Shares Outstanding for AT&T (T)
According to AT&T's latest reported financial statements, the company's latest reported diluted shares outstanding is 7.03B. 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 .

T
Currently viewingShares OutstandingSwitch metric
Latest period
7.03B
YoY change
-0.3%
5Y CAGR
-0.0%
Peak year (2022)
7.59B
Latest annual
7.18B
Shares Outstanding history chart for AT&T (T) from 1985 to 2025
Shares Outstanding history table for AT&T (T) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 7.18B | -0.3% | ||
| 2024 | 7.20B | -0.7% | ||
| 2023 | 7.26B | -4.3% | ||
| 2022 | 7.59B | +1.1% | ||
| 2021 | 7.50B | +4.5% | ||
| 2020 | 7.18B | -2.2% | ||
| 2019 | 7.35B | +8.0% | ||
| 2018 | 6.81B | +10.1% | ||
| 2017 | 6.18B | -0.1% | ||
| 2016 | 6.19B | +9.6% | ||
| 2015 | 5.65B | +8.1% | ||
| 2014 | 5.22B | -3.0% | ||
| 2013 | 5.38B | -7.5% | ||
| 2012 | 5.82B | -2.2% | ||
| 2011 | 5.95B | +0.2% | ||
| 2010 | 5.94B | +0.2% | ||
| 2009 | 5.92B | -0.6% | ||
| 2008 | 5.96B | -3.4% | ||
| 2007 | 6.17B | +58.1% | ||
| 2006 | 3.90B | +15.5% | ||
| 2005 | 3.38B | +1.7% | ||
| 2004 | 3.32B | -0.2% | ||
| 2003 | 3.33B | -0.6% | ||
| 2002 | 3.35B | -1.4% | ||
| 2001 | 3.40B | -1.1% | ||
| 2000 | 3.43B | -0.7% | ||
| 1999 | 3.46B | +0.2% | ||
| 1998 | 3.45B | +87.4% | ||
| 1997 | 1.84B | -6.4% | ||
| 1996 | 1.97B | +6.4% | ||
| 1995 | 1.85B | +53.8% | ||
| 1994 | 1.20B | +0.2% | ||
| 1993 | 1.20B | -0.1% | ||
| 1992 | 1.20B | +0.7% | ||
| 1991 | 1.19B | -0.4% | ||
| 1990 | 1.20B | -0.3% | ||
| 1989 | 1.20B | +4.3% | ||
| 1988 | 1.15B | -4.4% | ||
| 1987 | 1.20B | +1.2% | ||
| 1986 | 1.19B | +0.3% | ||
| 1985 | 1.19B | — |
Shares Outstanding values are taken from AT&T'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
AT&T (T) most recent annual diluted shares outstanding stands at 7.18B (2025) – edged down 0.3% year-over-year.
AT&T diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -0.0%, with a net decline across the window.
AT&T diluted shares outstanding peaked at 7.59B in 2022; the latest annual figure is 7.18B in 2025 (5.4% below peak).
Across the available history, diluted shares outstanding reached its high of 7.59B in 2022 and its low of 1.15B in 1988.
Within Communication Services, AT&T (T) ranks 2nd among 8 peers we track. The peer median for diluted shares outstanding is 3.10B.
AT&T Shares Outstanding by Year
AT&T Shares Outstanding 2025: 7.18B
AT&T diluted shares outstanding in 2025 was 7.18B, edged down 0.3% below 2024.
AT&T Shares Outstanding 2024: 7.20B
AT&T diluted shares outstanding in 2024 was 7.20B, edged down 0.7% below 2023.
AT&T Shares Outstanding 2023: 7.26B
AT&T diluted shares outstanding in 2023 was 7.26B, edged down 4.3% below 2022.
AT&T Shares Outstanding 2022: 7.59B
AT&T diluted shares outstanding in 2022 was 7.59B, edged up 1.1% from 2021. This figure represents the highest annual value in the available history.
AT&T Shares Outstanding 2021: 7.50B
AT&T diluted shares outstanding in 2021 was 7.50B.
See more financial history for AT&T (T).
Sector peers — Shares Outstanding
Companies in the same sector as AT&T, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | 12.23B | Communication Services |
| Netflix, Inc. (NFLX) | 4.32B | Communication Services |
| Verizon Communications Inc. (VZ) | 4.23B | Communication Services |
| Comcast Corporation (CMCSA) | 3.64B | Communication Services |
| Meta Platforms, Inc. (META) | 2.57B | Communication Services |
| The Walt Disney Company (DIS) | 1.81B | Communication Services |
| T-Mobile US, Inc. (TMUS) | 1.13B | Communication Services |
| Spotify Technology S.A. (SPOT) | 210.51M | Communication Services |
Frequently asked questions
What is AT&T's diluted shares outstanding?
- Latest reported diluted shares outstanding for AT&T (T) is 7.03B (period ending March 31, 2026).
How has AT&T diluted shares outstanding changed year-over-year?
- AT&T (T) diluted shares outstanding changed -0.3% year-over-year on the latest annual filing.
What is the long-term growth rate of AT&T diluted shares outstanding?
- AT&T (T) diluted shares outstanding compound annual growth rate is -0.0% over the most recent 5 years available.
When did AT&T diluted shares outstanding hit its highest annual value?
- AT&T diluted shares outstanding reached its highest annual value of 7.59B in 2022.
What was AT&T diluted shares outstanding in 2024?
- AT&T (T) diluted shares outstanding in 2024 was 7.20B.
What was AT&T diluted shares outstanding in 2025?
- AT&T (T) diluted shares outstanding in 2025 was 7.18B.
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