Other

Lease Liability Noncurrent

SBA Communications Lease Liability Noncurrent increased by 1.5% to $2.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $1.95B to $2.15B. Over 5 years (FY 2020 to FY 2025), Lease Liability Noncurrent shows relatively stable performance with a 0.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

Higher values indicate significant long-term commitments to land or property leases, impacting future cash flow obligations.

Detailed definition

This represents the long-term portion of lease obligations for assets where the company is the lessee, excluding current...

Peer comparison

Common among infrastructure companies that lease land for tower sites rather than owning the underlying real estate.

Metric ID: other_lease_liability_noncurrent_6eeb40

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$2.06B$2.01B$1.98B$2.05B$2.05B$2.02B$2.04B$2.03B$2.02B$1.98B$1.87B$1.81B$1.76B$1.93B$1.90B$1.95B$2.00B$2.02B$2.12B$2.15B
QoQ Change-2.5%-1.6%+3.5%-0.2%-1.4%+1.1%-0.4%-0.7%-1.9%-5.7%-3.2%-2.8%+10.0%-1.4%+2.3%+2.9%+0.7%+4.9%+1.5%
YoY Change-0.8%+0.2%+3.0%-0.9%-1.4%-1.9%-8.6%-11.2%-13.0%-2.4%+2.0%+7.8%+14.2%+4.6%+11.3%+10.5%
Range$1.76B$2.15B
CAGR+0.9%
Avg YoY Growth+0.8%
Median YoY Growth-0.3%
Current Streak5 quarters growth

Frequently Asked Questions

What is SBA Communications's lease liability noncurrent?
SBA Communications (SBAC) reported lease liability noncurrent of $2.15B in Q1 2026.
How has SBA Communications's lease liability noncurrent changed year-over-year?
SBA Communications's lease liability noncurrent increased by 10.5% year-over-year, from $1.95B to $2.15B.
What is the long-term trend for SBA Communications's lease liability noncurrent?
Over 5 years (2020 to 2025), SBA Communications's lease liability noncurrent has grown at a 0.2% compound annual growth rate (CAGR), from $2.09B to $2.12B.
What does lease liability noncurrent mean?
The long-term financial obligation for leased assets due after one year.