SBA Communications Corp Class A

SBAC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SBA Earnings: With Few Growth Opportunities, Share Repurchases Should Ramp Up

Michael Hodel

Aug 4, 2026

SBA Communications' second-quarter results mirrored those of its two larger US rivals. Total tower leasing revenue increased 5% as the Millicom tower acquisition lifted international revenue. New leasing activity in the US remained muted, while lost Dish revenue pulled US revenue and profits lower.

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SBA Communications Corp Class A

SBA Earnings: With Few Growth Opportunities, Share Repurchases Should Ramp Up

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