Medifast (MED) Shares Outstanding (Diluted) (2010 - 2026)
Medifast (MED) reported Shares Outstanding (Diluted) of 11.14 million for Q2 2026, up 0.7% from 11.06 million a year earlier and up 1.2% from the prior quarter.
Medifast (MED) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Medifast posted Shares Outstanding (Diluted) of 10.98 million, up 0.2% from FY2024.
- Shares Outstanding (Diluted) has a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 10.96 million in FY2024 (+0.4%), 10.92 million in FY2023 (-3.1%), 11.28 million in FY2022 (-4.5%) and 11.81 million in FY2021 (-0.3%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Diluted) since Q4 2022.
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last five quarters, with growth averaging 0.4% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q2 2025 (growth of 1.1%); the low point was Q1 2023 (a decline of 6.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.01 million (Q1 2026), 10.98 million (Q4 2025) and 10.99 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 2.42 Bn |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 801.80 Mn |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 1.92 Bn |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | 364.80 Mn |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | 333.30 Mn |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 238.20 Mn |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 122.13 Mn |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 59.73 Mn |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 211.90 Mn |
| 10 | Medifast | 128.69 Mn | -550.86 Mn | 53.40 Mn | 11.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.14 Mn |
| Mar 31, 2026 | 11.01 Mn |
| Dec 31, 2025 | 10.98 Mn |
| Sep 30, 2025 | 10.99 Mn |
| Jun 30, 2025 | 11.06 Mn |
| Mar 31, 2025 | 10.95 Mn |
| Dec 31, 2024 | 10.96 Mn |
| Sep 30, 2024 | 10.97 Mn |
| Jun 30, 2024 | 10.94 Mn |
| Mar 31, 2024 | 10.96 Mn |
| Dec 31, 2023 | 10.92 Mn |
| Sep 30, 2023 | 10.93 Mn |
| Jun 30, 2023 | 10.92 Mn |
| Mar 31, 2023 | 10.90 Mn |
| Dec 31, 2022 | 11.28 Mn |
| Sep 30, 2022 | 11.04 Mn |
| Jun 30, 2022 | 11.44 Mn |
| Mar 31, 2022 | 11.64 Mn |
| Dec 31, 2021 | 11.81 Mn |
| Sep 30, 2021 | 11.79 Mn |
Medifast 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=MED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "MED", "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=MED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();