Walmart shares outstanding WMT
Diluted shares outstanding, averaged over each quarter, from 1994.
- Latest quarter, to Jul 31, 2026
- 8B
- On a year earlier
- −0.5%
- fewer shares
Walmart had 8B diluted shares outstanding on average in Q2 FY27, the quarter to Jul 31, 2026.
That is about the same as a year earlier.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 8B | −1% |
| FY2025 | 8.1B | −0% |
| FY2024 | 8.1B | −0% |
| FY2023 | 8.1B | −3% |
| FY2022 | 8.3B | −2% |
| FY2021 | 8.5B | −1% |
| FY2020 | 8.6B | −2% |
| FY2019 | 8.7B | −2% |
| FY2018 | 8.9B | −3% |
| FY2017 | 9.2B | −3% |
| FY2016 | 9.5B | −2% |
| FY2015 | 9.7B | −0% |
| FY2014 | 9.8B | −3% |
| FY2013 | 10.1B | −2% |
| FY2012 | 10.3B | −4% |
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 | 8B | −0% | |
| Q1 FY27 | 8B | −1% | |
| Q4 FY26 | 8B | −1% | |
| Q3 FY26 | 8B | −1% | |
| Q2 FY26 | 8B | −1% | |
| Q1 FY26 | 8.1B | −0% | |
| Q4 FY25 | 8.1B | −0% | |
| Q3 FY25 | 8.1B | −0% | |
| Q2 FY25 | 8.1B | −0% | |
| Q1 FY25 | 8.1B | −0% | |
| Q4 FY24 | 8.1B | −0% | |
| Q3 FY24 | 8.1B | −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 Walmart
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.