Other
CapEx
SBA Communications CapEx decreased by 22.8% to $48.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $46.17M to $48.40M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 13.9% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.
Detailed definition
Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...
Peer comparison
Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.
Metric ID:
anet_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.84M | $35.03M | $43.29M | $38.01M | $52.96M | $57.38M | $66.10M | $49.14M | $63.45M | $61.39M | $62.72M | $57.87M | $49.97M | $64.76M | $55.55M | $46.17M | $55.87M | $60.05M | $62.73M | $48.40M |
| QoQ Change | — | +13.6% | +23.6% | -12.2% | +39.3% | +8.3% | +15.2% | -25.7% | +29.1% | -3.2% | +2.2% | -7.7% | -13.6% | +29.6% | -14.2% | -16.9% | +21.0% | +7.5% | +4.5% | -22.8% |
| YoY Change | — | — | — | — | +71.7% | +63.8% | +52.7% | +29.3% | +19.8% | +7.0% | -5.1% | +17.8% | -21.2% | +5.5% | -11.4% | -20.2% | +11.8% | -7.3% | +12.9% | +4.8% |
Range$30.84M – $66.10M
CAGR+10.0%
Avg YoY Growth+14.5%
Median YoY Growth+9.4%
CapEx at Other Companies
Frequently Asked Questions
- What is SBA Communications's capex?
- SBA Communications (SBAC) reported capex of $48.40M in Q1 2026.
- How has SBA Communications's capex changed year-over-year?
- SBA Communications's capex increased by 4.8% year-over-year, from $46.17M to $48.40M.
- What is the long-term trend for SBA Communications's capex?
- Over 4 years (2021 to 2025), SBA Communications's capex has grown at a 13.9% compound annual growth rate (CAGR), from $133.69M to $224.82M.
- What does capex mean?
- Cash spent on purchasing or maintaining long-term physical assets.