Shares Outstanding for Cisco (CSCO)
According to Cisco's latest reported financial statements, the company's latest reported diluted shares outstanding is 3.99B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CSCO
Currently viewingShares OutstandingSwitch metric
Latest period
3.99B
YoY change
-1.6%
5Y CAGR
-1.2%
Peak year (2002)
7.45B
Latest annual
4.00B
Shares Outstanding history chart for Cisco (CSCO) from 1988 to 2025
Shares Outstanding history table for Cisco (CSCO) from 1988 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 4.00B | -1.6% | ||
| 2024 | 4.06B | -1.0% | ||
| 2023 | 4.11B | -2.1% | ||
| 2022 | 4.19B | -1.0% | ||
| 2021 | 4.24B | -0.4% | ||
| 2020 | 4.25B | -4.5% | ||
| 2019 | 4.45B | -8.8% | ||
| 2018 | 4.88B | -3.3% | ||
| 2017 | 5.05B | -0.8% | ||
| 2016 | 5.09B | -1.1% | ||
| 2015 | 5.15B | -2.6% | ||
| 2014 | 5.28B | -1.8% | ||
| 2013 | 5.38B | -0.4% | ||
| 2012 | 5.40B | -2.9% | ||
| 2011 | 5.56B | -4.9% | ||
| 2010 | 5.85B | -0.2% | ||
| 2009 | 5.86B | -5.0% | ||
| 2008 | 6.16B | -1.6% | ||
| 2007 | 6.26B | -0.1% | ||
| 2006 | 6.27B | -5.1% | ||
| 2005 | 6.61B | -6.3% | ||
| 2004 | 7.06B | -2.3% | ||
| 2003 | 7.22B | -3.0% | ||
| 2002 | 7.45B | +3.5% | ||
| 2001 | 7.20B | -3.3% | ||
| 2000 | 7.44B | +5.3% | ||
| 1999 | 7.06B | +6.1% | ||
| 1998 | 6.66B | +6.4% | ||
| 1997 | 6.26B | +5.0% | ||
| 1996 | 5.96B | +110.0% | ||
| 1995 | 2.84B | -47.1% | ||
| 1994 | 5.37B | +15.5% | ||
| 1993 | 4.65B | +10.1% | ||
| 1992 | 4.22B | -2.3% | ||
| 1991 | 4.32B | +12.2% | ||
| 1990 | 3.85B | 0.0% | ||
| 1989 | 3.85B | +9528.3% | ||
| 1988 | 40.00M | — |
Shares Outstanding values are taken from Cisco's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Cisco (CSCO) diluted shares outstanding totalled 4.00B – edged down 1.6% year-over-year.
Cisco diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -1.2%, with a net decline across the window.
Cisco diluted shares outstanding peaked at 7.45B in 2002; the latest annual figure is 4.00B in 2025 (46.3% below peak).
The dataset's maximum diluted shares outstanding sits at 7.45B (2002); the minimum reading of 40.00M dates to 1988.
Within Technology, Cisco (CSCO) ranks 6th among 8 peers we track. The peer median for diluted shares outstanding is 5.02B.
Cisco Shares Outstanding by Year
Cisco Shares Outstanding 2025: 4.00B
Cisco diluted shares outstanding in 2025 was 4.00B, edged down 1.6% below 2024.
Cisco Shares Outstanding 2024: 4.06B
Cisco diluted shares outstanding in 2024 was 4.06B, edged down 1.0% below 2023.
Cisco Shares Outstanding 2023: 4.11B
Cisco diluted shares outstanding in 2023 was 4.11B, edged down 2.1% below 2022.
Cisco Shares Outstanding 2022: 4.19B
Cisco diluted shares outstanding in 2022 was 4.19B, edged down 1.0% below 2021.
Cisco Shares Outstanding 2021: 4.24B
Cisco diluted shares outstanding in 2021 was 4.24B.
See more financial history for Cisco (CSCO).
Sector peers — Shares Outstanding
Companies in the same sector as Cisco, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | 24.43B | Technology |
| Apple Inc. (AAPL) | 15.00B | Technology |
| Microsoft Corporation (MSFT) | 7.46B | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | 5.19B | Technology |
| Broadcom Inc. (AVGO) | 4.85B | Technology |
| Advanced Micro Devices, Inc. (AMD) | 1.64B | Technology |
| Micron Technology, Inc. (MU) | 1.13B | Technology |
| ASML Holding N.V. (ASML) | 388.90M | Technology |
Frequently asked questions
What is Cisco's diluted shares outstanding?
- Latest reported diluted shares outstanding for Cisco (CSCO) is 3.99B (period ending January 24, 2026).
How has Cisco diluted shares outstanding changed year-over-year?
- Cisco (CSCO) diluted shares outstanding changed -1.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Cisco diluted shares outstanding?
- Cisco (CSCO) diluted shares outstanding compound annual growth rate is -1.2% over the most recent 5 years available.
When did Cisco diluted shares outstanding hit its highest annual value?
- Cisco diluted shares outstanding reached its highest annual value of 7.45B in 2002.
What was Cisco diluted shares outstanding in 2024?
- Cisco (CSCO) diluted shares outstanding in 2024 was 4.06B.
What was Cisco diluted shares outstanding in 2025?
- Cisco (CSCO) diluted shares outstanding in 2025 was 4.00B.
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