Apple (AAPL) Shares Outstanding (2009 - 2026)
Apple (AAPL) posted Shares Outstanding of 14.66 billion for fiscal Q3 2026 (quarter ended Jun 27, 2026), down 1.7% from 14.9 billion a year earlier and down 0.1% from the prior quarter.
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Analysis
Apple (AAPL) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 27, 2025), Apple's Shares Outstanding came in at 14.95 billion, down 2.6% from FY2024.
- Annual Shares Outstanding has declined for 13 consecutive fiscal years, with a five-year compound annual growth rate of -2.9% (FY2020 to FY2025).
- In prior fiscal years, Apple's Shares Outstanding was 15.34 billion in FY2024 (-2.5%), 15.74 billion in FY2023 (-2.9%), 16.22 billion in FY2022 (-2.9%) and 16.7 billion in FY2021 (-3.8%).
- The fiscal Q3 2026 figure stands as the lowest quarterly Shares Outstanding in data going back to fiscal Q2 2009.
- On a year-over-year basis, Shares Outstanding has declined in each of the last 53 quarters, with an average decline of 2.4% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding ranged from 1.7% (fiscal Q3 2026) to 3.8% (fiscal Q4 2021).
- According to Business Quant data, Shares Outstanding for the three prior fiscal quarters was 14.67 billion (Q2 2026), 14.75 billion (Q1 2026) and 14.95 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 14.66 Bn |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 3.95 Bn |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | 645.00 Mn |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 1.26 Bn |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 147.00 Mn |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 219.00 Mn |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 345.00 Mn |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | 5.98 Bn |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | 1.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 14.66 Bn |
| Mar 28, 2026 | 14.67 Bn |
| Dec 27, 2025 | 14.75 Bn |
| Sep 27, 2025 | 14.95 Bn |
| Jun 28, 2025 | 14.90 Bn |
| Mar 29, 2025 | 14.99 Bn |
| Dec 28, 2024 | 15.08 Bn |
| Sep 28, 2024 | 15.34 Bn |
| Jun 29, 2024 | 15.29 Bn |
| Mar 30, 2024 | 15.41 Bn |
| Dec 30, 2023 | 15.51 Bn |
| Sep 30, 2023 | 15.74 Bn |
| Jul 1, 2023 | 15.70 Bn |
| Apr 1, 2023 | 15.79 Bn |
| Dec 31, 2022 | 15.89 Bn |
| Sep 24, 2022 | 16.22 Bn |
| Jun 25, 2022 | 16.16 Bn |
| Mar 26, 2022 | 16.28 Bn |
| Dec 25, 2021 | 16.39 Bn |
| Sep 25, 2021 | 16.70 Bn |
API Access
Apple 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=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "AAPL", "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=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();