Visa (V) Shares Outstanding (Diluted) (2009 - 2026)
Visa's Weighted Average Shares Outstanding (Diluted) was 1.9 billion in fiscal Q4 2026 (quarter ended Sep 30, 2026), down 3.5% from 1.97 billion a year earlier and unchanged from the prior quarter.
Visa (V) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
From fiscal Q2 2009 onward, Visa has reported Weighted Average Shares Outstanding (Diluted) for 71 quarters.
- Weighted Average Shares Outstanding (Diluted) has now declined for seven consecutive fiscal years, with a five-year compound annual growth rate of -2.8% (FY2021 to FY2026).
- In earlier fiscal years, Weighted Average Shares Outstanding (Diluted) was 1.97 billion in FY2025 (-3.1%), 2.03 billion in FY2024 (-2.7%), 2.09 billion in FY2023 (-2.4%) and 2.14 billion in FY2022 (-2.4%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has moved between 1.9 billion (fiscal Q3 2026) and 2.4 billion (fiscal Q2 2022) over five years.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) has declined for six straight quarters, with an average decline of 2.8% over the last eight quarters.
- The best year-over-year quarter for Weighted Average Shares Outstanding (Diluted) over five years was fiscal Q1 2024 (growth of 9.4%); the worst was fiscal Q2 2024 (a decline of 13.2%).
- Per Business Quant data, V's Weighted Average Shares Outstanding (Diluted) in the three fiscal quarters before Q4 2026 was 1.9 billion (Q3 2026), 2.05 billion (Q2 2026) and 2.07 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 691.47 Bn | 691.47 Bn | - | 1.90 Bn |
| 2 | Mastercard | 563.07 Bn | 563.07 Bn | - | 883.00 Mn |
| 3 | Wise | 10.86 Bn | 10.86 Bn | - | 1.03 Bn |
| 4 | Remitly Global | 5.06 Bn | 2.72 Bn | 307.34 Mn | 221.05 Mn |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | 313.60 Mn |
| 6 | International Money Express | 273.40 Mn | -346.75 Mn | - | 30.61 Mn |
| 7 | Currenc | 131.25 Mn | -120.04 Mn | 3.70 Mn | 61.47 Mn |
| 8 | Sentage Holdings | 4.77 Mn | 689,111.05 | - | 2.81 Mn |
| 9 | American Express | 214.16 Bn | 13.64 Bn | - | 674.00 Mn |
| 10 | Capital One Financial | 126.74 Bn | 126.74 Bn | - | 621.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.90 Bn |
| Jun 30, 2026 | 1.90 Bn |
| Mar 31, 2026 | 2.05 Bn |
| Dec 31, 2025 | 2.07 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.96 Bn |
| Mar 31, 2025 | 2.11 Bn |
| Dec 31, 2024 | 2.12 Bn |
| Sep 30, 2024 | 2.03 Bn |
| Jun 30, 2024 | 2.03 Bn |
| Mar 31, 2024 | 2.04 Bn |
| Dec 31, 2023 | 2.30 Bn |
| Sep 30, 2023 | 2.09 Bn |
| Jun 30, 2023 | 2.08 Bn |
| Mar 31, 2023 | 2.35 Bn |
| Dec 31, 2022 | 2.10 Bn |
| Sep 30, 2022 | 2.14 Bn |
| Jun 30, 2022 | 2.38 Bn |
| Mar 31, 2022 | 2.40 Bn |
| Dec 31, 2021 | 2.16 Bn |
Visa 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=V&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "V", "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=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();