SBAC SBA COMMUNICATIONS CORP

CIK 0001034054 47 ready 8-Ks latest August 3, 2026, 4:23 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline

Ready 8-Ks 47

Latest filing August 3, 2026, 4:23 PM ET

Top materiality 0.90

Event mix earnings ×21 · debt ×12 · leadership ×9

Sentiment 22 pos · 0 neg · 25 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for SBAC

Highest-materiality recent filing

SBA Q3 net income $255.9M, AFFO $3.32; acquires 7,000+ Millicom sites for ~$975M

October 28, 2024, 7:59 PM ET earnings materiality 0.90 positive item 2.02 item 9.01

Q3 net income $255.9M, diluted EPS $2.40; AFFO per share $3.32.
Agreed to purchase over 7,000 communication sites in Central America from Millicom for ~$975M cash; expected close in 2025.

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August 3, 2026, 4:23 PM ET earnings materiality 0.75 neutral item 2.02 item 9.01

SBA Communications Q2 net income $198.8M ($1.87 EPS); AFFO per share $3.05; declares $1.25 dividend

Site leasing revenue $663.9M, up 5.1% YoY; site development revenue $51.4M, down 23.5% YoY.
July 24, 2026, 7:31 AM ET debt materiality 0.60 neutral item 1.01 item 1.02 item 2.03 item 9.01

SBA Communications issues $3.5B in senior notes, enters new $2.5B unsecured revolver

Issued $1.35B of 4.875% Senior Notes due 2030, $1.35B of 5.150% Senior Notes due 2031, and $800M of 5.450% Senior Notes due 2033.
July 23, 2026, 4:15 PM ET debt materiality 0.70 neutral item 8.01 item 9.01

SBA Communications issues $3.5B in senior notes across three tranches

Issued $1.35B of 4.875% Senior Notes due 2030, $1.35B of 5.150% Senior Notes due 2031, and $800M of 5.450% Senior Notes due 2033.
April 29, 2026, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01 ◈ Earnings Releases

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

Net income $184.8M ($1.74 diluted EPS); AFFO per share $3.03, down 4.7% YoY.
February 26, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications Q4 net income $370M, EPS $3.47; dividend raised 13% to $1.25

Q4 net income $370.4M ($3.47 diluted EPS); AFFO per share $3.19, down 8% YoY.
November 3, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications Q3 EPS $2.20, AFFO $3.30; dividend $1.11; Verizon lease signed

Q3 net income $240.4M ($2.20 diluted EPS); AFFO per share $3.30.
August 4, 2025, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

SBA reports Q2 net income $225.7M, AFFO $3.17; raises full-year guidance; Millicom sites closed; to sell Canadian assets

Net income $225.7M ($2.09 diluted EPS); AFFO per share $3.17.
April 28, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications Q1 AFFO $3.18/sh, net income $189M; raises FY2025 outlook, declares $1.11 dividend, $1.5B buyback

Net income $189M ($1.77 diluted EPS); AFFO $343.9M ($3.18 per share).
February 24, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications Q4 net income $178.8M, EPS $1.61; dividend up 13% to $1.11/quarter

Net income $178.8M ($1.61 diluted EPS) vs $109.5M ($1.01) in Q4 2023; AFFO per share $3.47.
October 28, 2024, 7:59 PM ET earnings materiality 0.90 positive item 2.02 item 9.01

SBA Q3 net income $255.9M, AFFO $3.32; acquires 7,000+ Millicom sites for ~$975M

Q3 net income $255.9M, diluted EPS $2.40; AFFO per share $3.32.
October 11, 2024, 7:59 PM ET debt materiality 0.65 neutral item 1.01 item 2.03 item 9.01

SBA Communications issues $2.18B in tower securities to refinance existing debt

Issued $1.45B Series 2024-1C (4.831%) and $620M Series 2024-2C (5.115%) tower securities, plus $108.7M Class R (6.252%) for risk retention.
October 3, 2024, 7:59 PM ET debt materiality 0.65 positive item 1.01 item 2.03 item 9.01

SBA Communications reduces interest margin on $2.29B term loan via First Amendment

Term loan interest reduced to Base Rate +0.75% or Term SOFR +1.75% per annum (from prior margin).
July 29, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

SBA Communications Reports Q2 2024 Net Income of $159.5M, AFFO per Share $3.29, Declares $0.98 Dividend

Net income of $159.5 million or $1.51 per diluted share for Q2 2024
April 29, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases

SBA Q1 net income $154.5M; AFFO per share $3.29, up 5.1%; dividend raised 15%

Net income $154.5M ($1.42 diluted EPS); AFFO per share $3.29, up 5.1% YoY.
February 26, 2024, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

SBA Communications Q4 net income $109.5M, AFFO per share $3.37, dividend raised 15%

Net income $109.5M ($1.01 diluted EPS); AFFO per share $3.37, up 8.0% YoY.
January 25, 2024, 6:59 PM ET debt materiality 0.75 neutral item 1.01 item 2.03 item 9.01 ◈ Material Agreements ×2◈ Debt Financings

