Microsoft MSFT
NASDAQ MSFT
$509.22 -6.95 (-1.35%)
At close: Sep 28, 2026 · 4:00 PM EDT

Microsoft (MSFT) Shares Outstanding (Diluted) (2009 - 2026)

Updated

Microsoft (MSFT) recorded Shares Outstanding (Diluted) of 7.45 billion in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 0.2% from 7.47 billion a year earlier but up 0.1% from the prior quarter.

Analysis

Microsoft (MSFT) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends

Starting with fiscal Q3 2009, Microsoft's Shares Outstanding (Diluted) history includes 70 quarters.

  • Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of -0.4% (FY2021 to FY2026).
  • Across earlier fiscal years, Shares Outstanding (Diluted) came in at 7.47 billion in FY2025 (-0.1%), 7.47 billion in FY2024 (unchanged), 7.47 billion in FY2023 (-0.9%) and 7.54 billion in FY2022 (-0.9%).
  • Quarterly Shares Outstanding (Diluted) has ranged from 7.45 billion in fiscal Q3 2026 to 7.57 billion in fiscal Q1 2022 over the past five years.
  • On a year-over-year basis, Shares Outstanding (Diluted) has declined for six consecutive quarters, with an average decline of 0.1% over the last eight quarters.
  • Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 0.1% in fiscal Q1 2025, against a decline of 1.1% in fiscal Q2 2023 at the low end.
  • Per Business Quant, the preceding three fiscal quarters came in at 7.45 billion (Q3 2026), 7.46 billion (Q2 2026) and 7.47 billion (Q1 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Dil.) (Qtr)
1 Microsoft 3,833.59 Bn 3,756.75 Bn 60.48 Bn 7.45 Bn
2 International Business Machines 212.47 Bn 163.37 Bn 9.91 Bn 953.30 Mn
3 Cloudflare 112.40 Bn 95.93 Bn 499.52 Mn 354.33 Mn
4 Equinix 99.47 Bn 88.02 Bn 1.40 Bn 99.14 Mn
5 Nebius 60.05 Bn 33.48 Bn 448.70 Mn 282.72 Mn
6 CoreWeave 48.26 Bn 35.35 Bn 1.70 Bn 551.00 Mn
7 Verisign 25.97 Bn 23.18 Bn 384.60 Mn 91.10 Mn
8 Nutanix 18.41 Bn 10.09 Bn 651.35 Mn 292.18 Mn
9 Akamai Technologies 16.36 Bn 9.77 Bn 613.75 Mn 153.69 Mn
10 DigitalOcean Holdings 14.67 Bn 12.67 Bn 154.66 Mn 126.55 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.45 Bn
Mar 31, 2026 7.45 Bn
Dec 31, 2025 7.46 Bn
Sep 30, 2025 7.47 Bn
Jun 30, 2025 7.47 Bn
Mar 31, 2025 7.46 Bn
Dec 31, 2024 7.47 Bn
Sep 30, 2024 7.47 Bn
Jun 30, 2024 7.47 Bn
Mar 31, 2024 7.47 Bn
Dec 31, 2023 7.47 Bn
Sep 30, 2023 7.46 Bn
Jun 30, 2023 7.47 Bn
Mar 31, 2023 7.46 Bn
Dec 31, 2022 7.47 Bn
Sep 30, 2022 7.49 Bn
Jun 30, 2022 7.54 Bn
Mar 31, 2022 7.53 Bn
Dec 31, 2021 7.56 Bn
Sep 30, 2021 7.57 Bn
API Access

Microsoft 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=MSFT&period=max&api_key=YOUR_API_KEY