SBAC · 10-Q · 2026Q2 · Full report
Capital Expenditure Outlook
SBA COMMUNICATIONS CORP · 2026-08-06 · Importance 68 · Surprise 42 · In source text
SBA expects 2026 non-discretionary cash capital expenditures of $65.0 million to $75.0 million for tower maintenance and general corporate purposes. The company expects discretionary 2026 cash capital expenditures of $455.0 million to $475.0 million for acquisitions, new tower construction, tower augmentations, and ground lease purchases. Actual 2026 spending will depend on tower portfolio requirements, new tower construction and acquisition programs, and ground lease purchases. Six-month investing cash outflows included $61.6 million for construction, $20.6 million for augmentations and upgrades, and $25.7 million for tower maintenance.
Key facts
- For 2026 we expect non-discretionary cash capital expenditures of $65.0 million to $75.0 million and discretionary cash capital expenditures of $455.0 million to $475.0 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | -2.0% | For 2026 we expect non-discretionary cash capital expenditures of $65.0 million to $75.0 million and discretionary cash capital… |
| cash | negative | probable | -0.3% | For 2026 we expect non-discretionary cash capital expenditures of $65.0 million to $75.0 million and discretionary cash capital… |