Operating
SBA Communications·Cash Flow Statement·35 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $425.6M | $304.7M | $310.2M | $301.2M | $368.1M | $318M | $304M | $255.1M |
| Net income | $162.8M | $258.5M | $173.6M | $220.7M | $225.8M | $236.8M | $370.3M | $184.8M |
| Depreciation and amortization | $64.2M | $63.5M | $65.1M | $65M | $70M | $76.9M | $80.4M | $81.3M |
| Change in other liabilities | — | -$10.2M | -$56.5M | -$23.6M | — | — | -$14M | -$60.6M |
| Increase Decrease In Operating Lease Right Of Use Asset | $35.4M | $31M | $26.1M | $33.1M | $30.4M | $33.7M | $32.8M | $39.1M |
| Depreciation | $26.2M | $25.8M | $26.9M | $27.3M | $31.7M | $35.7M | $37.1M | $36M |
| Increase Decrease In Long Term Lease Liability | -$36M | -$36.1M | -$32.1M | -$32.8M | -$32M | -$32.5M | -$32.3M | -$35.1M |
| Amortization of intangible assets | $26.3M | $26.4M | $27.3M | $26.8M | $27.1M | $29.6M | $31.6M | $33.5M |
| Amortization of capitalized software and acquired intangible assets | $26.3M | $26.4M | $27.3M | $26.8M | $27.1M | $29.6M | $31.6M | $33.5M |
| Noncash Asset Impairment And Decommission Costs | $26M | $9.1M | $17.3M | $35.7M | $43M | $17.4M | $78M | $26.9M |
| Change in accrued investment income | -$25.4M | $25.5M | — | $26.9M | -$40.4M | $38M | — | $25.7M |
| Increase (Decrease) in Accrued Interest Receivable, Net | -$25.4M | $25.5M | — | $26.9M | -$40.4M | $38M | — | $25.7M |
| Deferred income taxes | -$21.4M | $30.2M | -$30.1M | $35.7M | $26.2M | $32.8M | $9.8M | $25.4M |
| Stock-based compensation | $18.6M | $16.4M | $17.9M | $15.7M | $21.5M | $19.3M | $19.2M | $18.9M |
| Foreign currency remeasurement (loss) gain on debt | -$101.5M | — | -$116.9M | $54.6M | $45.3M | $37.8M | — | $16.3M |
| Change in receivables | -$29.3M | — | — | -$10.4M | $31.1M | $16.5M | $19M | -$16M |
| Increase (Decrease) in Accounts and Other Receivables | -$29.3M | — | — | -$10.4M | $31.1M | $16.5M | $19M | -$16M |
| Other working capital changes | -$15.3M | -$16.1M | — | -$20M | -$14.9M | -$15.7M | $50.6M | -$14M |
| Other Noncash Income (Expense) | -$15.3M | -$16.1M | — | -$20M | -$14.9M | -$15.7M | -$17M | -$14M |
| Change in accounts payable | -$3M | — | — | -$8.5M | — | $14.6M | -$25.7M | -$13.1M |
| Net gains (losses) on investments | -$8.2M | -$45M | — | -$34.9M | -$11.6M | -$2.9M | -$2.5M | $11.1M |
| Minority Interest Change In Redemption Value | — | $11.3M | — | $12.2M | $2.7M | $6.7M | $1.6M | $8.1M |
| Amortization of debt issuance costs | $4.9M | $5.2M | $5.9M | $5.4M | $5.4M | $5.5M | $5.5M | $5.3M |
| Amortization expense related to capitalized debt issuance costs | $4.9M | $5.2M | $5.9M | $5.4M | $5.4M | $5.5M | $5.5M | $5.3M |
| Impairment charges | $7.4M | $698K | $3.2M | $2.6M | $3.4M | $186K | — | $3.5M |
| Impairment of assets held for sale | $7.4M | $698K | $3.2M | $2.6M | $3.4M | $186K | — | $3.5M |
| Payment-in-kind interest | $7.1M | $7.2M | $4.9M | $8.3M | $1.2M | $567K | — | $772K |
| Change in other assets | $4.9M | $11.3M | $2.5M | $4.6M | $0 | $11M | $58.9M | $740K |
| Increase (Decrease) in Prepaid Expense and Other Assets | $4.9M | $11.3M | $2.5M | $4.6M | $0 | $11M | $58.9M | $740K |
| Gain (loss) on sale of assets | -$177.5K | -$177.5K | -$177.5K | -$18.8M | — | — | $226.7M | -$38K |
| Gain (Loss) on Disposition of Assets | -$177.5K | -$177.5K | -$177.5K | -$18.8M | — | — | $226.7M | -$38K |
| Stock-based compensation | $18.6M | $18.6M | $18.6M | $18.9M | $18.9M | $18.9M | $18.9M | — |
| Write-off of customer financing receivable | $159.3K | $159.3K | $159.3K | $1.5M | $1.5M | $1.5M | $1.5M | — |
| Impairment charges for facilities consolidation | $27M | $27M | $27M | $46.1M | $46.1M | $46.1M | $46.1M | — |
| Pension contributions | $825K | $825K | $825K | $950K | $950K | $950K | $950K | — |