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Apple (AAPL) Shares Outstanding (Diluted Average) (2016 - 2025)

Apple (AAPL) has disclosed Shares Outstanding (Diluted Average) for 14 consecutive years, with $14.8 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) fell 2.25% year-over-year to $14.8 billion, compared with a TTM value of $14.8 billion through Dec 2025, down 2.25%, and an annual FY2025 reading of $15.0 billion, down 2.62% over the prior year.
  • Shares Outstanding (Diluted Average) was $14.8 billion for Q4 2025 at Apple, down from $15.0 billion in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $17.0 billion in Q1 2021 and bottomed at $14.8 billion in Q4 2025.
  • Average Shares Outstanding (Diluted Average) over 5 years is $15.8 billion, with a median of $15.8 billion recorded in 2023.
  • The sharpest move saw Shares Outstanding (Diluted Average) fell 4.75% in 2021, then fell 2.25% in 2025.
  • Year by year, Shares Outstanding (Diluted Average) stood at $16.5 billion in 2021, then decreased by 3.41% to $16.0 billion in 2022, then dropped by 2.38% to $15.6 billion in 2023, then decreased by 2.73% to $15.2 billion in 2024, then dropped by 2.25% to $14.8 billion in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for AAPL at $14.8 billion in Q4 2025, $15.0 billion in Q3 2025, and $15.1 billion in Q2 2025.