Verizon Communications (VZ) Shares Outstanding (2009 - 2026)
Verizon Communications (VZ) posted Weighted Average Shares Outstanding of 4.17 billion for Q3 2026, down 1.4% from 4.23 billion a year earlier and unchanged from the prior quarter.
Verizon Communications (VZ) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Verizon Communications' Weighted Average Shares Outstanding came in at 4.23 billion, up 0.2% from FY2024.
- Annual Weighted Average Shares Outstanding has increased for five consecutive years, with a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- In prior years, Verizon Communications' Weighted Average Shares Outstanding was 4.22 billion in FY2024 (+0.2%), 4.21 billion in FY2023 (+0.2%), 4.2 billion in FY2022 (+1.3%) and 4.15 billion in FY2021 (+0.2%).
- Quarterly Weighted Average Shares Outstanding has run from a low of 4.15 billion in Q4 2021 to a high of 4.23 billion in Q3 2025 over five years.
- On a year-over-year basis, Weighted Average Shares Outstanding has declined in each of the last three quarters, with an average decline of 0.3% over the last eight quarters.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding in the past five years was Q2 2022, with growth of 1.4%; the weakest was Q3 2026, with a decline of 1.4%.
- According to Business Quant data, Weighted Average Shares Outstanding for the three prior quarters was 4.17 billion (Q2 2026), 4.21 billion (Q1 2026) and 4.23 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 4.16 Bn |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 1.07 Bn |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 6.84 Bn |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | 62.70 Bn |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | 3.55 Bn |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 775.70 Mn |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | 2.40 Bn |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 290.72 Mn |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 929.10 Mn |
| 10 | Telefonica Brasil | 19.21 Bn | 13.23 Bn | 1.42 Bn | 1.61 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.16 Bn |
| Jun 30, 2026 | 4.17 Bn |
| Mar 31, 2026 | 4.21 Bn |
| Dec 31, 2025 | 4.23 Bn |
| Sep 30, 2025 | 4.23 Bn |
| Jun 30, 2025 | 4.22 Bn |
| Mar 31, 2025 | 4.22 Bn |
| Dec 31, 2024 | 4.22 Bn |
| Sep 30, 2024 | 4.22 Bn |
| Jun 30, 2024 | 4.22 Bn |
| Mar 31, 2024 | 4.22 Bn |
| Dec 31, 2023 | 4.21 Bn |
| Sep 30, 2023 | 4.21 Bn |
| Jun 30, 2023 | 4.21 Bn |
| Mar 31, 2023 | 4.21 Bn |
| Dec 31, 2022 | 4.20 Bn |
| Sep 30, 2022 | 4.20 Bn |
| Jun 30, 2022 | 4.20 Bn |
| Mar 31, 2022 | 4.20 Bn |
| Dec 31, 2021 | 4.15 Bn |
Verizon Communications Shares Outstanding 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&ticker=VZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "VZ", "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&ticker=VZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();