Diluted shares outstanding by calendar quarter, three long-running programmes
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-22, from How Companies Execute Buybacks: Rule 10b-18.
| quarter_date | aapl_shares_b | msft_shares_b | ko_shares_b |
|---|---|---|---|
| 2021-01-01 | 16.93 | 7.6 | 4.33 |
| 2021-04-01 | 16.78 | 7.61 | 4.34 |
| 2021-07-01 | 16.86 | 7.57 | 4.34 |
| 2021-10-01 | 16.52 | 7.56 | 4.34 |
| 2022-01-01 | 16.4 | 7.53 | 4.36 |
| 2022-04-01 | 16.26 | 7.54 | 4.35 |
| 2022-07-01 | 16.33 | 7.48 | 4.35 |
| 2022-10-01 | 15.96 | 7.47 | 4.35 |
| 2023-01-01 | 15.85 | 7.46 | 4.34 |
| 2023-04-01 | 15.78 | 7.47 | 4.34 |
| 2023-07-01 | 15.81 | 7.46 | 4.34 |
| 2023-10-01 | 15.58 | 7.47 | 4.34 |
| 2024-01-01 | 15.46 | 7.47 | 4.32 |
| 2024-04-01 | 15.35 | 7.47 | 4.32 |
| 2024-07-01 | 15.41 | 7.47 | 4.32 |
| 2024-10-01 | 15.15 | 7.47 | 4.32 |
| 2025-01-01 | 15.06 | 7.46 | 4.31 |
| 2025-04-01 | 14.95 | 7.46 | 4.32 |
| 2025-07-01 | 15 | 7.47 | 4.31 |
| 2025-10-01 | 14.81 | 7.46 | 4.31 |
- Rows × columns
- 20 × 4
- Period covered
- to
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
quarter_date |
date | 2021-01-01 to 2025-10-01 | |
aapl_shares_b |
number | 14.81 to 16.93 | count |
msft_shares_b |
number | 7.46 to 7.61 | count |
ko_shares_b |
number | 4.31 to 4.36 | count |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
the exact SQL behind every number
SELECT
toString(toStartOfQuarter(period_end - 15)) AS quarter_date,
round(toFloat64(maxIf(diluted_shares_outstanding, has(tickers, 'AAPL'))) / 1e9, 2) AS aapl_shares_b,
round(toFloat64(maxIf(diluted_shares_outstanding, has(tickers, 'MSFT'))) / 1e9, 2) AS msft_shares_b,
round(toFloat64(maxIf(diluted_shares_outstanding, has(tickers, 'KO'))) / 1e9, 2) AS ko_shares_b
FROM global_markets.stocks_income_statements
WHERE timeframe = 'quarterly'
AND hasAny(tickers, ['AAPL', 'MSFT', 'KO'])
AND period_end >= '2021-01-01'
AND diluted_shares_outstanding > 0
GROUP BY quarter_date
HAVING aapl_shares_b > 0 AND msft_shares_b > 0 AND ko_shares_b > 0
ORDER BY quarter_date
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