Current Liabilities

Lease Liability Current

SBA Communications Lease Liability Current increased by 1.8% to $304.96M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.0%, from $267.54M to $304.96M. Over 5 years (FY 2020 to FY 2025), Lease Liability Current shows an upward trend with a 4.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates higher near-term cash requirements for site leases, potentially impacting short-term free cash flow.

Detailed definition

This represents the portion of lease obligations for land or sites that must be paid within the next twelve months. It i...

Peer comparison

Standard for companies with significant operating lease portfolios.

Metric ID: current_liabilities_lease_liability_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$242.52M$238.71M$238.50M$254.45M$256.57M$255.61M$262.37M$270.31M$274.83M$272.44M$273.46M$270.32M$262.78M$270.92M$261.02M$267.54M$289.47M$291.54M$299.60M$304.96M
QoQ Change-1.6%-0.1%+6.7%+0.8%-0.4%+2.6%+3.0%+1.7%-0.9%+0.4%-1.2%-2.8%+3.1%-3.7%+2.5%+8.2%+0.7%+2.8%+1.8%
YoY Change+5.8%+7.1%+10.0%+6.2%+7.1%+6.6%+4.2%+0.0%-4.4%-0.6%-4.6%-1.0%+10.2%+7.6%+14.8%+14.0%
Range$238.50M$304.96M
CAGR+4.9%
Avg YoY Growth+5.2%
Median YoY Growth+6.4%
Current Streak5 quarters growth

Frequently Asked Questions

What is SBA Communications's lease liability current?
SBA Communications (SBAC) reported lease liability current of $304.96M in Q1 2026.
How has SBA Communications's lease liability current changed year-over-year?
SBA Communications's lease liability current increased by 14.0% year-over-year, from $267.54M to $304.96M.
What is the long-term trend for SBA Communications's lease liability current?
Over 5 years (2020 to 2025), SBA Communications's lease liability current has grown at a 4.9% compound annual growth rate (CAGR), from $236.04M to $299.60M.
What does lease liability current mean?
The portion of lease payments due within the next year.