SBA Communications Corporation
SBAC · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $240,433 | $254,741 | $217,906 | $178,791 |
| Dep. & Amort. | $76,882 | $69,964 | $65,048 | $65,073 |
| Deferred Tax | $32,776 | $0 | $35,682 | -$30,140 |
| Stock-Based Comp. | $19,323 | $21,516 | $15,713 | $17,935 |
| Change in WC | -$46,601 | $12,634 | -$53,042 | -$73,143 |
| Other Non-Cash | -$4,783 | $9,243 | $19,868 | $151,653 |
| Operating Cash Flow | $318,030 | $368,098 | $301,175 | $310,169 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$60,053 | -$55,865 | -$46,173 | -$55,549 |
| Net Acquisitions | -$11,805 | $51,583 | -$63,388 | -$31,402 |
| Inv. Purchases | -$223,697 | $64,069 | -$228,376 | -$596,055 |
| Inv. Sales/Matur. | $224,097 | -$191,743 | $415,840 | $357,500 |
| Other Inv. Act. | -$6,854 | -$449,006 | $160,363 | -$3,384 |
| Investing Cash Flow | -$78,312 | -$580,962 | $238,266 | -$328,890 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $188,500 | $80,000 | -$1,170,750 | $1,264,873 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$150,835 | -$130,696 | $0 | $0 |
| Dividends Paid | -$119,140 | -$119,365 | -$122,275 | -$105,383 |
| Other Fin. Act. | $1,673 | $11,783 | $10,890 | $20,100 |
| Financing Cash Flow | -$79,802 | -$158,278 | -$1,282,135 | $1,179,590 |
| Forex Effect | $4,955 | $7,559 | $6,143 | -$11,704 |
| Net Chg. in Cash | $164,871 | -$363,583 | -$736,551 | $1,149,165 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $300,523 | $664,106 | $1,400,657 | $251,492 |
| End Cash | $465,394 | $300,523 | $664,106 | $1,400,657 |
| Free Cash Flow | $257,977 | $312,233 | $255,002 | $254,620 |