SBA Communications Quarterly Cash Flow Statement
NASDAQ: SBACReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SBA Communications free cash flow
In the quarter ended Jun 30, 2026, SBA Communications generated $407.2 million of operating cash flow and spent $62.4 million on capital expenditures. That left free cash flow of $344.8 million, a free-cash-flow margin of 48.2% of revenue. Free cash flow was up 10.4% from the prior year's $312.2 million.
SBA Communications returned $132.7 million to shareholders through dividends, equal to 38% of free cash flow. Free cash flow covered dividend payments 2.6 times.
Summary generated from market data by MetaCap's automated system. Methodology
SBA Communications cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 196.47M | 184.90M | 370.43M | 240.43M | 225.69M | 217.91M | 178.79M | 255.89M | 159.45M | 154.54M | 109.53M | 85.36M |
| Net Income growth (YoY) | -12.95% | -15.15% | +107.18% | -6.04% | +41.54% | +41.00% | +63.24% | +199.77% | -21.05% | +53.69% | +6.78% | -14.43% |
| Depreciation & Amortization | 81.37M | 81.32M | 80.39M | 76.88M | 69.96M | 65.05M | 65.07M | 63.52M | 64.18M | 76.75M | 171.40M | 180.67M |
| Stock-Based Compensation | 26.80M | 18.94M | 19.18M | 19.32M | 21.52M | 15.71M | 17.93M | 16.37M | 18.60M | 21.47M | 22.09M | 21.37M |
| Change in Working Capital | 41.13M | -58.48M | -117.68M | -9.76M | -26.15M | -26.39M | -91.95M | -31.79M | 37.18M | -42.46M | 34.81M | -41.97M |
| Operating Cash Flow | 407.18M | 255.09M | 304.02M | 318.03M | 368.10M | 301.18M | 310.17M | 304.65M | 425.59M | 294.45M | 432.61M | 313.68M |
| Capital Expenditures | -62.42M | -48.40M | -62.73M | -60.05M | -55.87M | -46.17M | -55.55M | -64.76M | -49.97M | -57.87M | -62.72M | -61.39M |
| Investing Cash Flow | -13.72M | -296.77M | -180.82M | -78.31M | -580.96M | 238.27M | -328.89M | -273.90M | -121.21M | -85.31M | -106.37M | -103.53M |
| Dividends Paid | -132.65M | -135.19M | -118.23M | -119.14M | -119.36M | -122.28M | -105.38M | -105.34M | -105.33M | -108.14M | -91.76M | -92.13M |
| Share Repurchases | — | — | -216.27M | -150.84M | — | — | 0 | 0 | -93.86M | -106.16M | -46.36M | — |
| Debt Issued | — | — | — | — | — | — | 5.75M | 0 | -10.00K | 2.27B | — | — |
| Debt Repaid | -5.75M | -5.75M | -5.75M | -11.50M | 0 | -5.75M | -12.74M | -5.75M | -5.75M | -2.27B | -6.00M | -6.00M |
| Financing Cash Flow | -366.73M | -69.61M | -143.36M | -79.80M | -158.28M | -1.28B | 1.18B | -65.91M | -276.52M | -191.41M | -311.55M | -230.78M |
| Net Change in Cash | 28.25M | -104.51M | -28.37M | 164.87M | -363.58M | -736.55M | 1.15B | -31.65M | 18.81M | 13.39M | 18.86M | -23.43M |
| Free Cash Flow | 344.76M | 206.69M | 241.30M | 257.98M | 312.23M | 255.00M | 254.62M | 239.90M | 375.62M | 236.58M | 369.89M | 252.29M |
This table shows 12 quarterly periods of SBA Communications's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow SBAC's reporting calendar. What is a cash flow statement?