Nov 2, 4:10 PM ET
SBA Communications Corporation reported third quarter 2026 net income of $231.3 million, or $2.19 per share, alongside site leasing revenue of $665.4 million. The company updated its full year 2026 guidance, declared a quarterly cash dividend of $1.25 per share, and repurchased 1.7 million shares during the quarter.
- Net income attributable to SBA was $231.3 million, or $2.19 per share, for the third quarter ended September 30, 2026.
- Site leasing revenue reached $665.4 million in the third quarter of 2026.
- The company repurchased 1.7 million shares for $300.0 million during the quarter.
- A quarterly cash dividend of $1.25 per share was declared, payable on December 10, 2026.
Read the filing on SEC.gov ↗
Aug 3, 4:23 PM ET
SBA Communications reported second quarter 2026 net income attributable to SBA of $198.8 million, or $1.87 per diluted share, down from $2.09 a year earlier, while site leasing revenue rose to $663.9 million from $631.8 million. It raised the midpoint of its full year 2026 site leasing revenue outlook by $2.0 million and declared a $1.25 per share quarterly dividend, so shareholders see higher revenue and a slightly higher outlook alongside lower per-share profit.
- Diluted EPS was $1.87 versus $2.09; net income included an $8.0 million currency gain versus $30.4 million a year earlier.
- Site leasing revenue was $663.9 million, up 5.1%; site development revenue was $51.4 million, down 23.5%.
- Full year 2026 AFFO per share outlook is $11.95 to $12.40, with the midpoint up $0.02 from April 29, 2026.
- Quarterly cash dividend of $1.25 per share is payable September 17, 2026 to holders of record on August 20, 2026.
Read the filing on SEC.gov ↗
Jul 24, 7:31 AM ET
SBA Communications closed a $3.5 billion offering of senior unsecured notes due 2030, 2031 and 2033 on July 23, 2026, and used the proceeds to repay in full its senior secured term loan and revolver borrowings. It also entered a new $2.5 billion unsecured revolving credit facility maturing July 23, 2031, and terminated its prior $2.0 billion revolver and $2.3 billion term loan. For shareholders, the filing shows a change in the company's debt structure and interest rates, with the new notes structurally subordinated to liabilities of its SBA Telecommunications LLC subsidiary.
- Notes: $1.35 billion at 4.875% due 2030, $1.35 billion at 5.150% due 2031, and $800.0 million at 5.450% due 2033, with interest paid semi-annually starting January 15, 2027.
- Net proceeds repaid in full the senior secured term loan and outstanding revolver borrowings under the prior credit agreement dated January 25, 2024.
- New $2.5 billion senior unsecured revolving credit facility matures July 23, 2031, with an option to request up to $1.0 billion in increases.
- The notes are not guaranteed by SBA Telecommunications LLC or its subsidiaries, so they are structurally subordinated to those entities' liabilities.
Read the filing on SEC.gov ↗
Jul 15, 5:29 PM ET
SBA Communications agreed on July 14, 2026 to sell $3.5 billion of senior notes in a registered public offering through four underwriters. The company plans to use the net proceeds to repay in full its senior secured term loan and its outstanding revolving credit facility borrowings. The filing does not state the effect on earnings or leverage.
- Notes: $1.35 billion of 4.875% due 2030, $1.35 billion of 5.150% due 2031, and $800 million of 5.450% due 2033
- Underwriting agreement dated July 14, 2026, with Morgan Stanley, Barclays, Wells Fargo Securities and Goldman Sachs as representatives
- Proceeds to repay the term loan maturing January 25, 2031 and revolver borrowings maturing January 25, 2029
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
