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Adding Share Classes to Calculate Shares Outstanding

Article Quant Q&A · Author: Steven Aguilar
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Summary

The document asks how to determine a company’s total outstanding shares from a quarterly SEC filing. The questioner cannot find a single total in the balance sheet and quotes a filing statement that gives issued and outstanding counts for Class A and Class B common stock as of a specified date. They ask whether the total is calculated by adding the two class counts.

No answer or supporting explanation is included, so the document does not establish how to treat multiple share classes, the reporting date, or any other securities that could affect a company-wide share count. It provides no broader discussion of diluted shares, treasury stock, or where share counts appear in filings. Its useful content is limited to identifying a common data lookup question and the distinction between class-specific counts and a potential combined total. Readers would need to confirm the intended measure and relevant filing disclosures before using a total in analysis.

Key ideas

  • The question concerns calculating a combined share count from class-specific outstanding share figures in a quarterly filing.
  • The quoted filing statement reports Class A and Class B counts as of a particular date.
  • The document asks whether the class counts should be added but contains no answer.
  • It does not address diluted shares or other securities that might affect a broader share-count measure.

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Full text
# How can I calculate Total number of outstanding shares from a SEC 10Q report


# How can I calculate Total number of outstanding shares from a SEC 10Q report












I'm trying to calculate the total number of outstanding shares from a 10Q SEC repot. I dont see a field for that in the balance sheet. I noticed that there is

> As of November 12, 2020, 7,906,250 shares of Class B common stock, par value $0.0001 per share, and 31,625,000 shares of Class A common > stock, par value $0.0001 per share, were issued and outstanding.

would Total number of outstanding shares be total B common stock + total Class A common stock?

This is the SEC report from which Im trying to calculate total number of shares outstanding https://sec.report/Document/0001104659-20-125118/

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