Microsoft (MSFT) Shares Outstanding (Diluted) (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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();