Meta Platforms (META) Shares Outstanding (Diluted) (2011 - 2026)
Meta Platforms' Weighted Average Shares Outstanding (Diluted) was 2.57 billion in Q3 2026, down 0.2% from 2.57 billion a year earlier and unchanged from the prior quarter.
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Analysis
Meta Platforms (META) Shares Outstanding (Diluted) (2011 - 2026) Analysis & Trends
From Q2 2011 onward, Meta Platforms has reported Weighted Average Shares Outstanding (Diluted) for 62 quarters.
- Weighted Average Shares Outstanding (Diluted) has now declined for five consecutive years, with a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In earlier years, Weighted Average Shares Outstanding (Diluted) was 2.61 billion in FY2024 (-0.6%), 2.63 billion in FY2023 (-2.7%), 2.7 billion in FY2022 (-5.5%) and 2.86 billion in FY2021 (-1.0%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has moved between 2.56 billion (Q1 2026) and 2.86 billion (Q4 2021) over five years.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) has declined for ten straight quarters, with an average decline of 0.9% over the last eight quarters.
- The best year-over-year quarter for Weighted Average Shares Outstanding (Diluted) over five years was Q1 2024 (growth of 1.1%); the worst was Q3 2022 (a decline of 6.0%).
- Per Business Quant data, META's Weighted Average Shares Outstanding (Diluted) in the three quarters before Q3 2026 was 2.57 billion (Q2 2026), 2.56 billion (Q1 2026) and 2.57 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,397.54 Bn | 3,081.41 Bn | - | 12.31 Bn |
| 2 | Meta Platforms | 1,544.80 Bn | 1,544.80 Bn | - | 2.57 Bn |
| 3 | Netflix | 257.58 Bn | 218.88 Bn | 6.80 Bn | 4.20 Bn |
| 4 | Alibaba Group Holding | 235.79 Bn | 49.43 Bn | 15.16 Bn | 2.40 Bn |
| 5 | Shopify | 199.87 Bn | 177.05 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 135.55 Bn | 107.35 Bn | 6.38 Bn | 2.05 Bn |
| 7 | Spotify Technology | 121.90 Bn | 78.82 Bn | 1.89 Bn | 210.51 Mn |
| 8 | Booking Holdings | 117.90 Bn | 50.95 Bn | - | 770.00 Mn |
| 9 | PDD Holdings | 114.43 Bn | -129.62 Bn | 9.48 Bn | 1.48 Bn |
| 10 | Airbnb | 101.59 Bn | 54.82 Bn | 2.98 Bn | 597.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.57 Bn |
| Jun 30, 2026 | 2.57 Bn |
| Mar 31, 2026 | 2.56 Bn |
| Dec 31, 2025 | 2.57 Bn |
| Sep 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Mar 31, 2025 | 2.59 Bn |
| Dec 31, 2024 | 2.61 Bn |
| Sep 30, 2024 | 2.60 Bn |
| Jun 30, 2024 | 2.61 Bn |
| Mar 31, 2024 | 2.63 Bn |
| Dec 31, 2023 | 2.63 Bn |
| Sep 30, 2023 | 2.64 Bn |
| Jun 30, 2023 | 2.61 Bn |
| Mar 31, 2023 | 2.60 Bn |
| Dec 31, 2022 | 2.70 Bn |
| Sep 30, 2022 | 2.69 Bn |
| Jun 30, 2022 | 2.71 Bn |
| Mar 31, 2022 | 2.74 Bn |
| Dec 31, 2021 | 2.86 Bn |
API Access
Meta Platforms 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=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "META", "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=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();