SBA COMMUNICATIONS CORPORATION (SBAC) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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SBA COMMUNICATIONS CORPORATION cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $196,474,000.00Depreciation, accretion, and amortization → Operating adjustments reconciliation: $81,370,000.00Other liabilities → Operating adjustments reconciliation: $43,901,000.00Operating lease right-of-use assets, net → Operating adjustments reconciliation: $36,208,000.00Accrued interest → Operating adjustments reconciliation: $27,794,000.00Non-cash compensation expense → Operating adjustments reconciliation: $26,798,000.00Non-cash asset impairment and decommission costs → Operating adjustments reconciliation: $21,090,000.00Accounts payable and accrued expenses → Operating adjustments reconciliation: $13,547,000.00Other non-cash items reflected in the Statements of Operations → Operating adjustments reconciliation: $12,944,000.00Deferred and non-cash income tax provision → Operating adjustments reconciliation: $11,497,000.00Operating adjustments reconciliation → Net cash from operating activities: $210,704,000.00Operating adjustments reconciliation → Long-term lease liabilities: $35,656,000.00Operating adjustments reconciliation → Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net: $16,277,000.00Operating adjustments reconciliation → Gain on remeasurement of U.S. denominated intercompany loans: $11,784,000.00Operating adjustments reconciliation → Loss on sale of assets: $682,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $46,000.00Proceeds from sale of investments → investing reconciliation: $608,598,000.00Proceeds from sale of assets → investing reconciliation: $2,872,000.00investing reconciliation → Purchase of investments: $526,999,000.00investing reconciliation → Capital expenditures: $62,419,000.00investing reconciliation → Acquisitions: $28,788,000.00investing reconciliation → Other investing activities: $6,985,000.00Net cash used in financing activities → financing reconciliation: $366,730,000.00Borrowings under Revolving Credit Facility → financing reconciliation: $125,000,000.00Proceeds from employee stock purchase/stock option plans → financing reconciliation: $3,014,000.00Other financing activities → financing reconciliation: $1,414,000.00financing reconciliation → Repayments under Revolving Credit Facility: $355,000,000.00financing reconciliation → Payment of dividends on common stock: $132,651,000.00financing reconciliation → Repayment of Term Loans: $5,750,000.00financing reconciliation → Repurchase and retirement of common stock: $2,245,000.00financing reconciliation → Payments related to taxes on stock options and restricted stock units: $512,000.00Net cash used in investing activities → investing reconciliation: $13,721,000.00Exchange-rate effect → Cash sources and uses: $1,520,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $332,512,000.00Net cash from operating activities → Cash sources and uses: $407,178,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $360,759,000.00Cash sources and uses → Net cash used in investing activities: $13,721,000.00Cash sources and uses → Net cash used in financing activities: $366,730,000.00Net income: $196,474,000.00Net income+$196.47 MDepreciation, accretion, and amortization: $81,370,000.00D&A and accretion+$81.37 MGain on remeasurement of U.S. denominated intercompany loans: -$11,784,000.00FX transaction gain & loss−$11.78 MNon-cash asset impairment and decommission costs: $21,090,000.00Impairment & decommission costs+$21.09 MNon-cash compensation expense: $26,798,000.00Stock-based compensation+$26.80 MDeferred and non-cash income tax provision: $11,497,000.00Deferred income taxes+$11.50 MOther non-cash items reflected in the Statements of Operations: $12,944,000.00Other non-cash items+$12.94 MAccounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net: -$16,277,000.00Accounts & other receivables−$16.28 MPrepaid expenses and other assets: -$46,000.00Prepaid & other assets−$46.00 KOperating lease right-of-use assets, net: $36,208,000.00Operating lease right-of-use, net+$36.21 MAccounts payable and accrued expenses: $13,547,000.00Payables & accrued liabilities+$13.55 MAccrued interest: $27,794,000.00Interest receivable+$27.79 MLong-term lease liabilities: -$35,656,000.00Long-term lease liabilities−$35.66 MOther liabilities: $43,901,000.00Other operating liabilities+$43.90 MLoss on sale of assets: -$682,000.00Asset disposal gain & loss−$682.00 KNet cash from operating activities: $407,178,000.00Operating cash+$407.18 MOperating adjustments reconciliation: $275,149,000.00Borrowings under Revolving Credit Facility: $125,000,000.00Long-term credit line borrowings+$125.00 MRepayments under Revolving Credit Facility: -$355,000,000.00Long-term credit line repayments−$355.00 MProceeds from employee stock purchase/stock option plans: $3,014,000.00Employee stock plans & options+$3.01 MRepayment of Tower Securities: $0.00Other financing activities: $1,414,000.00Other financing, net+$1.41 MRepayment of Term Loans: -$5,750,000.00Senior debt