SBA Communications enters into $2.3B Term Loan and increases Revolver to $1.75B

Revolving credit facility increased from $1.5B to $1.75B; maturity extended to Jan 25, 2029.
December 22, 2023, 6:59 PM ET leadership materiality 0.70 neutral item 5.02 ◈ executive_change ×3

Brendan Cavanagh appointed to SBA board, to become CEO on Jan 1, 2024; Stoops becomes non-executive Chairman

Cavanagh appointed to Board of Directors as Class I director, effective Jan 1, 2024, term expiring at 2024 Annual Meeting.
November 2, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

SBA Communications Q3 net income $85.4M; raises full-year guidance; declares $0.85 dividend

Q3 net income $85.4M ($0.80 diluted EPS); AFFO per share $3.34, up 7.7% YoY.
September 13, 2023, 7:59 PM ET leadership materiality 0.60 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change ×3

SBA Communications appoints Marc Montagner as CFO effective Jan 1, 2024

Marc Montagner, 62, joins Oct 17 as EVP-Finance, becomes CFO Jan 1, 2024, succeeding Brendan Cavanagh.
July 31, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

SBA Communications Q2 net income $202M; AFFO $3.24; raises FY outlook, new AT&T MLA

Net income $202.0M ($1.87 diluted EPS); AFFO per share $3.24; site leasing revenue $626.1M (+7.9% YoY).
May 1, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

SBA Communications Q1 Net Income $100.6M; EPS $0.92; AFFO per share $3.13; raises FY2023 outlook

Site leasing revenue of $617.3M, up 10.3% YoY; site development revenue $58.2M.
February 21, 2023, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications Q4 net income $102.6M, AFFO per share up 11%, dividend raised 20%

Net income $102.6M ($0.94 diluted EPS); total revenue $686.1M, up 15.3% YoY.
February 21, 2023, 6:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01 ◈ executive_change ×4

SBA Communications CEO Jeff Stoops to retire Dec 31, 2023; CFO Brendan Cavanagh to succeed as President and CEO

Jeff Stoops to retire as President and CEO effective Dec 31, 2023; will become non-executive Chairman.
November 29, 2022, 6:59 PM ET debt materiality 0.65 neutral item 1.01 item 2.03 item 9.01 ◈ Debt Financings ×2◈ Material Agreements ×2

SBA issues $850M 2022-1C Tower Securities at 6.599% and $44.8M 2022-1R at 7.870% to refinance existing debt

Issued $850M 2022-1C Tower Securities at 6.599%, anticipated repayment Jan 2028, final Nov 2052.
November 16, 2022, 6:59 PM ET debt materiality 0.65 neutral item 1.01 item 2.03 item 9.01 ◈ Debt Financings ×2◈ Material Agreements

SBA Communications issues $850M 6.599% tower notes; refinances $640M existing series

Issued $850M Secured Tower Revenue Securities (2022-1C) at 6.599%, due Nov 2052, anticipated repayment Jan 2028.
October 31, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

SBA Communications beats Q3 estimates; net income $99.8M, revenue $675.6M, AFFO up 15.1%

Net income of $99.8M ($0.91 diluted EPS); total revenue $675.6M (+14.6% YoY).
August 1, 2022, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

SBA Q2 AFFO per share +16.3% to $3.07; revenue $652M; raises FY22 outlook; acquires 2,600 Brazil towers

Net income $69.2M ($0.64 diluted EPS); AFFO per share $3.07, up 16.3% YoY.
April 25, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Q1 beats with $1.72 EPS, revenue up 12.9%; raises 2022 guidance; declares $0.71 dividend

Net income $188.3M ($1.72 diluted EPS) vs loss of $11.7M in Q1 2021; AFFO per share $2.96, up 14.7%.
February 28, 2022, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications Q4 revenue up 11.1%; AFFO per share +13.3%; dividend +22%

Total revenue $595.3M, up 11.1% YoY; site leasing revenue $539.4M (+9.4%).
November 1, 2021, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

SBA Communications reports Q3 revenue up 12.7% to $589.3M; AFFO per share up 13.9%; declares $0.58 dividend

Net income $47.8M ($0.43 diluted EPS); revenue $589.3M (+12.7% YoY); AFFO per share $2.71 (+13.9% YoY).
October 29, 2021, 7:59 PM ET debt materiality 0.65 positive item 1.01 item 2.03 item 9.01

SBA issues $1.79B tower securities at 1.84%-4.09%; repays revolver, redeems $1.1B of 4.875% notes due 2024

$895M 2021-2C at 1.840% due 2051 (anticipated repayment Apr 2027) and $895M 2021-3C at 2.593% due 2056 (anticipated repayment Oct 2031) issued.
October 13, 2021, 7:59 PM ET debt materiality 0.70 neutral item 1.01 item 2.03 item 8.01 item 9.01

SBA issues $1.79B tower securities at 1.84%/2.593%; redeems $1.1B notes due 2024

Issued $895M Series 2021-2C (1.840%, due 2051) and $895M Series 2021-3C (2.593%, due 2056) tower securities.
August 2, 2021, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

SBA Communications beats Q2 estimates, raises AFFO guidance; declares $0.58 dividend

Net income $152.7M ($1.37 EPS) vs $23.1M ($0.20) YoY; total revenue $575.5M.