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Cross-sectional screen

Diluters: companies growing their share count

Share count up at least 2% a year, ranked
90 covered companies have grown their share count by at least 2% a year over three years, out of 480 with a full history. Ranked by the three-year rate. Issuance is not a verdict, but it is the number that decides what a per-share promise is worth.
Company3-yr rateYr 1Yr 2Yr 3Latest countBucket
IONQ
IonQ Inc
+23.4%+28.3%+38.7%+5.7%2026-07-29Heavy diluter
LCID
Lucid Group, Inc.
+20.0%+28.3%+32.5%+1.6%2026-07-29Heavy diluter
CIFR
Cipher Digital Inc
+18.3%+5.5%+19.6%+31.1%2026-08-03Heavy diluter
NTLA
Intellia Therapeutics, Inc.
+16.6%+30.5%+5.7%+14.8%2026-07-31Heavy diluter
OWL
Blue Owl Capital Inc
+14.4%+6.0%+22.6%+15.4%2026-06-30Heavy diluter
RIVN
Rivian Automotive Inc
+12.9%+12.2%+20.4%+6.6%2026-06-30Heavy diluter
BE
Bloom Energy Corp
+12.2%+25.9%+2.8%+9.1%2026-07-22Heavy diluter
OKE
Oneok Inc
+12.1%+0.1%+7.8%+30.5%2026-07-27Heavy diluter
HBAN
Huntington Bancshares Inc
+11.8%+38.5%+0.4%+0.3%2026-06-30Heavy diluter
WELL
Welltower Inc
+11.6%+7.8%+9.8%+17.4%2026-07-24Heavy diluter
QS
QuantumScape Corp
+11.5%+9.9%+12.1%+12.6%2026-06-30Heavy diluter
OSCR
Oscar Health Inc
+11.3%+18.3%+7.1%+8.8%2026-06-30Heavy diluter
SOFI
SoFi Technologies Inc
+10.8%+7.9%+12.3%+12.2%2026-07-31Heavy diluter
SITM
SiTime Corp
+10.6%+15.6%+12.4%+4.2%2026-08-01Heavy diluter
CVNA
Carvana Co
+10.6%+35.1%+0.0%+0.0%2026-06-30Heavy diluter
LITE
Lumentum Holdings Inc
+10.4%+28.3%+2.8%+1.9%2026-08-14Heavy diluter
AI
C3.ai, Inc.
+10.2%+14.5%+8.3%+8.0%2026-07-31Heavy diluter
O
Realty Income Corp
+10.1%+3.5%+5.0%+22.9%2026-07-30Heavy diluter
FITB
Fifth Third Bancorp
+10.0%+37.0%-2.2%-0.6%2026-07-31Heavy diluter
PANW
Palo Alto Networks Inc
+9.8%+22.3%+2.7%+5.5%2026-08-31Heavy diluter
DOCN
DigitalOcean Holdings Inc
+9.8%+29.2%-1.1%+3.6%2026-07-30Heavy diluter
MAC
Macerich Co
+9.6%+12.2%+17.0%+0.3%2026-08-03Heavy diluter
BA
Boeing Co
+9.4%+4.5%+22.7%+2.1%2026-07-21Heavy diluter
PL
Planet Labs PBC
+9.3%+18.2%+4.7%+5.6%2026-07-31Heavy diluter
COHR
Coherent Corp
+9.2%+25.7%+1.6%+1.9%2026-08-10Heavy diluter
SNPS
Synopsys Inc
+8.0%+3.2%+20.9%+1.0%2026-08-24Heavy diluter
NTRA
Natera Inc
+7.9%+5.0%+11.0%+7.9%2026-07-31Heavy diluter
CRDO
Credo Technology Group Holding Ltd
+7.8%+8.6%+4.2%+10.7%2026-08-25Heavy diluter
TSLA
Tesla Inc
+7.6%+22.4%+1.0%+0.7%2026-07-16Heavy diluter
SMCI
Super Micro Computer Inc
+7.5%+10.5%+1.5%+10.7%2026-07-31Heavy diluter
AVO
Mission Produce, Inc.
