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SBA Communications SBAC GT — Number Of Towers Acquired

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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%
Free cash flow$344.8M+10.4%

Valuation

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Market cap$18.93B-19.9%
Enterprise value$31.29B-12.7%
P/E19.1×-7.8×
P/S6.6×-2.1×

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 sbac:NumberOfTowersAcquired.

The source filing: SBA Communications’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 3:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001034054-26-000009

During the three months ended March 31, 2026, the Company acquired 10 towers and related assets and liabilities, as well as the rights to land underneath approximately 3,900 communication sites in Guatemala. During the three months ended March 31, 2025, the Company acquired 344 towers and related assets and liabilities, including 321 sites related to the transaction with Millicom International Cellular S.A. The table below summarizes the Company’s acquisition of towers and related assets and liabilities, by asset class:

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is SBA Communications's GT — number of towers acquired?
SBA Communications (SBAC) reported GT — number of towers acquired of 3.9K in Q1 2026.
What does GT — number of towers acquired mean?
This metric represents the total count of wireless communication tower structures purchased by the company within a specific geographic segment during a reporting period. It serves as a key indicator of inorganic growth strategy and the company's ability to expand its physical infrastructure footprint through acquisitions. Tracking this helps investors evaluate capital deployment efficiency and the pace of market consolidation.

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