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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 .

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 yearPeriod endedReportedShares OutstandingYoY
20257.18B-0.3%
20247.20B-0.7%
20237.26B-4.3%
20227.59B+1.1%
20217.50B+4.5%
20207.18B-2.2%
20197.35B+8.0%
20186.81B+10.1%
20176.18B-0.1%
20166.19B+9.6%
20155.65B+8.1%
20145.22B-3.0%
20135.38B-7.5%
20125.82B-2.2%
20115.95B+0.2%
20105.94B+0.2%
20095.92B-0.6%
20085.96B-3.4%
20076.17B+58.1%
20063.90B+15.5%
20053.38B+1.7%
20043.32B-0.2%
20033.33B-0.6%
20023.35B-1.4%
20013.40B-1.1%
20003.43B-0.7%
19993.46B+0.2%
19983.45B+87.4%
19971.84B-6.4%
19961.97B+6.4%
19951.85B+53.8%
19941.20B+0.2%
19931.20B-0.1%
19921.20B+0.7%
19911.19B-0.4%
19901.20B-0.3%
19891.20B+4.3%
19881.15B-4.4%
19871.20B+1.2%
19861.19B+0.3%
19851.19B

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.

CompanyShares OutstandingSector
Alphabet Inc. (GOOGL)12.23BCommunication Services
Netflix, Inc. (NFLX)4.32BCommunication Services
Verizon Communications Inc. (VZ)4.23BCommunication Services
Comcast Corporation (CMCSA)3.64BCommunication Services
Meta Platforms, Inc. (META)2.57BCommunication Services
The Walt Disney Company (DIS)1.81BCommunication Services
T-Mobile US, Inc. (TMUS)1.13BCommunication Services
Spotify Technology S.A. (SPOT)210.51MCommunication 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.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.