Dell Technologies shares outstanding DELL
Diluted shares outstanding, averaged over each quarter, from 2015.
- Latest quarter, to Jul 31, 2026
- 652M
- On a year earlier
- −5.0%
- fewer shares
Dell Technologies had 652M diluted shares outstanding on average in Q2 FY27, the quarter to Jul 31, 2026.
That is 5.0% 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 |
|---|---|---|
| FY2026 | 669M | −6% |
| FY2025 | 714M | −2% |
| FY2024 | 730M | −1% |
| FY2023 | 736M | −9% |
| FY2022 | 809M | +133% |
| FY2019 | 347.7M | −65% |
| FY2018 | 1B | +1038% |
| FY2017 | 88.1M | n/a |
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 |
|---|---|---|---|
| Q2 FY27 | 652M | −5% | |
| Q1 FY27 | 656M | −7% | |
| Q4 FY26 | 669M | −6% | |
| Q3 FY26 | 680M | −5% | |
| Q2 FY26 | 686M | −5% | |
| Q1 FY26 | 702M | −3% | |
| Q4 FY25 | 714M | −2% | |
| Q3 FY25 | 717M | −3% | |
| Q2 FY25 | 724M | −2% | |
| Q1 FY25 | 727M | −1% | |
| Q4 FY24 | 730M | −1% | |
| Q3 FY24 | 740M | −0% |
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 Dell Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.