Arrow Electronics (ARW) Shares Outstanding (2009 - 2026)
Arrow Electronics' Shares Outstanding came in at 51.31 million for Q2 2026, down 1.1% from 51.86 million a year earlier and unchanged from the prior quarter.
Arrow Electronics (ARW) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Arrow Electronics' Shares Outstanding was 51.8 million, down 2.8% from FY2024.
- Shares Outstanding has declined in each of the last 16 years, with a five-year compound annual growth rate of -7.9% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 53.28 million in FY2024 (-5.5%), 56.36 million in FY2023 (-13.1%), 64.84 million in FY2022 (-10.5%) and 72.47 million in FY2021 (-7.1%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding in data going back to Q2 2009.
- Year-over-year, Shares Outstanding has declined for 65 consecutive quarters, with an average decline of 3.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding ran from 1.1% in Q2 2026 to 14.2% in Q2 2023.
- Business Quant data shows ARW's Shares Outstanding at 51.32 million (Q1 2026), 51.8 million (Q4 2025) and 51.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.35 Bn | -77.91 Bn | 1.60 Bn | 4.11 Bn |
| 2 | Cognizant Technology Solutions | 30.16 Bn | 24.12 Bn | 1.91 Bn | 466.00 Mn |
| 3 | Wipro | 22.58 Bn | 17.72 Bn | 745.00 Mn | 10.48 Bn |
| 4 | Cdw | 19.64 Bn | 16.54 Bn | 1.39 Bn | 125.10 Mn |
| 5 | Cgi | 18.54 Bn | 16.34 Bn | - | 222.69 Mn |
| 6 | Td Synnex | 17.34 Bn | 11.50 Bn | 1.43 Bn | 79.21 Mn |
| 7 | Arrow Electronics | 9.29 Bn | 8.24 Bn | 1.13 Bn | 51.31 Mn |
| 8 | EPAM Systems | 8.17 Bn | 4.08 Bn | 445.94 Mn | 51.43 Mn |
| 9 | ExlService Holdings | 6.55 Bn | 5.35 Bn | 241.14 Mn | 151.78 Mn |
| 10 | Avnet | 6.53 Bn | 5.71 Bn | 865.03 Mn | 82.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 51.31 Mn |
| Apr 4, 2026 | 51.32 Mn |
| Dec 31, 2025 | 51.80 Mn |
| Sep 27, 2025 | 51.70 Mn |
| Jun 28, 2025 | 51.86 Mn |
| Mar 29, 2025 | 52.27 Mn |
| Dec 31, 2024 | 53.28 Mn |
| Sep 28, 2024 | 53.01 Mn |
| Jun 29, 2024 | 53.64 Mn |
| Mar 30, 2024 | 54.25 Mn |
| Dec 31, 2023 | 56.36 Mn |
| Sep 30, 2023 | 55.60 Mn |
| Jul 1, 2023 | 56.72 Mn |
| Apr 1, 2023 | 58.73 Mn |
| Dec 31, 2022 | 64.84 Mn |
| Oct 1, 2022 | 64.23 Mn |
| Jul 2, 2022 | 66.08 Mn |
| Apr 2, 2022 | 67.84 Mn |
| Dec 31, 2021 | 72.47 Mn |
| Oct 2, 2021 | 71.67 Mn |
Arrow Electronics 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=ARW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "ARW", "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=ARW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();