Walt Disney (DIS) Shares Outstanding (Diluted) (2018 - 2026)
Walt Disney's Shares Outstanding (Diluted) was 1.74 billion in fiscal Q3 2026 (quarter ended Jun 27, 2026), down 3.4% from 1.81 billion a year earlier and down 1.6% from the prior quarter.
Walt Disney (DIS) Shares Outstanding (Diluted) (2018 - 2026) Analysis & Trends
For FY2025 (ended Sep 27, 2025), Shares Outstanding (Diluted) at Walt Disney came in at 1.81 billion, down 1.1% from FY2024.
- Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In earlier fiscal years, Shares Outstanding (Diluted) was 1.83 billion in FY2024 (+0.1%), 1.83 billion in FY2023 (+0.2%), 1.83 billion in FY2022 (-0.1%) and 1.83 billion in FY2021 (+1.1%).
- The fiscal Q3 2026 figure marks the lowest quarterly Shares Outstanding (Diluted) since fiscal Q4 2019.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for seven straight quarters, with an average decline of 1.4% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was fiscal Q4 2021 (growth of 1.1%); the worst was fiscal Q3 2026 (a decline of 3.4%).
- Per Business Quant data, DIS's Shares Outstanding (Diluted) in the three fiscal quarters before Q3 2026 was 1.77 billion (Q2 2026), 1.79 billion (Q1 2026) and 1.81 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | 1.74 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | 524.42 Mn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | 291.60 Mn |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | 184.24 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | 65.75 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | 70.97 Mn |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 113.56 Mn |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | 2.11 Mn |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | 5.46 Mn |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 6.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 1.74 Bn |
| Mar 28, 2026 | 1.77 Bn |
| Dec 27, 2025 | 1.79 Bn |
| Sep 27, 2025 | 1.81 Bn |
| Jun 28, 2025 | 1.81 Bn |
| Mar 29, 2025 | 1.81 Bn |
| Dec 28, 2024 | 1.82 Bn |
| Sep 28, 2024 | 1.83 Bn |
| Jun 29, 2024 | 1.83 Bn |
| Mar 30, 2024 | 1.83 Bn |
| Dec 30, 2023 | 1.84 Bn |
| Sep 30, 2023 | 1.83 Bn |
| Jul 1, 2023 | 1.83 Bn |
| Apr 1, 2023 | 1.83 Bn |
| Dec 31, 2022 | 1.83 Bn |
| Oct 1, 2022 | 1.83 Bn |
| Jul 2, 2022 | 1.83 Bn |
| Apr 2, 2022 | 1.83 Bn |
| Jan 1, 2022 | 1.83 Bn |
| Oct 2, 2021 | 1.83 Bn |
Walt Disney 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=DIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "DIS", "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=DIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();