SBA Communications Corporation (SBAC) quarterly cash flow statement — complete operating, investing & financing history
SBA Communications Corporation (SBAC) cash flow statement — 28-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 325.1M | 407.18M | 255.09M | 304.02M | 318.03M | 368.1M | 301.18M | 310.17M | 304.65M | 425.59M | 294.45M | 432.61M | 313.68M | 486.93M | 311.17M | 288.63M | 332.47M | 372.12M | 292.48M | 298.57M |
| Operating CF Growth % | 2.22% | 10.62% | -15.3% | -1.98% | 4.39% | -13.51% | 2.28% | -28.3% | -2.88% | -12.6% | -5.37% | 49.88% | -5.65% | 30.86% | 6.39% | -3.33% | 31.39% | 5.48% | 2.45% | 22.8% |
| Operating CF / Revenue % | 45.54% | 56.93% | 36.26% | 42.25% | 43.43% | 52.66% | 45.34% | 44.71% | 45.63% | 64.44% | 44.76% | 64.09% | 45.96% | 71.77% | 46.06% | 42.07% | 49.21% | 57.07% | 47.19% | 50.17% |
| Net Income | 232.36M | 196.47M | 184.9M | 370.43M | 240.43M | 254.74M | 217.91M | 178.79M | 255.89M | 159.45M | 154.54M | 109.53M | 85.36M | 201.97M | 101.22M | 102.58M | 99.76M | 69.15M | 188.31M | 48.9M |
| Depreciation & Amortization | 84.43M | 81.37M | 81.32M | 80.39M | 76.88M | 69.96M | 65.05M | 65.07M | 63.52M | 64.18M | 76.75M | 395.91M | 180.67M | 181.82M | 182.41M | 183.04M | 173.82M | 176.39M | 174.32M | 169.9M |
| Stock-Based Compensation | 17.96M | 26.8M | 18.94M | 19.18M | 19.32M | 21.52M | 15.71M | 17.93M | 16.37M | 18.6M | 21.47M | 22.09M | 21.37M | 18.25M | 26.21M | 25.77M | 25.49M | 23.9M | 24.75M | 25.23M |
| Other Non-Cash Items | 11.83M | 21.74M | 24.67M | -73.36M | -4.78M | 9.24M | 19.87M | 151.65M | 994K | 142.78M | 103.01M | -154.5M | 93.04M | 2.24M | 7.71M | 26.92M | 64.71M | 91.38M | -84.38M | 79.43M |
| Working Capital Changes | -23.14M | 69.3M | -80.18M | -92.62M | -46.6M | 12.63M | -53.04M | -73.14M | -62.3M | 61.99M | -69.61M | 53.5M | -65.57M | 119.23M | -42.7M | -67.04M | -23.84M | 22.54M | -44.77M | -19.09M |
| Cash from Investing | 40.05M | -13.72M | -296.77M | -180.82M | -78.31M | -580.96M | 238.27M | -328.89M | -273.9M | -121.21M | -85.31M | -106.37M | -103.53M | -111.58M | -146.76M | -802.34M | -105.62M | -229.81M | -255.88M | -145.44M |
| Acquisitions (Net) | -32.39M | -28.79M | -143.5M | -394.41M | -11.8M | 51.58M | -63.39M | -31.4M | -207.39M | -41.62M | -19.41M | -37.11M | -53.11M | -19.81M | -19.93M | -757.37M | -65.14M | -138.4M | -215.18M | -69.95M |
| Purchase of Investments | 0 | -1.14B | -107.13M | -508.31M | -223.7M | 64.07M | -228.38M | -596.05M | -523.42M | -369.37M | -311.84M | -333.88M | 61.39M | -20.14M | -213.37M | -375.2M | -224.96M | -251.23M | -30.39M | -975.58M |
| Sale of Investments | 0 | 1.22B | 2.18M | 494.32M | 224.1M | -191.74M | 415.84M | 357.5M | 527.6M | 340.65M | 311M | 333.35M | 20.37M | 63.45M | 213M | 20.1M | 240.21M | 212.41M | 30.21M | 975.2M |
