Kartoon Studios (TOON) Shares Outstanding (Diluted) (2021 - 2026)
Kartoon Studios' Shares Outstanding (Diluted) was 70.97 million in Q2 2026, up 48.5% from 47.81 million a year earlier and up 13.1% from the prior quarter.
Kartoon Studios (TOON) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Kartoon Studios came in at 50.23 million, up 30.8% from FY2024.
- Shares Outstanding (Diluted) has now increased for four consecutive years, with a four-year compound annual growth rate of 14.0% (FY2021 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 38.41 million in FY2024 (+14.1%), 33.67 million in FY2023 (+7.3%), 31.39 million in FY2022 (+5.5%) and 29.75 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Diluted) in data going back to Q1 2021.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for 18 straight quarters, with growth averaging 27.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 2.6% in Q2 2023 to 48.5% in Q2 2026.
- Per Business Quant data, TOON's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 62.74 million (Q1 2026), 50.23 million (Q4 2025) and 48.14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | 1.74 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | 524.42 Mn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | 291.60 Mn |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | 184.24 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | 65.75 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | 70.97 Mn |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 113.56 Mn |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | 2.11 Mn |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | 5.46 Mn |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 6.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.97 Mn |
| Mar 31, 2026 | 62.74 Mn |
| Dec 31, 2025 | 50.23 Mn |
| Sep 30, 2025 | 48.14 Mn |
| Jun 30, 2025 | 47.81 Mn |
| Mar 31, 2025 | 46.69 Mn |
| Dec 31, 2024 | 38.41 Mn |
| Sep 30, 2024 | 39.50 Mn |
| Jun 30, 2024 | 38.39 Mn |
| Mar 31, 2024 | 35.30 Mn |
| Dec 31, 2023 | 33.67 Mn |
| Sep 30, 2023 | 35.09 Mn |
| Jun 30, 2023 | 32.38 Mn |
| Mar 31, 2023 | 31.98 Mn |
| Dec 31, 2022 | 31.39 Mn |
| Sep 30, 2022 | 31.73 Mn |
| Jun 30, 2022 | 31.55 Mn |
| Mar 31, 2022 | 30.38 Mn |
| Dec 31, 2021 | 29.75 Mn |
| Sep 30, 2021 | 30.03 Mn |
Kartoon Studios 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=TOON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "TOON", "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=TOON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();