Sba Communications (SBAC) Shares Outstanding (2009 - 2026)
Sba Communications (SBAC) recorded Shares Outstanding of 106.07 million in Q2 2026, down 1.4% from 107.53 million a year earlier but up 0.2% from the prior quarter.
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Analysis
Sba Communications (SBAC) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Sba Communications reported Shares Outstanding of 107.21 million, down 0.4% from FY2024.
- Annual Shares Outstanding has a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 107.64 million in FY2024 (-0.5%), 108.2 million in FY2023 (+0.2%), 107.96 million in FY2022 (-1.3%) and 109.33 million in FY2021 (-2.0%).
- Quarterly Shares Outstanding has ranged from 105.82 million in Q1 2026 to 109.58 million in Q3 2021 over the past five years.
- On a year-over-year basis, Shares Outstanding has declined for four consecutive quarters, with an average decline of 0.7% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 0.5% in Q2 2023, against a decline of 2.0% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 105.82 million (Q1 2026), 107.21 million (Q4 2025) and 107.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 465.94 Mn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 354.12 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 433.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 106.07 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 101.49 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 176.10 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 86.48 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 335.05 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 637.33 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 508.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 106.07 Mn |
| Mar 31, 2026 | 105.82 Mn |
| Dec 31, 2025 | 107.21 Mn |
| Sep 30, 2025 | 107.26 Mn |
| Jun 30, 2025 | 107.53 Mn |
| Mar 31, 2025 | 107.74 Mn |
| Dec 31, 2024 | 107.64 Mn |
| Sep 30, 2024 | 107.49 Mn |
| Jun 30, 2024 | 107.46 Mn |
| Mar 31, 2024 | 108.10 Mn |
| Dec 31, 2023 | 108.20 Mn |
| Sep 30, 2023 | 108.37 Mn |
| Jun 30, 2023 | 108.36 Mn |
| Mar 31, 2023 | 108.13 Mn |
| Dec 31, 2022 | 107.96 Mn |
| Sep 30, 2022 | 107.92 Mn |
| Jun 30, 2022 | 107.85 Mn |
| Mar 31, 2022 | 108.09 Mn |
| Dec 31, 2021 | 109.33 Mn |
| Sep 30, 2021 | 109.58 Mn |
API Access
Sba Communications Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=SBAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "SBAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=SBAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();