SBA COMMUNICATIONS CORPORATION (SBAC) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 36.96%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 36.96% | Share-based compensation / revenue. Period ending 2026-06-30. $84.24M ÷ $227.94M × 100 ≈ 36.96% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 227.94M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 84.24M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 1.37B USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $227.94M | $84.24M | $1.37B | (m) | (m) | 36.96% | (m) | (m) |
| 2026-03-31 | (m) | $243.75M | $78.96M | $1.35B | (m) | (m) | 32.39% | (m) | (m) |
| 2025-12-31 | (m) | $244.50M | $75.73M | $1.34B | (m) | (m) | 30.98% | (m) | (m) |
| 2025-09-30 | (m) | $238.50M | $74.49M | $1.43B | (m) | (m) | 31.23% | (m) | (m) |
| 2025-06-30 | (m) | $204.50M | $71.54M | $1.43B | (m) | (m) | 34.98% | (m) | (m) |
| 2025-03-31 | (m) | $171.32M | $68.62M | $1.45B | (m) | (m) | 40.05% | (m) | (m) |
| 2024-12-31 | (m) | $152.87M | $74.37M | $1.44B | (m) | (m) | 48.65% | (m) | (m) |
| 2024-09-30 | (m) | $144.44M | $78.53M | $1.26B | (m) | (m) | 54.37% | (m) | (m) |
| 2024-06-30 | (m) | $147.65M | $83.53M | $1.14B | (m) | (m) | 56.57% | (m) | (m) |
| 2024-03-31 | (m) | $165.99M | $83.18M | $1.02B | (m) | (m) | 50.11% | (m) | (m) |
| 2023-12-31 | (m) | $194.65M | $87.92M | $923.66M | (m) | (m) | 45.17% | (m) | (m) |
| 2023-09-30 | (m) | $232.19M | $91.60M | $948.63M | (m) | (m) | 39.45% | (m) | (m) |
| 2023-06-30 | (m) | $275.37M | $95.72M | $943.02M | (m) | (m) | 34.76% | (m) | (m) |
| 2023-03-31 | (m) | $294.79M | $101.37M | $932.77M | (m) | (m) | 34.39% | (m) | (m) |
| 2022-12-31 | (m) | $296.88M | $99.91M | $925.41M | (m) | (m) | 33.65% | (m) | (m) |
| 2022-09-30 | (m) | $276.26M | $99.37M | $888.12M | (m) | (m) | 35.97% | (m) | (m) |
| 2022-06-30 | (m) | $241.79M | $90.98M | $856.91M | (m) | (m) | 37.63% | (m) | (m) |
| 2022-03-31 | (m) | $221.45M | $88.73M | $825.70M | (m) | (m) | 40.07% | (m) | (m) |
| 2021-12-31 | (m) | $204.75M | $84.40M | $782.50M | (m) | (m) | 41.22% | (m) | (m) |
| 2021-09-30 | (m) | $191.84M | $76.15M | $750.22M | (m) | (m) | 39.69% | (m) | (m) |
| 2021-06-30 | (m) | $174.20M | $76.10M | $698.78M | (m) | (m) | 43.68% | (m) | (m) |
| 2021-03-31 | (m) | $147.59M | $73.03M | $656.07M | (m) | (m) | 49.48% | (m) | (m) |
| 2020-12-31 | (m) | $128.67M | $68.89M | $633.69M | (m) | (m) | 53.54% | (m) | (m) |
| 2020-09-30 | (m) | $118.27M | $64.50M | $622.51M | (m) | (m) | 54.53% | (m) | (m) |
| 2020-06-30 | (m) | $121.07M | $60.17M | $616.02M | (m) | (m) | 49.70% | (m) | (m) |
| 2020-03-31 | (m) | $137.39M | $66.08M | $595.42M | (m) | (m) | 48.10% | (m) | (m) |
| 2019-12-31 | (m) | $153.79M | $73.21M | $583.49M | (m) | (m) | 47.61% | (m) | (m) |
| 2019-09-30 | (m) | $1.90B | $70.82M | $579.89M | (m) | (m) | 3.73% | (m) | (m) |
| 2019-06-30 | (m) | $1.89B | $68.52M | $564.05M | (m) | (m) | 3.62% | (m) | (m) |
| 2019-03-31 | (m) | $1.88B | $55.33M | $553.47M | (m) | (m) | 2.94% | (m) | (m) |
| 2018-12-31 | (m) | $1.87B | $42.33M | $544.17M | (m) | (m) | 2.27% | (m) | (m) |
