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Medtronic shares outstanding MDT

Diluted shares outstanding, averaged over each quarter, from 2008.

Latest quarter, to Jul 31, 2026
1.3B
On a year earlier
−0.2%
fewer shares

Medtronic had 1.3B diluted shares outstanding on average in Q1 FY27, the quarter to Jul 31, 2026.

That is about the same as a year earlier.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY20261.3B+0%
FY20251.3B−3%
FY20241.3B−1%
FY20231.3B−1%
FY20221.3B−1%
FY20211.4B+1%
FY20201.3B−0%
FY20191.4B−1%
FY20181.4B−1%
FY20171.4B−2%
FY20161.4B−0%
FY20151.4B+40%
FY20141B−1%
FY20131B−2%
FY20121B−3%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q1 FY271.3B−0%
Q4 FY261.3B+0%
Q3 FY261.3B+0%
Q2 FY261.3B+0%
Q1 FY261.3B−1%
Q4 FY251.3B−3%
Q3 FY251.3B−3%
Q2 FY251.3B−3%
Q1 FY251.3B−3%
Q4 FY241.3B−1%
Q3 FY241.3B−0%
Q2 FY241.3B−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 Medtronic

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.