Apple (AAPL) Shares Outstanding (Diluted) (2009 - 2026)
Apple (AAPL) reported Shares Outstanding (Diluted) of 14.71 billion for fiscal Q3 2026 (quarter ended Jun 27, 2026), down 1.6% from 14.95 billion a year earlier and down 0.1% from the prior quarter.
Powered by 
Analysis
Apple (AAPL) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 27, 2025), Apple posted Shares Outstanding (Diluted) of 15 billion, down 2.6% from FY2024.
- Shares Outstanding (Diluted) has declined for 13 consecutive fiscal years, with a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- By fiscal year, Shares Outstanding (Diluted) came in at 15.41 billion in FY2024 (-2.6%), 15.81 billion in FY2023 (-3.1%), 16.33 billion in FY2022 (-3.2%) and 16.86 billion in FY2021 (-3.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q2 2009.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 53 quarters, with an average decline of 2.4% over the last eight quarters.
- The year-over-year decline in Shares Outstanding (Diluted) has ranged between 1.6% (fiscal Q3 2026) and 3.8% (fiscal Q4 2021) over the last five years.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 14.73 billion (Q2 2026), 14.81 billion (Q1 2026) and 15 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | 6.01 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 | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 14.71 Bn |
| Mar 28, 2026 | 14.73 Bn |
| Dec 27, 2025 | 14.81 Bn |
| Sep 27, 2025 | 15.00 Bn |
| Jun 28, 2025 | 14.95 Bn |
| Mar 29, 2025 | 15.06 Bn |
| Dec 28, 2024 | 15.15 Bn |
| Sep 28, 2024 | 15.41 Bn |
| Jun 29, 2024 | 15.35 Bn |
| Mar 30, 2024 | 15.46 Bn |
| Dec 30, 2023 | 15.58 Bn |
| Sep 30, 2023 | 15.81 Bn |
| Jul 1, 2023 | 15.78 Bn |
| Apr 1, 2023 | 15.85 Bn |
| Dec 31, 2022 | 15.96 Bn |
| Sep 24, 2022 | 16.33 Bn |
| Jun 25, 2022 | 16.26 Bn |
| Mar 26, 2022 | 16.40 Bn |
| Dec 25, 2021 | 16.52 Bn |
| Sep 25, 2021 | 16.86 Bn |
API Access
Apple Shares Outstanding (Diluted) 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-diluted&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();