Other Income & Expense

Interest Expense

SBA Communications Interest Expense increased by 59.6% to $155.29M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.4%, from $132.22M to $155.29M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 6.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.

Detailed definition

Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...

Peer comparison

Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.

Metric ID: interest_expense

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$51.08M$129.08M$61.93M$107.59M$60.21M$109.42M$70.44M$127.09M$74.33M$124.38M$70.79M$121.14M$72.05M$121.51M$80.41M$132.22M$79.72M$158.19M$97.27M$155.29M
QoQ Change+152.7%-52.0%+73.7%-44.0%+81.7%-35.6%+80.4%-41.5%+67.3%-43.1%+71.1%-40.5%+68.6%-33.8%+64.4%-39.7%+98.4%-38.5%+59.6%
YoY Change+17.9%-15.2%+13.7%+18.1%+23.5%+13.7%+0.5%-4.7%-3.1%-2.3%+13.6%+9.1%+10.6%+30.2%+21.0%+17.4%
Range$51.08M$158.19M
CAGR+26.4%
Avg YoY Growth+10.3%
Median YoY Growth+13.6%

Frequently Asked Questions

What is SBA Communications's interest expense?
SBA Communications (SBAC) reported interest expense of $155.29M in Q1 2026.
How has SBA Communications's interest expense changed year-over-year?
SBA Communications's interest expense increased by 17.4% year-over-year, from $132.22M to $155.29M.
What is the long-term trend for SBA Communications's interest expense?
Over 4 years (2021 to 2025), SBA Communications's interest expense has grown at a 6.7% compound annual growth rate (CAGR), from $360.52M to $467.40M.
What does interest expense mean?
The cost of borrowing money, paid as interest on debt.