| Other Investing | 145.23M | -1.94M | 75K | 290.3M | -6.85M | -449.01M | 160.36M | -3.38M | -5.94M | -899K | -7.2M | 31.1M | -70.78M | -71.64M | -77.33M | 376.22M | 1.65M | 369K | -2.51M | -31.82M |
| Cash from Financing | -291.01M | -366.73M | -69.61M | -143.36M | -79.8M | -158.28M | -1.28B | 1.18B | -65.91M | -276.52M | -191.41M | -311.55M | -230.78M | -314.16M | -160.73M | 430.59M | -190.06M | -224.25M | -151.75M | 30.65M |
| Dividends Paid | -131.26M | -132.65M | -135.19M | -118.23M | -119.14M | -119.36M | -122.28M | -105.38M | -105.34M | -105.33M | -108.14M | -91.76M | -92.13M | -92.14M | -93.93M | -76.66M | -76.66M | -76.56M | -76.87M | -63.12M |
| Common Dividends | -131.26M | -132.65M | -135.19M | -118.23M | -119.14M | -119.36M | -122.28M | -105.38M | -105.34M | -105.33M | -108.14M | -91.76M | -92.13M | -92.14M | -93.93M | -76.66M | -76.66M | -76.56M | -76.87M | -63.12M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K |
| Share Repurchases | -300.03M | -2.25M | 0 | -216.27M | -150.84M | -130.7M | -24.29M | -614K | 0 | -93.86M | -106.16M | -46.36M | -53.65M | 0 | 0 | -53K | 0 | 1K | -431.67M | -298.24M |
| Other Financing | -2.34M | -10.6M | -22.69M | -2.17M | 1.67M | -1.1M | 35.18M | 20.71M | -661K | 3.43M | 1.05M | -6.58M | -4.99M | -4.39M | -15.79M | 197.31M | 6.6M | 2.31M | 26.79M | -41.01M |
| Net Change in Cash | 73.02M | 28.25M | -104.51M | -28.4M | 164.87M | -363.58M | -736.55M | 1.15B | -31.65M | 18.81M | 13.39M | 18.91M | -23.43M | 62.33M | 3.9M | -90.59M | 28.9M | -85.46M | -99.19M | 181.23M |
| Exchange Rate Effect | -1.12M | 1.52M | 6.79M | -8.22M | 4.96M | 7.56M | 6.14M | -11.7M | 3.51M | -9.05M | -4.34M | 4.17M | -2.8M | 1.14M | 220K | -7.48M | -7.89M | -3.51M | 15.96M | -2.55M |
| Cash at Beginning | 360.76M | 332.51M | 437.02M | 460.77M | 300.52M | 664.11M | 1.4B | 251.49M | 283.14M | 264.33M | 250.95M | 227.77M | 255.51M | 193.18M | 189.28M | 279.87M | 250.98M | 336.44M | 435.63M | 254.4M |
| Cash at End | 433.78M | 360.76M | 332.51M | 432.37M | 465.39M | 300.52M | 664.11M | 1.4B | 251.49M | 283.14M | 264.33M | 246.68M | 232.08M | 255.51M | 193.18M | 189.28M | 279.87M | 250.98M | 336.44M | 435.63M |
| Free Cash Flow | 252.31M | 344.76M | 206.69M | 241.3M | 257.98M | 312.23M | 255M | 254.62M | 239.9M | 375.62M | 236.58M | 332.78M | 252.29M | 423.49M | 262.03M | 222.54M | 275.09M | 319.15M | 254.47M | 255.28M |
| FCF Growth % | -2.19% | 10.42% | -18.95% | -5.23% | 7.54% | -16.88% | 7.79% | -23.49% | -4.91% | -11.3% | -9.71% | 49.54% | -8.29% | 32.69% | 2.97% | -12.83% | 26.18% | -0.87% | -2.49% | 21.6% |
| FCF / Revenue % | 35.34% | 48.2% | 29.38% | 33.53% | 35.23% | 44.67% | 38.39% | 36.7% | 35.93% | 56.87% | 35.96% | 49.3% | 36.96% | 62.41% | 38.79% | 32.44% | 40.72% | 48.95% | 41.06% | 42.89% |