Non-Current Assets

Net Operating Loss Carryforwards

SBA Communications Net Operating Loss Carryforwards decreased by 3.1% to $366.20M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $377.90M to $366.20M. Over 5 years (FY 2020 to FY 2025), Net Operating Loss Carryforwards shows a downward trend with a -11.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2025

How to read this metric

An increase suggests potential future tax savings, while a decrease indicates the company is utilizing these assets to offset taxable income.

Detailed definition

This represents the tax value of prior operating losses that can be applied to reduce future taxable income. It serves a...

Peer comparison

Common in capital-intensive industries or companies recovering from cyclical downturns.

Metric ID: net_operating_loss_carryforwards

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$654.70M$545.20M$382.30M$377.90M$366.20M
QoQ Change—-16.7%-29.9%-1.2%-3.1%
YoY Change—-16.7%-29.9%-1.2%-3.1%
Range$366.20M – $654.70M
CAGR-44.1%
Avg YoY Growth-12.7%
Median YoY Growth-9.9%
Current Streak4+ quarters decline

Frequently Asked Questions

What is SBA Communications's net operating loss carryforwards?
SBA Communications (SBAC) reported net operating loss carryforwards of $366.20M in Q4 2025.
How has SBA Communications's net operating loss carryforwards changed year-over-year?
SBA Communications's net operating loss carryforwards decreased by 3.1% year-over-year, from $377.90M to $366.20M.
What is the long-term trend for SBA Communications's net operating loss carryforwards?
Over 5 years (2020 to 2025), SBA Communications's net operating loss carryforwards has grown at a -11.0% compound annual growth rate (CAGR), from $654.70M to $366.20M.
What does net operating loss carryforwards mean?
The value of past losses that can be used to lower future tax bills.