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SBA Communications SBAC Provision for Credit Losses

Provision for Credit Losses at other companies

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T-Mobile USTMUS
$398M+50.2%
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SafeholdSAFE
$498K-78.3%

Other financials

Income statement

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Revenue$703.4M+5.9%
Gross profit$664.0M+6.1%
Operating income$342.8M+2.4%
Net income$184.8M-16.3%
EPS (diluted)$1.74-14.7%

Balance sheet

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Cash & equivalents$332.5M-49.9%
Total debt$13.0B+4.3%
Total equity-$4.8B+4.4%
Total assets$11.7B+12.2%

Cash flow

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Operating cash flow$255.1M-15.3%
CapEx$48.4M+4.8%
Free cash flow$206.7M-18.9%

Valuation

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Market cap$18.55B-24.6%
Enterprise value$31.18B-15.3%
P/E18.2×-9.8×
P/S6.5×-2.5×

Profitability

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Gross margin93%-2.0pp
Operating margin47.3%-6.6pp
Net margin35.7%+5.3pp
FCF margin35.7%-6.2pp

Returns & leverage

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Return on equity-11.1%
Debt / equity-2.7×
Current ratio0.2×-0.5×

Where this comes from

Reported directly by SBA Communications in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The official record: SBA Communications’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SBA Communications's provision for credit losses?
SBA Communications (SBAC) reported provision for credit losses of $2.34M in Q4 2025.
How has SBA Communications's provision for credit losses changed year-over-year?
SBA Communications's provision for credit losses increased by 154.6% year-over-year, from $920K to $2.34M.
What is the long-term trend for SBA Communications's provision for credit losses?
Over 4 years (2021 to 2025), SBA Communications's provision for credit losses has grown at a 114.8% compound annual growth rate (CAGR), from $440K to $9.37M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.