Modular Medical (MODD) Shares Outstanding (Diluted) (2011 - 2026)
Modular Medical's Shares Outstanding (Diluted) came in at 5.45 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 201.3% from 1.81 million a year earlier and up 138.6% from the prior quarter.
Modular Medical (MODD) Shares Outstanding (Diluted) (2011 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Modular Medical's Shares Outstanding (Diluted) was 2.29 million, up 85.2% from FY2025.
- Shares Outstanding (Diluted) has increased in each of the last five fiscal years, with a five-year compound annual growth rate of 63.0% (FY2021 to FY2026).
- Going back by fiscal year, Shares Outstanding (Diluted) was 1.23 million in FY2025 (+65.4%), 745,900 in FY2024 (+105.7%), 362,684 in FY2023 (+59.8%) and 226,924 in FY2022 (+14.4%).
- The fiscal Q1 2027 figure represents the highest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q4 2011.
- Year-over-year, Shares Outstanding (Diluted) has increased for 18 consecutive quarters, with growth averaging 83.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 0.0% in fiscal Q2 2022 to 201.3% in fiscal Q1 2027.
- Business Quant data shows MODD's Shares Outstanding (Diluted) at 2.29 million (Q4 2026), 2.2 million (Q3 2026) and 1.85 million (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 371.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 1.74 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 707.60 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 357.30 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 386.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 577.60 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 275.16 Mn |
| 10 | Modular Medical | 11.14 Mn | -7.97 Mn | - | 5.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.45 Mn |
| Mar 31, 2026 | 2.29 Mn |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 1.85 Mn |
| Jun 30, 2025 | 1.81 Mn |
| Mar 31, 2025 | 1.23 Mn |
| Dec 31, 2024 | 1.26 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Jun 30, 2024 | 1.13 Mn |
| Mar 31, 2024 | 745,900.00 |
| Dec 31, 2023 | 751,333.00 |
| Sep 30, 2023 | 748,167.00 |
| Jun 30, 2023 | 525,000.00 |
| Mar 31, 2023 | 362,684.00 |
| Dec 31, 2022 | 409,133.00 |
| Sep 30, 2022 | 408,767.00 |
| Jun 30, 2022 | 358,133.00 |
| Mar 31, 2022 | 226,924.00 |
| Dec 31, 2021 | 198,306.00 |
| Sep 30, 2021 | 198,306.00 |
Modular Medical 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=MODD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "MODD", "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=MODD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();