MedWellAI (MWAI) Shares Outstanding (Diluted) (2016 - 2026)
MedWellAI's Shares Outstanding (Diluted) came in at 6.24 million for fiscal Q3 2026 (quarter ended Mar 31, 2026), up 4.9% from 5.95 million a year earlier but down 0.7% from the prior quarter.
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Analysis
MedWellAI (MWAI) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
For FY2025 (ended Jun 30, 2025), MedWellAI's Shares Outstanding (Diluted) was 5.71 million, up 29.3% from FY2024.
- Shares Outstanding (Diluted) has increased in each of the last three fiscal years, though with a five-year compound annual growth rate of -41.1% (FY2020 to FY2025).
- Going back by fiscal year, Shares Outstanding (Diluted) was 4.41 million in FY2024 (+96.4%), 2.25 million in FY2023 (+36.9%), 1.64 million in FY2022 (-98.9%) and 154.41 million in FY2021 (+91.8%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 1.64 million (fiscal Q3 2022) to 285.53 million (fiscal Q1 2022).
- Year-over-year, Shares Outstanding (Diluted) has increased for four consecutive quarters, with growth averaging 22.8% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in fiscal Q3 2024 (growth of 681.5%), and the weakest in fiscal Q1 2023 (a decline of 99.4%).
- Business Quant data shows MWAI's Shares Outstanding (Diluted) at 6.28 million (Q2 2026), 6.19 million (Q1 2026) and 5.71 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 330.47 Bn | 215.10 Bn | 36.67 Bn | 906.00 Mn |
| 2 | Cvs Health | 108.89 Bn | 61.49 Bn | 47.23 Bn | 1.29 Bn |
| 3 | Mckesson | 104.86 Bn | 91.32 Bn | 3.69 Bn | 119.20 Mn |
| 4 | Elevance Health | 82.79 Bn | -58.96 Bn | 13.45 Bn | 217.90 Mn |
| 5 | Cigna | 70.83 Bn | 40.37 Bn | 14.97 Bn | 263.96 Mn |
| 6 | Cencora | 59.11 Bn | 48.20 Bn | 3.61 Bn | 193.94 Mn |
| 7 | Cardinal Health | 53.53 Bn | 37.53 Bn | 2.56 Bn | 237.00 Mn |
| 8 | Humana | 45.57 Bn | -42.23 Bn | 5.50 Bn | 121.14 Mn |
| 9 | Centene | 30.12 Bn | -60.16 Bn | 14.55 Bn | 497.64 Mn |
| 10 | MedWellAI | 1.96 Mn | 1.23 Mn | - | 6.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 6.24 Mn |
| Dec 31, 2025 | 6.28 Mn |
| Sep 30, 2025 | 6.19 Mn |
| Jun 30, 2025 | 5.71 Mn |
| Mar 31, 2025 | 5.95 Mn |
| Dec 31, 2024 | 5.32 Mn |
| Sep 30, 2024 | 5.08 Mn |
| Jun 30, 2024 | 4.41 Mn |
| Mar 31, 2024 | 18.30 Mn |
| Dec 31, 2023 | 4.23 Mn |
| Sep 30, 2023 | 3.31 Mn |
| Jun 30, 2023 | 2.25 Mn |
| Mar 31, 2023 | 2.34 Mn |
| Dec 31, 2022 | 2.00 Mn |
| Sep 30, 2022 | 1.64 Mn |
| Jun 30, 2022 | 1.64 Mn |
| Mar 31, 2022 | 1.64 Mn |
| Dec 31, 2021 | 205.01 Mn |
| Sep 30, 2021 | 285.53 Mn |
| Jun 30, 2021 | 154.41 Mn |
API Access
MedWellAI 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=MWAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "MWAI", "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=MWAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();