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Other financials

Income statement

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Revenue$715.3M+2.3%
Gross profit$673.3M+4.3%
Operating income$351.9M+5.1%
Net income$198.8M-12.0%
EPS (diluted)$1.87-10.5%

Balance sheet

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Cash & equivalents$360.8M+20.0%
Total debt$12.7B+1.7%
Total equity-$4.6B+6.3%
Total assets$11.7B+9.1%

Cash flow

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Operating cash flow$407.2M+10.6%
CapEx$62.4M-90.4%

Valuation

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Market cap$19.73B-11.7%
Enterprise value$32.1B-7.1%
P/E19.9×-5.5×
P/S6.9×-1.3×

Profitability

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Gross margin93.4%-0.7pp
Operating margin47.6%-4.8pp
Net margin34.5%+2.3pp
FCF margin36.6%-2.4pp

Returns & leverage

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Return on equity-11.1%
Debt / equity-2.7×
Current ratio0.2×-0.2×

Where this comes from

Calculated from SBA Communications’s reported figures.

The source filing: SBA Communications’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 2:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001034054-26-000011

FAQ

What is SBA Communications's free cash flow?
SBA Communications (SBAC) reported free cash flow of $344.76M in Q2 2026.
How has SBA Communications's free cash flow changed year-over-year?
SBA Communications's free cash flow increased by 10.4% year-over-year, from $312.23M to $344.76M.
What is the long-term trend for SBA Communications's free cash flow?
Over 4 years (2021 to 2025), SBA Communications's free cash flow has grown at a 0.2% compound annual growth rate (CAGR), from $1.06B to $1.07B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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