Other

Contract With Customer Net Asset Liability

SBA Communications Contract With Customer Net Asset Liability decreased by 15.8% to $17.67M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.4%, from $23.37M to $17.67M. Over 5 years (FY 2020 to FY 2025), Contract With Customer Net Asset Liability shows a downward trend with a -8.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

A net asset position suggests future billing potential, whereas a net liability position represents an obligation to provide future services for cash already received.

Detailed definition

The net position representing the difference between cumulative revenue recognized and cumulative billings issued for cu...

Peer comparison

Standard accounting metric for companies with long-term service contracts and complex revenue recognition schedules.

Metric ID: other_contract_with_customer_net_asset_liability_f837b5

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$29.92M$37.88M$43.19M$40.35M$43.23M$65.07M$54.36M$48.81M$30.22M$18.35M$10.66M$13.27M$16.70M$21.95M$13.91M$23.37M$44.13M$44.48M$20.97M$17.67M
QoQ Change+26.6%+14.0%-6.6%+7.1%+50.5%-16.5%-10.2%-38.1%-39.3%-41.9%+24.6%+25.8%+31.4%-36.6%+68.1%+88.8%+0.8%-52.8%-15.8%
YoY Change+44.5%+71.8%+25.9%+21.0%-30.1%-71.8%-80.4%-72.8%-44.7%+19.6%+30.5%+76.1%+164.3%+102.6%+50.8%-24.4%
Range$10.66M$65.07M
CAGR-10.5%
Avg YoY Growth+17.7%
Median YoY Growth+23.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is SBA Communications's contract with customer net asset liability?
SBA Communications (SBAC) reported contract with customer net asset liability of $17.67M in Q1 2026.
How has SBA Communications's contract with customer net asset liability changed year-over-year?
SBA Communications's contract with customer net asset liability decreased by 24.4% year-over-year, from $23.37M to $17.67M.
What is the long-term trend for SBA Communications's contract with customer net asset liability?
Over 5 years (2020 to 2025), SBA Communications's contract with customer net asset liability has grown at a -8.7% compound annual growth rate (CAGR), from $33.00M to $20.97M.
What does contract with customer net asset liability mean?
The net balance of unbilled revenue versus deferred revenue for customer contracts.