Xanadu Quantum Technologies (TSX:XNDU) Shares Outstanding (Basic Average): 72.46 Mil (As of Mar. 2026)


TSX:XNDU Xanadu Quantum Technologies Ltd TSX:XNDU
11 GF Score
Price C$15.84
! 1 Warning Sign
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What is Xanadu Quantum Technologies Shares Outstanding (Basic Average)?

Xanadu Quantum Technologies TSX:XNDU -8.17% 11 Shares Outstanding (Basic Average) is 72.46 Mil as of Mar. 2026. GuruFocus rates TSX:XNDU with a GF Score™ of 11/100. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Xanadu Quantum Technologies's average basic shares outstanding for the quarter that ended in Mar. 2026 was 72.46 Mil.

Xanadu Quantum Technologies  (TSX:XNDU) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Xanadu Quantum Technologies Shares Outstanding (Basic Average) Related Terms

Xanadu Quantum Technologies Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Xanadu Quantum Technologies's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xanadu Quantum Technologies Shares Outstanding (Basic Average) Chart

Xanadu Quantum Technologies Annual Data
Trend Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
297.99 297.99 297.99

Xanadu Quantum Technologies Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 297.99 297.99 297.99 297.99 72.46
TSX:XNDU
11GF Score
Xanadu Quantum Technologies Ltd TSX:XNDU
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Xanadu Quantum Technologies Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 72.46 Mil mean?
Xanadu Quantum Technologies (TSX:XNDU) has a Shares Outstanding (Basic Average) of 72.46 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Xanadu Quantum Technologies and its competitors.
Is Xanadu Quantum Technologies' Shares Outstanding (Basic Average) too high?
Xanadu Quantum Technologies' current Shares Outstanding (Basic Average) is 72.46 Mil. Overall, Xanadu Quantum Technologies has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Xanadu Quantum Technologies' Shares Outstanding (Basic Average) compare to MSFT and ORCL?
Xanadu Quantum Technologies' Shares Outstanding (Basic Average) of 72.46 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Software company?
A good Shares Outstanding (Basic Average) depends on the Software industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Xanadu Quantum Technologies and its competitors. Xanadu Quantum Technologies's current Shares Outstanding (Basic Average) is 72.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xanadu Quantum Technologies stock overvalued right now?
Xanadu Quantum Technologies (TSX:XNDU) has a current Shares Outstanding (Basic Average) of 72.46 Mil. The current Shares Outstanding (Basic Average) is 72.46 Mil. Xanadu Quantum Technologies' overall GF Score™ is 11/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Xanadu Quantum Technologies (TSX:XNDU), the current Shares Outstanding (Basic Average) is 72.46 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xanadu Quantum Technologies Business Description

Other Exchanges XNDU:USA6B4:Germany
Address 777 Bay Street, Suite 2400, Toronto, ON, CAN, M5G 2C8
Xanadu Quantum Technologies Ltd specializes in designing photonic devices and the platforms around them, including the experimentation and development of quantum computers available on the cloud with supporting software, along with quantum simulators and other related products and offerings. Its products include: Aurora, PennyLane, Catalyst, Lightning, Catalyst and PennyLane Codebook. The company operates in industries such as automotive, aerospace, energy, materials, and semiconductor sectors.
11GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$15.84
Price