23B | -7.33B | -7.39B | -7.55B | -7.51B | -7.45B | -7.42B |
| Total Debt | 12.73B | 12.96B | 12.90B | 12.71B | 12.51B | 12.43B | 13.59B | 12.32B | 12.28B | 12.36B | 12.32B | 12.52B |
| Net Cash (Debt) | -12.37B | -12.58B | -12.63B | -12.27B | -12.23B | -11.72B | -13.15B | -12.12B | -12.03B | -12.11B | -12.11B | -12.32B |
| Shares Outstanding | 106.09M | 106.06M | 105.67M | 106.77M | 107.49M | 108.03M | 107.56M | 107.51M | 107.47M | 107.88M | 108.05M | 108.12M |
This table shows 12 quarterly periods of SBA Communications's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow SBAC's reporting calendar. What is a balance sheet?