SBA Communications Corporation (SBAC)
The company now
SBA Communications reported third-quarter 2026 results on 2 November 2026, with site leasing revenue of $665.4 million, up 1.4 percent from the year before 1.
Net income attributable to the company was $231.3 million, or $2.19 per share 1. AFFO, its adjusted funds from operations measure, was $3.19 per share against $3.30 a year earlier 1.
The two halves of the business moved apart 1. Domestic site leasing revenue fell 3.4 percent to $454.4 million, while international site leasing revenue rose 13.3 percent to $211.0 million 1.
Churn is a lease that is not renewed, is cancelled or is discounted before its term ends, the annual report says 2. Chief financial officer Marc Montagner said on the call that Sprint-related churn was $16 million in the quarter and EchoStar-related churn was $14 million 3.
SBA repurchased 1.7 million shares for $300.0 million 1. It also set up a $2.5 billion commercial paper program, a form of short-term borrowing, and agreed to sell all its towers in Peru after selling those in Chile and Ecuador 1.
Bloomberg reported on 22 October 2026 that SpaceX aims to secure at least 80,000 US cell sites, and it named Crown Castle as one company in talks 4. Chief executive Brendan Cavanagh said he has no specific insight into SpaceX's plans 3.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.