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SBA Communications SBAC Paid-in-kind interest capitalized

Paid-in-kind interest capitalized at other companies

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SBA Communications logo
SBA CommunicationsSBAC
$2.49M+102%

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%
Free cash flow$344.8M+10.4%

Valuation

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Market cap$19.52B-17.0%
Enterprise value$31.89B-10.8%
P/E19.7×-7.1×
P/S6.8×-1.8×

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

Reported directly by SBA Communications in its filing.

Tagged under the XBRL concept us-gaap:PaidInKindInterest.

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

Filed
Aug 6, 2026, 2:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001034054-26-000011
Line itemFor the three months / ended June 30, 2026For the three months / ended June 30, 2025For the six months / ended June 30, 2026For the six months / ended June 30, 2025
Other income (expense):
Interest income5,6318,15510,83818,935
Interest expense(127,754)(119,658)(256,282)(223,805)
Non-cash interest expense(2,486)(1,233)(3,259)(9,581)
Amortization of deferred financing fees(5,269)(5,415)(10,528)(10,849)
Other income, net10,48244,12333,00476,286
Total other expense, net(119,396)(74,028)(226,227)(149,014)
Income before income taxes232,465260,753468,483520,676

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is SBA Communications's paid-in-kind interest capitalized?
SBA Communications (SBAC) reported paid-in-kind interest capitalized of $2.49M in Q2 2026.
How has SBA Communications's paid-in-kind interest capitalized changed year-over-year?
SBA Communications's paid-in-kind interest capitalized increased by 101.6% year-over-year, from $1.23M to $2.49M.
What is the long-term trend for SBA Communications's paid-in-kind interest capitalized?
Over 3 years (2021 to 2024), SBA Communications's paid-in-kind interest capitalized has grown at a -16.2% compound annual growth rate (CAGR), from $47.09M to $27.66M.
What does paid-in-kind interest capitalized mean?
Interest expense that is settled by issuing additional debt or equity rather than cash payments. This allows the company to conserve cash while accruing interest obligations.

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