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SBA Communications SBAC Shares (Diluted)

Shares (Diluted) at other companies

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Other financials

Income statement

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Revenue$703.4M+5.9%
Gross profit$664.0M+6.1%
Operating income$342.8M+2.4%
Net income$184.8M-16.3%
EPS (diluted)$1.74-14.7%

Balance sheet

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Cash & equivalents$332.5M-49.9%
Total debt$13.0B+4.3%
Total equity-$4.8B+4.4%
Total assets$11.7B+12.2%

Cash flow

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Operating cash flow$255.1M-15.3%
CapEx$48.4M+4.8%
Free cash flow$206.7M-18.9%

Valuation

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Market cap$19.2B-22.5%
Enterprise value$31.82B-13.9%
P/E18.9×-9.3×
P/S6.7×-2.4×

Profitability

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Gross margin93%-2.0pp
Operating margin47.3%-6.6pp
Net margin35.7%+5.3pp
FCF margin35.7%-6.2pp

Returns & leverage

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Return on equity-11.1%
Debt / equity-2.7×
Current ratio0.2×-0.5×

Where this comes from

Reported directly by SBA Communications in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: SBA Communications’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 3:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001034054-26-000009
Line itemFor the three months / ended March 31, 2026For the three months / ended March 31, 2025
Corporation$184,830$220,732
Net income per common share attributable to SBA
Communications Corporation:
Basic$1.75$2.05
Diluted$1.74$2.04
Weighted-average number of common shares
Basic105,815107,744
Diluted106,111108,140

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is SBA Communications's shares (diluted)?
SBA Communications (SBAC) reported shares (diluted) of 106.1M in Q1 2026.
How has SBA Communications's shares (diluted) changed year-over-year?
SBA Communications's shares (diluted) decreased by 1.9% year-over-year, from 108.1M to 106.1M.
What is the long-term trend for SBA Communications's shares (diluted)?
Over 4 years (2021 to 2025), SBA Communications's shares (diluted) has grown at a -0.7% compound annual growth rate (CAGR), from 443.5M to 431M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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