SuperworthStrategy shares outstanding MSTR
Diluted shares outstanding, averaged over each quarter, from 2010.
- Latest quarter, to Jun 30, 2026
- 352.5M
- On a year earlier
- +14.9%
- more shares
Strategy had 352.5M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 14.9% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 294M | +33% |
| FY2024 | 221.9M | −2% |
| FY2023 | 226.6M | +99% |
| FY2022 | 113.9M | +7% |
| FY2021 | 106.8M | +14% |
| FY2020 | 94.1M | −9% |
| FY2019 | 103M | −8% |
| FY2018 | 111.5M | −3% |
| FY2017 | 114.5M | −1% |
| FY2016 | 115.5M | −0% |
| FY2015 | 115.9M | +2% |
| FY2014 | 113.6M | +0% |
| FY2013 | 113M | +0% |
| FY2012 | 112.8M | +2% |
| FY2011 | 110.8M | −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 |
|---|---|---|---|
| Q2 FY26 | 352.5M | +15% | |
| Q1 FY26 | 333.9M | +30% | |
| Q4 FY25 | 294M | +33% | |
| Q3 FY25 | 315.4M | +60% | |
| Q2 FY25 | 306.8M | +72% | |
| Q1 FY25 | 256.5M | +49% | |
| Q4 FY24 | 221.9M | −2% | |
| Q3 FY24 | 197.3M | +39% | |
| Q2 FY24 | 178.6M | +11% | |
| Q1 FY24 | 171.9M | +18% | |
| Q4 FY23 | 226.6M | +99% | |
| Q3 FY23 | 142.2M | +26% |
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 Strategy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.