SBAC · 10-Q · 2026Q2 · Full report

Guidance / Outlook

SBA COMMUNICATIONS CORP · 2026-08-06 · Importance 63 · Surprise 32 · In source text

For the remainder of 2026, management expects core leasing revenue to increase over 2025 levels on a currency-neutral basis. Expected growth is attributed to contractual escalators, additional wireless-carrier capacity and geographic coverage deployments, the full-year contribution from towers acquired and built during 2025 and 2026, and towers expected to be acquired or built later in 2026. Management also expects elevated churn through 2026, including $132.0 million to $136.0 million of domestic cash site-leasing revenue and $36.0 million to $40.0 million internationally, driven partly by Sprint, EchoStar, and Oi wireline churn.

Key facts

• We expect core leasing revenue during the remainder of 2026 to increase over 2025 levels on a currency neutral basis due in part to contractual escalators, carriers deploying additional capacity, full year impact of towers acquired and built during 2025 and 2026, and revenues from towers expected to be acquired and built during the remainder of 2026, partially offset by increased churn primarily driven by Sprint and EchoStar. source

Impact estimates