SBAコミュニケーションズの四半期報告

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フロリダ	65-0716501
(の州またはその他の管轄区域	(I.R.S. Employer
incorporation or organization)	Identification No.)


8051 Congress Avenue
Boca Raton, Florida	33487
(主要経営陣の住所)	(Zip Code)


Title of Each Class	Trading Symbol	登録されている各取引所の名称
クラスa普通株式、1株当たりの額面0.01ドル	SBAC	the nasdaq stock market llc
		(NASDAQ Global Select Market)


Large Accelerated Filer	x	Accelerated Filer	¨

Non-Accelerated Filer	¨	Smaller Reporting Company	¨

		Emerging Growth Company	¨



		Page
パート i - 財務情報

Item 1.	財務諸表
	2025年6月30日および2024年12月31日現在の連結貸借対照表（未監査	1
	2025年および2024年6月30日に終了した3ヶ月間および6ヶ月間の連結損益計算書（未監査	2
	2025年および2024年6月30日に終了した3ヶ月間および6ヶ月間の連結包括利益計算書（未監査	3
	2025年および2024年6月30日に終了した3ヵ月間および6ヵ月間の連結株主資本等変動計算書（未監査	4
	2025年および2024年6月30日に終了した6ヶ月間の連結キャッシュ・フロー計算書（未監査	6
	要約連結財務諸表注記（監査対象外）	8
Item 2.	経営陣による財政状態および経営成績の検討と分析	22
Item 3.	市場リスクに関する定量的および定性的な開示	39
Item 4.	コントロールとプロシージャー	41

パート ii - その他の情報

Item 2.	登録されていない持分証券の売却および売却代金の使用	42
Item 5.	その他の情報	42
Item 6.	Exhibits	42

SIGNATURES		43



	June 30,		December 31,
	2025		2024
資産	(未監査)
流動資産:
現金および現金同等物	$	275,275	$	189,841
制限付き現金		20,757		1,206,653
売掛金（純額）		139,890		145,695
未完成の契約に対する請求額を超える費用および見積利益		46,811		19,198
前払費用およびその他の流動資産		41,075		417,333
流動資産合計		523,808		1,978,720
有形固定資産(純額)		3,258,183		2,792,084
無形資産(純額)		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情報をすべてご覧になるには株探プレ		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情報をすべてご覧になるには株		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情報を		会社開示情報をすべ		会社開示情報をすべ
会社開示情	会社	会社開示情報をすべてご覧	会社	会社開示情報をすべてご覧
会社開示情報をすべてご覧になるには株探プレミアムの登録が必要です。初めての方には「30日間の無料体
会社開示情報をすべてご覧になるには株探プレミアムの登
会社開示情報を
会社開示	会社	会社開示情報をす	会社	会社開示情報をす
会社開示情		会社開示情報をす		会社開示情報をす
会社開示情報をすべてご覧になるには株		会社開示情報をすべ		会社開示情報をすべてご
会社開示情		会社開示情報をすべ		会社開示情報をすべ
会社開示情報をすべてご覧になるには		会社開示情報をす		会社開示情報をす
会社開示情報をすべてご覧になるには株探プレミアムの登		会社開示情報をすべ		会社開示情報をすべ
会社開示情報をす		会社開示情報をす		会社開示情報をす
会社開示情報を		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情報をすべてご覧になるには株探プレミア
会社開示情報をすべてご覧になるには株探プ		会社開示情報をすべてご覧		会社開示情報をすべてご覧
会社開示情報をす		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情報をすべ		会社開示情報をすべ		会社開示情報をすべ
会社開示情報をすべてご覧になるには株探プレミアムの登録が		会社開示情報をすべてご覧		会社開示情報をすべてご覧
会社開示情報をすべてご覧になるには株探プレミアムの登録が必要です。初め		会社開示情報をす		会社開示情報をす
会社開示情報をすべ
会社開示情報をすべてご覧になるには株探プレミアムの登録が必要です。初		会社開		会社開
会社開示情報をすべてご覧になるには株探プレミアムの登録が必要です。初めての方には「30日
会社開示情報をすべてご覧になるには株探プレミアムの登録が必要です。初めての方には「3
会社開示情報をすべてご覧に		会社開示情報を		会社開示情報を
会社開示情報		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情		会社開示情報をすべてご覧に		会社開示情報をすべてご覧に
会社開示情報をすべてご覧にな		会社開示情報をすべてご		会社開示情報をすべてご
会社開示情報を		会社開示情報をすべてご覧に		会社開示情報をすべてご覧に
会社開示情報をすべてご覧になるには株探プレミアム	会社	会社開示情報をすべてご覧	会社	会社開示情報をすべてご覧