| 2018-09-30 | (m) | $1.82B | $41.49M | $512.92M | (m) | (m) | 2.27% | (m) | (m) |
| 2018-06-30 | (m) | $1.79B | $40.48M | $491.93M | (m) | (m) | 2.26% | (m) | (m) |
| 2018-03-31 | (m) | $1.76B | $39.38M | $480.65M | (m) | (m) | 2.23% | (m) | (m) |
| 2017-12-31 | (m) | $1.73B | $38.25M | $458.50M | (m) | (m) | 2.21% | (m) | (m) |
| 2017-09-30 | (m) | $1.70B | $37.06M | $446.85M | (m) | (m) | 2.18% | (m) | (m) |
| 2017-06-30 | (m) | $1.68B | $35.71M | $438.05M | (m) | (m) | 2.13% | (m) | (m) |
| 2017-03-31 | (m) | $1.66B | $34.41M | $397.52M | (m) | (m) | 2.08% | (m) | (m) |
| 2016-12-31 | (m) | $1.63B | $32.91M | $387.31M | (m) | (m) | 2.02% | (m) | (m) |
| 2016-09-30 | (m) | $1.62B | $31.60M | $362.00M | (m) | (m) | 1.95% | (m) | (m) |
| 2016-06-30 | (m) | $1.62B | $30.22M | $296.88M | (m) | (m) | 1.86% | (m) | (m) |
| 2016-03-31 | (m) | $1.63B | $29.54M | $320.97M | (m) | (m) | 1.81% | (m) | (m) |
| 2015-12-31 | (m) | $1.64B | $28.75M | $312.46M | (m) | (m) | 1.75% | (m) | (m) |
| 2015-09-30 | (m) | $1.64B | $27.34M | $326.92M | (m) | (m) | 1.67% | (m) | (m) |
| 2015-06-30 | (m) | $1.62B | $27.06M | $373.32M | (m) | (m) | 1.67% | (m) | (m) |
| 2015-03-31 | (m) | $1.59B | $25.04M | $358.47M | (m) | (m) | 1.57% | (m) | (m) |
| 2014-12-31 | (m) | $1.53B | $22.67M | $336.52M | (m) | (m) | 1.48% | (m) | (m) |
| 2014-09-30 | (m) | $1.46B | $21.43M | $299.38M | (m) | (m) | 1.47% | (m) | (m) |
| 2014-06-30 | (m) | $1.40B | $19.21M | $273.80M | (m) | (m) | 1.38% | (m) | (m) |
| 2014-03-31 | (m) | $1.34B | $17.95M | $240.02M | (m) | (m) | 1.34% | (m) | (m) |
| 2013-12-31 | (m) | $1.30B | $17.20M | $229.65M | (m) | (m) | 1.32% | (m) | (m) |
| 2013-09-30 | (m) | $1.26B | (m) | $201.25M | (m) | (m) | (m) | (m) | (m) |
| 2013-06-30 | (m) | $1.17B | (m) | $178.42M | (m) | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | $1.07B | (m) | $163.62M | $213.46M | (m) | (m) | 0.77× | Reported |
| 2012-12-31 | (m) | $954.08M | (m) | $147.15M | $196.24M | (m) | (m) | 0.75× | Reported |
| 2012-09-30 | (m) | $844.06M | (m) | $148.08M | $179.01M | (m) | (m) | 0.83× | Reported |
| 2012-06-30 | (m) | $781.00M | (m) | $134.58M | $170.74M | (m) | (m) | 0.79× | Reported |
| 2012-04-13 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | $722.91M | (m) | $127.05M | $165.36M | (m) | (m) | 0.77× | Reported |
| 2011-12-31 | (m) | $698.17M | (m) | $110.66M | $160.90M | (m) | (m) | 0.69× | Reported |
| 2011-09-30 | (m) | $679.85M | (m) | $95.37M | $156.14M | (m) | (m) | 0.61× | Reported |
| 2011-06-30 | (m) | $662.94M | (m) | $88.47M | $151.40M | (m) | (m) | 0.58× | Reported |
| 2011-03-31 | (m) | $646.40M | (m) | $81.29M | $150.58M | (m) | (m) | 0.54× | Reported |
| 2010-12-31 | (m) | $626.62M | (m) | $74.27M | $149.92M | (m) | (m) | 0.50× | Reported |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | $555.51M | (m) | $54.95M | $130.85M | (m) | (m) | 0.42× | Reported |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | $474.95M | (m) | $45.58M | $105.33M | (m) | (m) | 0.43× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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