Palantir Technologies (PLTR) Shares Outstanding (Diluted) (2019 - 2026)
Palantir Technologies' Shares Outstanding (Diluted) was 2.57 billion in Q2 2026, up 0.2% from 2.56 billion a year earlier but down 0.1% from the prior quarter.
Palantir Technologies (PLTR) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
From Q3 2019 onward, Palantir Technologies has reported Shares Outstanding (Diluted) for 28 quarters.
- Shares Outstanding (Diluted) has now increased for seven consecutive years, with a five-year compound annual growth rate of 21.2% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 2.45 billion in FY2024 (+6.7%), 2.3 billion in FY2023 (+11.3%), 2.06 billion in FY2022 (+7.3%) and 1.92 billion in FY2021 (+96.4%).
- Quarterly Shares Outstanding (Diluted) has moved between 1.92 billion (Q4 2021) and 2.57 billion (Q3 2025) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for 24 straight quarters, with growth averaging 4.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 0.2% (Q2 2026) to 116.9% (Q3 2021).
- Per Business Quant data, PLTR's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 2.57 billion (Q1 2026), 2.57 billion (Q4 2025) and 2.57 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 2.57 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 3.00 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 1.18 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 821.00 Mn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 1.03 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 403.30 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 277.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 1.84 Bn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 352.53 Mn |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn | 246.31 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.57 Bn |
| Mar 31, 2026 | 2.57 Bn |
| Dec 31, 2025 | 2.57 Bn |
| Sep 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.56 Bn |
| Mar 31, 2025 | 2.55 Bn |
| Dec 31, 2024 | 2.45 Bn |
| Sep 30, 2024 | 2.46 Bn |
| Jun 30, 2024 | 2.41 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Dec 31, 2023 | 2.30 Bn |
| Sep 30, 2023 | 2.33 Bn |
| Jun 30, 2023 | 2.28 Bn |
| Mar 31, 2023 | 2.22 Bn |
| Dec 31, 2022 | 2.06 Bn |
| Sep 30, 2022 | 2.07 Bn |
| Jun 30, 2022 | 2.05 Bn |
| Mar 31, 2022 | 2.04 Bn |
| Dec 31, 2021 | 1.92 Bn |
| Sep 30, 2021 | 1.96 Bn |
Palantir Technologies 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=PLTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "PLTR", "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=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();