repaid−$5.75 MPayments related to taxes on stock options and restricted stock units: -$512,000.00Stock-award tax withholding−$512.00 KRepurchase and retirement of common stock: -$2,245,000.00Common stock repurchases−$2.25 MPayment of dividends on common stock: -$132,651,000.00Dividends paid−$132.65 MNet cash used in financing activities: -$366,730,000.00. Cash required to fund net payments.Financing cash−$366.73 Mfinancing reconciliation: $496,158,000.00Acquisitions: -$28,788,000.00Acquisitions, net of cash−$28.79 MCapital expenditures: -$62,419,000.00PP&E purchases−$62.42 MProceeds from sale of assets: $2,872,000.00Business sales+$2.87 MPurchase of investments: -$526,999,000.00Investment purchases−$527.00 MProceeds from sale of investments: $608,598,000.00Investment sales & maturities+$608.60 MOther investing activities: -$6,985,000.00Other investing, net−$6.99 MNet cash used in investing activities: -$13,721,000.00. Cash required to fund net payments.Investing cash−$13.72 Minvesting reconciliation: $625,191,000.00Cash sources and uses: $741,210,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $332,512,000.00Beginning cash$332.51 MEnding cash: Cash, cash equivalents, and restricted cash: $360,759,000.00Ending cash$360.76 MExchange-rate effect: $1,520,000.00FX effect+$1.52 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$344.76 MOperating cash − cash spent on PP&ECash flow / Net income2.07×Operating cash flow ÷ net incomeNet cash change+$28.25 MEnding cash − beginning cash
Chart details

SBA COMMUNICATIONS CORPORATION cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
332,512,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
407,178,000 US dollars. Net cash provided.
Net income
196,474,000 US dollars
Depreciation, accretion, and amortization
81,370,000 US dollars
Gain on remeasurement of U.S. denominated intercompany loans
negative 11,784,000 US dollars
Non-cash asset impairment and decommission costs
21,090,000 US dollars
Non-cash compensation expense
26,798,000 US dollars
Deferred and non-cash income tax provision
11,497,000 US dollars
Other non-cash items reflected in the Statements of Operations
12,944,000 US dollars
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net
negative 16,277,000 US dollars
Prepaid expenses and other assets
negative 46,000 US dollars
Operating lease right-of-use assets, net
36,208,000 US dollars
Accounts payable and accrued expenses
13,547,000 US dollars
Accrued interest
27,794,000 US dollars
Long-term lease liabilities
negative 35,656,000 US dollars
Other liabilities
43,901,000 US dollars
Loss on sale of assets
negative 682,000 US dollars
Investing activities
negative 13,721,000 US dollars. Net cash used.
Acquisitions
negative 28,788,000 US dollars
Capital expenditures
negative 62,419,000 US dollars
Proceeds from sale of assets
2,872,000 US dollars
Purchase of investments
negative 526,999,000 US dollars
Proceeds from sale of investments
608,598,000 US dollars
Other investing activities
negative 6,985,000 US dollars
Financing activities
negative 366,730,000 US dollars. Net cash used.
Borrowings under Revolving Credit Facility
125,000,000 US dollars
Repayments under Revolving Credit Facility
negative 355,000,000 US dollars
Proceeds from employee stock purchase/stock option plans
3,014,000 US dollars
Repayment of Tower Securities
0 US dollars
Other financing activities
1,414,000 US dollars
Repayment of Term Loans
negative 5,750,000 US dollars
Payments related to taxes on stock options and restricted stock units
negative 512,000 US dollars
Repurchase and retirement of common stock
negative 2,245,000 US dollars
Payment of dividends on common stock
negative 132,651,000 US dollars
Operating adjustment reconciliation
275,149,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
496,158,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
625,191,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
1,520,000 US dollars
Ending cash on Jun 30, 2026
360,759,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
741,210,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
28,247,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.07×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
407,178,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
62,419,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
344,759,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $210.70M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Cash-flow net income is $196.47 M, derived by subtracting the earlier cumulative period; the income statement reports $196.47 M for the same period. The difference is $4.00 K. Neither amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 407,178,000 US dollars minus 62,419,000 US dollars equals 344,759,000 US dollars.
  • Cash-flow net income is $196.47 M, derived by subtracting the earlier cumulative period; the income statement reports $196.47 M for the same period. The difference is $4.00 K. Neither amount has been adjusted.
SBA COMMUNICATIONS CORPORATION (SBAC) FY2026 Q2 Statement of Cash Flows Sankey chart
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