ADTRAN Holdings (ADTN) Shares Outstanding (Diluted) (2009 - 2026)
ADTRAN Holdings (ADTN) reported Shares Outstanding (Diluted) of 80.95 million for Q2 2026, up 1.5% from 79.75 million a year earlier and up 0.8% from the prior quarter.
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Analysis
ADTRAN Holdings (ADTN) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, ADTRAN Holdings posted Shares Outstanding (Diluted) of 79.74 million, up 1.0% from FY2024.
- Shares Outstanding (Diluted) has increased for six consecutive years, with a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 78.93 million in FY2024 (+0.7%), 78.42 million in FY2023 (+25.8%), 62.35 million in FY2022 (+28.3%) and 48.58 million in FY2021 (+0.6%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2009.
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last 26 quarters, with growth averaging 1.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 0.2% (Q1 2022) to 59.5% (Q1 2023).
- Per Business Quant data, the three quarters before Q2 2026 came in at 80.32 million (Q1 2026), 79.74 million (Q4 2025) and 79.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,825.63 Bn | 4,573.12 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 429.17 Bn | 365.10 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 346.69 Bn | 302.44 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Sandisk | 261.00 Bn | 249.52 Bn | 7.58 Bn | 155.00 Mn |
| 5 | Arista Networks | 257.88 Bn | 211.33 Bn | 1.91 Bn | 1.28 Bn |
| 6 | Seagate Technology Holdings | 214.45 Bn | 209.44 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 166.98 Bn | 155.11 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 144.46 Bn | 94.85 Bn | 6.53 Bn | 6.01 Bn |
| 9 | Lumentum Holdings | 92.66 Bn | 84.47 Bn | 477.30 Mn | 74.60 Mn |
| 10 | ADTRAN Holdings | 574.05 Mn | 568.78 Mn | - | 80.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.95 Mn |
| Mar 31, 2026 | 80.32 Mn |
| Dec 31, 2025 | 79.74 Mn |
| Sep 30, 2025 | 79.80 Mn |
| Jun 30, 2025 | 79.75 Mn |
| Mar 31, 2025 | 79.53 Mn |
| Dec 31, 2024 | 78.93 Mn |
| Sep 30, 2024 | 78.95 Mn |
| Jun 30, 2024 | 78.85 Mn |
| Mar 31, 2024 | 78.81 Mn |
| Dec 31, 2023 | 78.42 Mn |
| Sep 30, 2023 | 78.39 Mn |
| Jun 30, 2023 | 78.37 Mn |
| Mar 31, 2023 | 78.36 Mn |
| Dec 31, 2022 | 62.35 Mn |
| Sep 30, 2022 | 73.04 Mn |
| Jun 30, 2022 | 49.81 Mn |
| Mar 31, 2022 | 49.11 Mn |
| Dec 31, 2021 | 48.58 Mn |
| Sep 30, 2021 | 48.61 Mn |
API Access
ADTRAN Holdings 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=ADTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "ADTN", "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=ADTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();