SBA Communications Corporation — Third Quarter 2026 Earnings Summary

SBA Communications Corporation reported third-quarter 2026 net income of $231.3 million, or $2.19 per share, driven by strong demand for tower assets amidst expanding wireless networks. The company announced the sale of its towers in Chile and Ecuador and an agreement to sell its Peru assets, while simultaneously repurchasing 1.7 million shares for $300 million and declaring a quarterly dividend of $1.25 per share. SBA updated its full-year 2026 outlook, projecting site leasing revenue between $2.643 billion and $2.658 billion and Adjusted EBITDA between $1.918 billion and $1.928 billion. Additionally, the firm established a $2.5 billion commercial paper program and issued $3.45 billion in new senior notes to refinance existing debt and fund general corporate purposes.