Cisco Systems (CSCO) Shares Outstanding (Diluted) (2009 - 2026)
Cisco Systems (CSCO) reported Shares Outstanding (Diluted) of 3.99 billion for fiscal Q4 2026 (quarter ended Jul 25, 2026), down 0.3% from 4 billion a year earlier but up 0.1% from the prior quarter.
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Analysis
Cisco Systems (CSCO) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Dating back to fiscal Q2 2009, Cisco Systems' Shares Outstanding (Diluted) record includes 71 quarters.
- Shares Outstanding (Diluted) has declined for 17 consecutive fiscal years, with a five-year compound annual growth rate of -1.2% (FY2021 to FY2026).
- By fiscal year, Shares Outstanding (Diluted) came in at 4 billion in FY2025 (-1.6%), 4.06 billion in FY2024 (-1.0%), 4.11 billion in FY2023 (-2.1%) and 4.19 billion in FY2022 (-1.0%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 3.98 billion in fiscal Q3 2026 and a high of 4.24 billion in fiscal Q1 2022.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 19 quarters, with an average decline of 1.0% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 0.0% (fiscal Q1 2022) to 3.0% (fiscal Q1 2023).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 3.98 billion (Q3 2026), 3.98 billion (Q2 2026) and 3.99 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,034.23 Bn | 4,781.72 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 424.39 Bn | 360.32 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 291.31 Bn | 247.06 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 223.20 Bn | 176.66 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 191.14 Bn | 179.66 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Sony | 148.92 Bn | 86.18 Bn | 6.53 Bn | 6.01 Bn |
| 7 | Seagate Technology Holdings | 140.06 Bn | 135.06 Bn | 1.90 Bn | 229.00 Mn |
| 8 | Western Digital | 114.98 Bn | 103.11 Bn | 2.03 Bn | 383.00 Mn |
| 9 | Hewlett Packard Enterprise | 74.13 Bn | 52.01 Bn | 4.93 Bn | 1.45 Bn |
| 10 | Lumentum Holdings | 61.48 Bn | 53.29 Bn | 477.30 Mn | 74.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 25, 2026 | 3.99 Bn |
| Apr 25, 2026 | 3.98 Bn |
| Jan 24, 2026 | 3.98 Bn |
| Oct 25, 2025 | 3.99 Bn |
| Jul 26, 2025 | 4.00 Bn |
| Apr 26, 2025 | 4.00 Bn |
| Jan 25, 2025 | 4.01 Bn |
| Oct 26, 2024 | 4.01 Bn |
| Jul 27, 2024 | 4.06 Bn |
| Apr 27, 2024 | 4.06 Bn |
| Jan 27, 2024 | 4.07 Bn |
| Oct 28, 2023 | 4.09 Bn |
| Jul 29, 2023 | 4.11 Bn |
| Apr 29, 2023 | 4.11 Bn |
| Jan 28, 2023 | 4.12 Bn |
| Oct 29, 2022 | 4.12 Bn |
| Jul 30, 2022 | 4.19 Bn |
| Apr 30, 2022 | 4.17 Bn |
| Jan 29, 2022 | 4.21 Bn |
| Oct 30, 2021 | 4.24 Bn |
API Access
Cisco Systems 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=CSCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "CSCO", "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=CSCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();