Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues: | ||||||
| Site leasing | $ 663,885 | $ 631,788 | $ 1,320,034 | $ 1,247,997 | ||
| Site development | 51,389 | 67,193 | 98,678 | 115,232 | ||
| Total revenues | 715,274 | 698,981 | 1,418,712 | 1,363,229 | ||
| Cost of revenues (exclusive of depreciation, accretion, and amortization shown below): | ||||||
| Cost of site leasing | 134,076 | 118,571 | 265,987 | 234,049 | ||
| Cost of site development | 41,926 | 53,525 | 81,350 | 91,714 | ||
| Selling, general, and administrative expenses | [1] | 77,548 | 71,022 | 148,096 | 137,241 | |
| Acquisition and new business initiatives related adjustments and expenses | 5,926 | 5,887 | 14,016 | 13,266 | ||
| Asset impairment and decommission costs | 22,566 | 45,231 | 51,867 | 82,257 | ||
| Depreciation, accretion, and amortization | 81,371 | 69,964 | 162,686 | 135,012 | ||
| Total operating expenses | 363,413 | 364,200 | 724,002 | 693,539 | ||
| Operating income | 351,861 | 334,781 | 694,710 | 669,690 | ||
| Other income (expense): | ||||||
| Interest income | 5,631 | 8,155 | 10,838 | 18,935 | ||
| Interest expense | (127,754) | (119,658) | (256,282) | (223,805) | ||
| Non-cash interest expense | (2,486) | (1,233) | (3,259) | (9,581) | ||
| Amortization of deferred financing fees | (5,269) | (5,415) | (10,528) | (10,849) | ||
| Other income, net | 10,482 | 44,123 | 33,004 | 76,286 | ||
| Total other expense, net | (119,396) | (74,028) | (226,227) | (149,014) | ||
| Income before income taxes | 232,465 | 260,753 | 468,483 | 520,676 | ||
| Provision for income taxes | (35,995) | (35,059) | (87,107) | (77,078) | ||
| Net income | 196,470 | 225,694 | 381,376 | 443,598 | ||
| Net loss attributable to noncontrolling interests | 2,307 | 100 | 2,235 | 2,927 | ||
| Net income attributable to SBA Communications Corporation | $ 198,777 | $ 225,794 | $ 383,611 | $ 446,525 | ||
| Net income per common share attributable to SBA Communications Corporation: | ||||||
| Basic | $ 1.87 | $ 2.10 | $ 3.62 | $ 4.15 | ||
| Diluted | $ 1.87 | $ 2.09 | $ 3.61 | $ 4.14 | ||
| Weighted-average number of common shares | ||||||
| Basic | 106,073 | 107,531 | 105,945 | 107,637 | ||
| Diluted | 106,264 | 107,797 | 106,188 | 107,968 | ||
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- Definition Asset impairment and decommission costs. No definition available.
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- Definition Business Combination, Acquisition Related Costs And Adjusments No definition available.
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- Definition Cost of goods sold for direct operating lease. No definition available.
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- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate net amount of depreciation, amortization, and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses related to the generation of investment income. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Interest paid other than in cash for example by issuing additional debt securities. As a noncash item, it is added to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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