Current Assets
Contract Assets
SBA Communications Contract Assets decreased by 17.1% to $23.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.1%, from $26.84M to $23.33M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows a downward trend with a -4.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026
How to read this metric
A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.
Detailed definition
Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...
Peer comparison
Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.
Metric ID:
contract_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.24M | $40.86M | $48.84M | $48.03M | $54.78M | $81.67M | $79.55M | $58.82M | $42.15M | $28.33M | $16.25M | $16.54M | $19.81M | $24.74M | $19.20M | $26.84M | $46.81M | $49.56M | $28.15M | $23.33M |
| QoQ Change | — | +22.9% | +19.5% | -1.7% | +14.1% | +49.1% | -2.6% | -26.1% | -28.3% | -32.8% | -42.6% | +1.7% | +19.8% | +24.9% | -22.4% | +39.8% | +74.4% | +5.9% | -43.2% | -17.1% |
| YoY Change | — | — | — | — | +64.8% | +99.9% | +62.9% | +22.5% | -23.1% | -65.3% | -79.6% | -71.9% | -53.0% | -12.7% | +18.1% | +62.3% | +136.3% | +100.3% | +46.6% | -13.1% |
Range$16.25M – $81.67M
CAGR-7.2%
Avg YoY Growth+18.4%
Median YoY Growth+20.3%
Current Streak2 quarters decline
Contract Assets at Other Companies
Frequently Asked Questions
- What is SBA Communications's contract assets?
- SBA Communications (SBAC) reported contract assets of $23.33M in Q1 2026.
- How has SBA Communications's contract assets changed year-over-year?
- SBA Communications's contract assets decreased by 13.1% year-over-year, from $26.84M to $23.33M.
- What is the long-term trend for SBA Communications's contract assets?
- Over 5 years (2020 to 2025), SBA Communications's contract assets has grown at a -4.1% compound annual growth rate (CAGR), from $34.80M to $28.15M.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.