At&T (T) Shares Outstanding (Diluted) (2009 - 2026)
At&T's Weighted Average Shares Outstanding (Diluted) was 6.84 billion in Q3 2026, down 4.5% from 7.17 billion a year earlier and down 1.5% from the prior quarter.
At&T (T) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Weighted Average Shares Outstanding (Diluted) at At&T came in at 7.18 billion, down 0.3% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has now declined for three consecutive years, with a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In earlier years, Weighted Average Shares Outstanding (Diluted) was 7.2 billion in FY2024 (-0.7%), 7.26 billion in FY2023 (-4.3%), 7.59 billion in FY2022 (+5.4%) and 7.2 billion in FY2021 (+0.2%).
- The Q3 2026 figure marks the lowest quarterly Weighted Average Shares Outstanding (Diluted) since Q4 2018.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) has declined for five straight quarters, with an average decline of 1.5% over the last eight quarters.
- The best year-over-year quarter for Weighted Average Shares Outstanding (Diluted) over five years was Q3 2022 (growth of 6.2%); the worst was Q3 2023 (a decline of 6.0%).
- Per Business Quant data, T's Weighted Average Shares Outstanding (Diluted) in the three quarters before Q3 2026 was 6.95 billion (Q2 2026), 7.03 billion (Q1 2026) and 7.18 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.25 Bn | 148.37 Bn | 27.03 Bn | 4.17 Bn |
| 2 | T-Mobile US | 158.63 Bn | 143.38 Bn | 14.76 Bn | 1.08 Bn |
| 3 | Grupo Televisa, S.A.B | 147.96 Bn | 139.70 Bn | 318.12 Mn | 68.12 Bn |
| 4 | At&T | 143.36 Bn | 84.83 Bn | 26.22 Bn | 6.84 Bn |
| 5 | Comcast | 80.87 Bn | 46.67 Bn | - | 3.56 Bn |
| 6 | Vodafone Group Public | 37.85 Bn | 7.25 Bn | - | 2.40 Bn |
| 7 | Chunghwa Telecom | 37.61 Bn | 29.62 Bn | 728.80 Mn | 777.60 Mn |
| 8 | EchoStar | 25.86 Bn | 16.95 Bn | 1.65 Bn | 351.62 Mn |
| 9 | Telefonica Brasil | 20.93 Bn | 14.95 Bn | 1.42 Bn | 1.61 Bn |
| 10 | Bce | 19.00 Bn | 17.12 Bn | 3.38 Bn | 929.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.84 Bn |
| Jun 30, 2026 | 6.95 Bn |
| Mar 31, 2026 | 7.03 Bn |
| Dec 31, 2025 | 7.18 Bn |
| Sep 30, 2025 | 7.17 Bn |
| Jun 30, 2025 | 7.22 Bn |
| Mar 31, 2025 | 7.22 Bn |
| Dec 31, 2024 | 7.20 Bn |
| Sep 30, 2024 | 7.21 Bn |
| Jun 30, 2024 | 7.20 Bn |
| Mar 31, 2024 | 7.19 Bn |
| Dec 31, 2023 | 7.26 Bn |
| Sep 30, 2023 | 7.19 Bn |
| Jun 30, 2023 | 7.18 Bn |
| Mar 31, 2023 | 7.47 Bn |
| Dec 31, 2022 | 7.59 Bn |
| Sep 30, 2022 | 7.65 Bn |
| Jun 30, 2022 | 7.61 Bn |
| Mar 31, 2022 | 7.56 Bn |
| Dec 31, 2021 | 7.20 Bn |
At&T 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=T&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "T", "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=T&period=max&api_key=YOUR_API_KEY");
const data = await res.json();