Liberty Media (FWONA) Shares Outstanding (2011 - 2026)
Liberty Media's Shares Outstanding came in at 251 million for Q2 2026, down 26.6% from 342 million a year earlier and unchanged from the prior quarter.
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Analysis
Liberty Media (FWONA) Shares Outstanding (2011 - 2026) Analysis & Trends
For FY2025, Liberty Media's Shares Outstanding was 250 million, down 24.7% from FY2024.
- Shares Outstanding has declined in each of the last four years, with a five-year compound annual growth rate of -16.5% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 332 million in FY2024 (-40.8%), 561 million in FY2023 (-8.6%), 614 million in FY2022 (-0.8%) and 619 million in FY2021 (+0.3%).
- The five-year range for quarterly Shares Outstanding is 250 million (Q4 2025) to 707 million (Q3 2023).
- Year-over-year, Shares Outstanding has declined for three consecutive quarters, with an average decline of 33.1% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in Q3 2023 (growth of 15.3%), and the weakest in Q3 2024 (a decline of 52.8%).
- Business Quant data shows FWONA's Shares Outstanding at 251 million (Q1 2026), 250 million (Q4 2025) and 342 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 232.84 Mn |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 74.80 Mn |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 251.00 Mn |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | 92.01 Mn |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | 47.46 Mn |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | 722.02 Mn |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 197.81 Mn |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 30.73 Mn |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 22.76 Mn |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | 2.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 251.00 Mn |
| Mar 31, 2026 | 251.00 Mn |
| Dec 31, 2025 | 250.00 Mn |
| Sep 30, 2025 | 342.00 Mn |
| Jun 30, 2025 | 342.00 Mn |
| Mar 31, 2025 | 341.00 Mn |
| Dec 31, 2024 | 332.00 Mn |
| Sep 30, 2024 | 334.00 Mn |
| Jun 30, 2024 | 654.00 Mn |
| Mar 31, 2024 | 654.00 Mn |
| Dec 31, 2023 | 561.00 Mn |
| Sep 30, 2023 | 707.00 Mn |
| Jun 30, 2023 | 614.00 Mn |
| Mar 31, 2023 | 614.00 Mn |
| Dec 31, 2022 | 614.00 Mn |
| Sep 30, 2022 | 613.00 Mn |
| Jun 30, 2022 | 614.00 Mn |
| Mar 31, 2022 | 617.00 Mn |
| Dec 31, 2021 | 619.00 Mn |
| Sep 30, 2021 | 616.00 Mn |
API Access
Liberty Media 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=FWONA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "FWONA", "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=FWONA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();