SBA Q1 AFFO $3.03/share; raises full-year outlook; declares $1.25 dividend

SBA COMMUNICATIONS CORP

2026-Q1 EPS reported $1.74 revenue$703,438,000

Net income $184.8M ($1.74 diluted EPS); AFFO per share $3.03, down 4.7% YoY.
Site leasing revenue $656.1M (+6.5% YoY); Tower Cash Flow margin ~80%.
Full year 2026 outlook increased across all key metrics; net debt/EBITDA 6.6x.
Declared quarterly cash dividend $1.25/share, payable June 17, 2026 to holders of record May 22.
CEO cites steady carrier activity, increasing domestic backlogs, build-to-suit with Millicom.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SBA COMMUNICATIONS CORP reported the first quarter ended March 31, 2026 results: revenue $656.1 million, net income $184.9 million, EPS $1.74. Guidance raised.

Period: the first quarter ended March 31, 2026
Revenue: $656.1 million
Net income: $184.9 million
EPS: $1.74
Guidance: raised
Result: reported results

Exact text from the filing

SBA Communications Corporation issued a press release announcing its financial and operational results for the first quarter ended March 31, 2026

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

SBA COMMUNICATIONS CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-191545

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.