SBA Communications Paid-in-kind interest capitalized increased by 36.2% to $772.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 90.8%, from $8.35M to $772.00K. Over 3 years (FY 2021 to FY 2024), Paid-in-kind interest capitalized shows a downward trend with a -16.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
High levels of PIK interest may signal liquidity constraints or a strategy to preserve cash for capital investment.
Interest expense that is settled by issuing additional debt or equity rather than cash payments. This allows the company...
Common in highly leveraged companies or those in growth phases managing cash flow.
other_paid_in_kind_interest| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.81M | $11.82M | $11.65M | $11.53M | $11.53M | $11.53M | $11.53M | $14.24M | $7.52M | $7.90M | $6.21M | $8.44M | $7.08M | $7.19M | $4.95M | $8.35M | $1.23M | $567.00K | $772.00K |
| QoQ Change | — | +0.1% | -1.4% | -1.1% | +0.0% | -0.0% | -0.0% | +23.5% | -47.2% | +5.1% | -21.3% | +35.9% | -16.1% | +1.6% | -31.2% | +68.8% | -85.2% | -54.0% | +36.2% |
| YoY Change | — | — | — | — | -2.4% | -2.5% | -1.0% | +23.5% | -34.8% | -31.5% | -46.1% | -40.7% | -5.8% | -8.9% | -20.4% | -1.1% | -82.6% | -92.1% | -90.8% |