GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

SBAC · Mar 31, 2026

SBA COMMUNICATIONS CORP. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 3[email protected]

Inspectable configuration

State dimensions

Filing0001034054-26-000009Reit

Operating-cash-flow growthRAWCurrent state valid · history insufficient

Evidence method

Yoy · gp.fundamentals.operating_cash_flow

-15.30% · OPTIONAL · NOT_ENOUGH_HISTORY

DebtRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.gross_debt

$13.0B · CORE · NOT_ENOUGH_HISTORY

Net-income growthRAWCurrent state valid · history insufficient

Evidence method

Yoy · gp.fundamentals.net_income

-16.27% · CORE · NOT_ENOUGH_HISTORY

Revenue growthRAWCurrent state valid · history insufficient

Evidence method

Yoy · gp.fundamentals.revenue

-1.56% · CORE · NOT_ENOUGH_HISTORY

Cash and equivalentsRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.cash

$269.1M · CORE · NOT_ENOUGH_HISTORY

Operating-income growthRAWCurrent state valid · history insufficient

Evidence method

Yoy · gp.fundamentals.operating_income

2.37% · OPTIONAL · NOT_ENOUGH_HISTORY

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History4 statesHistory building

Sep 30, 20250/6 normalizedLevel 3 Dec 31, 20250/6 normalizedLevel 3 Mar 31, 20260/6 normalizedLevel 3 Jun 30, 20260/6 normalizedLevel 3

Period transition

What moved in the state?

Cash Generation Decreased

Previous: -3.26%
Current: -15.30%
Delta: -12.04%

Debt Increased

Previous: $12.9B
Current: $13.0B
Delta: $59.5M

Earnings Growth Decreased

Previous: 40.57%
Current: -16.27%
Delta: -56.84%

Growth Decreased

Previous: 59.94%
Current: -1.56%
Delta: -61.50%

Liquidity Increased

Previous: $264.6M
Current: $269.1M
Delta: $4.5M

Profitability Increased

Previous: -6.48%
Current: 2.37%
Delta: 8.85%

Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Not enough compatible prior states for a transparent self-history match.

Research Graph

Related governed research

Transitioned To · SBAC Fundamental State →Transitioned To · SBAC CASH_GENERATION_DECREASED →Transitioned To · SBAC DEBT_INCREASED →Transitioned To · SBAC EARNINGS_GROWTH_DECREASED →Transitioned To · SBAC GROWTH_DECREASED →Transitioned To · SBAC LIQUIDITY_INCREASED →Transitioned To · SBAC PROFITABILITY_INCREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.