SuperworthMerck shares outstanding MRK
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 2.5B
- On a year earlier
- −1.7%
- fewer shares
Merck had 2.5B diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 1.7% 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 | 2.5B | −2% |
| FY2024 | 2.5B | +0% |
| FY2023 | 2.5B | −1% |
| FY2022 | 2.5B | +1% |
| FY2021 | 2.5B | −0% |
| FY2020 | 2.5B | −1% |
| FY2019 | 2.6B | −3% |
| FY2018 | 2.6B | −3% |
| FY2017 | 2.7B | −2% |
| FY2016 | 2.8B | −2% |
| FY2015 | 2.8B | −2% |
| FY2014 | 2.9B | −3% |
| FY2013 | 3B | −4% |
| FY2012 | 3.1B | +0% |
| FY2011 | 3.1B | −0% |
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 FY26 | 2.5B | −2% | |
| Q1 FY26 | 2.5B | −2% | |
| Q4 FY25 | 2.5B | −2% | |
| Q3 FY25 | 2.5B | −2% | |
| Q2 FY25 | 2.5B | −1% | |
| Q1 FY25 | 2.5B | −1% | |
| Q4 FY24 | 2.5B | +0% | |
| Q3 FY24 | 2.5B | −0% | |
| Q2 FY24 | 2.5B | +0% | |
| Q1 FY24 | 2.5B | −0% | |
| Q4 FY23 | 2.5B | −1% | |
| Q3 FY23 | 2.5B | +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 Merck
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.