Microsoft (MSFT) Shares Outstanding (Diluted) (2009 - 2026)
Microsoft (MSFT) recorded Weighted Average Shares Outstanding (Diluted) of 7.45 billion in fiscal Q1 2027 (quarter ended Sep 30, 2026), down 0.3% from 7.47 billion a year earlier and down 0.1% from the prior quarter.
Microsoft (MSFT) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Starting with fiscal Q3 2009, Microsoft's Weighted Average Shares Outstanding (Diluted) history includes 71 quarters.
- Annual Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of -0.4% (FY2021 to FY2026).
- Across earlier fiscal years, Weighted Average 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 Weighted Average Shares Outstanding (Diluted) has ranged from 7.45 billion in fiscal Q3 2026 to 7.56 billion in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined for seven consecutive quarters, with an average decline of 0.1% over the last eight quarters.
- Peak year-over-year performance for Weighted Average 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 (Q4 2026), 7.45 billion (Q3 2026) and 7.46 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 7.45 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 953.52 Mn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 99.28 Mn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | 357.13 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | 282.72 Mn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | 90.40 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 551.00 Mn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 292.18 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 125.70 Mn |
| 10 | Akamai Technologies | 12.01 Bn | 5.41 Bn | 613.75 Mn | 153.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.45 Bn |
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "MSFT", "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=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();