Apple shares outstanding AAPL
Diluted shares outstanding, averaged over each quarter, from 1996.
- Latest quarter, to Jun 27, 2026
- 14.7B
- On a year earlier
- −1.6%
- fewer shares
Apple had 14.7B diluted shares outstanding on average in Q3 FY26, the quarter to Jun 27, 2026.
That is 1.6% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 14.9B | −2% |
| FY2024 | 15.2B | −3% |
| FY2023 | 15.7B | −3% |
| FY2022 | 16.1B | −3% |
| FY2021 | 16.6B | −4% |
| FY2020 | 17.3B | −5% |
| FY2019 | 18.1B | −7% |
| FY2018 | 19.4B | −6% |
| FY2017 | 20.7B | −4% |
| FY2016 | 21.6B | −5% |
| FY2015 | 22.7B | −5% |
| FY2014 | 23.9B | −6% |
| FY2013 | 25.5B | −4% |
| FY2012 | 26.5B | +1% |
| FY2011 | 26.3B | +1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q3 FY26 | 14.7B | −2% | |
| Q2 FY26 | 14.7B | −2% | |
| Q1 FY26 | 14.8B | −2% | |
| Q4 FY25 | 14.9B | −2% | |
| Q3 FY25 | 14.9B | −3% | |
| Q2 FY25 | 15.1B | −3% | |
| Q1 FY25 | 15.2B | −3% | |
| Q4 FY24 | 15.2B | −3% | |
| Q3 FY24 | 15.3B | −3% | |
| Q2 FY24 | 15.5B | −2% | |
| Q1 FY24 | 15.6B | −2% | |
| Q4 FY23 | 15.7B | −3% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Apple
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.