+7.4%+24.2%-0.4%+0.2%2026-09-01Heavy diluter
FSLY
Fastly Inc
+7.2%+8.1%+6.3%+7.3%2026-07-24Heavy diluter
PTON
Peloton Interactive Inc
+7.0%+8.9%+7.1%+5.0%2026-03-31Heavy diluter
APG
APi Group Corp
+6.9%+3.9%+0.9%+16.5%2026-07-23Heavy diluter
INTC
Intel Corp
+6.4%+15.2%+2.4%+2.1%2026-07-17Heavy diluter
CCL
Carnival Corp Ltd
+6.3%+15.2%+1.2%+3.1%2026-09-22Heavy diluter
FEIM
FREQUENCY ELECTRONICS INC
+6.3%+15.6%+1.9%+1.9%2026-09-08Heavy diluter
FROG
JFrog Ltd
+5.9%+5.6%+5.7%+6.4%2026-07-31Heavy diluter
HRI
Herc Holdings Inc
+5.7%+0.6%+17.1%+0.4%2026-07-24Heavy diluter
W
Wayfair Inc
+5.6%+3.1%+4.9%+8.9%2026-06-30Heavy diluter
BRZE
Braze Inc
+5.3%+6.3%+5.3%+4.4%2026-09-01Heavy diluter
RELY
Remitly Global Inc
+5.3%+2.7%+5.7%+7.7%2026-08-03Heavy diluter
S
SentinelOne Inc
+5.2%+3.2%+5.9%+6.6%2026-07-31Heavy diluter
DLR
Digital Realty Trust Inc
+5.1%+3.0%+4.2%+8.2%2026-04-29Heavy diluter
UPST
Upstart Holdings Inc
+5.1%+1.1%+7.5%+6.7%2026-07-28Heavy diluter
RBLX
Roblox Corp
+5.0%+3.0%+7.2%+4.9%2026-06-30Heavy diluter
AVGO
Broadcom Inc
+5.0%+1.1%+1.1%+13.2%2026-08-28Diluter
U
Unity Software Inc
+4.7%+4.2%+6.5%+3.5%2026-07-29Diluter
GH
Guardant Health Inc
+4.5%+7.6%+1.4%+4.5%2026-07-24Diluter
KEY
Keycorp
+4.5%-2.7%+16.3%+0.8%2026-07-31Diluter
NDAQ
Nasdaq Inc
+4.4%-2.6%-0.4%+17.2%2026-07-16Diluter
PI
Impinj Inc
+4.4%+5.0%+3.5%+4.7%2026-07-17Diluter
AFRM
Affirm Holdings Inc
+4.3%+4.0%+3.7%+5.2%2026-03-31Diluter
XEL
Xcel Energy Inc
+4.2%+5.6%+6.1%+1.1%2026-07-28Diluter
OXY
Occidental Petroleum Corp
+4.2%+1.5%+8.7%+2.4%2026-07-31Diluter
MDB
MongoDB Inc
+4.1%-1.0%+10.1%+3.5%2026-08-28Diluter
COIN
Coinbase Global Inc
+4.0%+3.4%+3.6%+5.0%2026-06-30Diluter
WDC
Western Digital Corp
+3.9%+3.9%+1.0%+6.7%2026-08-07Diluter
QSR
Restaurant Brands International Inc
+3.8%+6.5%+3.4%+1.5%2026-06-30Diluter
PLTR
Palantir Technologies Inc
+3.8%+1.3%+6.0%+4.1%2026-06-30Diluter
DASH
DoorDash Inc
+3.8%+2.2%+3.6%+5.6%2026-06-30Diluter
CNM
Core & Main Inc
+3.7%-1.7%-1.5%+15.2%2026-08-02Diluter
VIAV
Viavi Solutions Inc
+3.7%+10.5%+0.6%+0.2%2026-07-28Diluter
LMND
Lemonade Inc
+3.6%+4.8%+4.0%+1.9%2026-08-03Diluter
RUN
Sunrun Inc.
+3.5%+4.4%+3.2%+2.9%2026-07-31Diluter
ZS
Zscaler Inc
+3.5%+3.0%+3.8%+3.6%2026-08-27Diluter
SAFE
Safehold Inc.
+3.5%-1.3%+0.4%+11.7%2026-07-28Diluter
DDOG
Datadog Inc
+3.4%+2.9%+3.4%+4.0%2026-06-30Diluter
ORCL
Oracle Corp
+3.3%+6.4%+2.5%+1.1%2026-09-07Diluter
CEG
Constellation Energy Corp
+3.3%+13.4%-0.1%-2.8%2026-07-31Diluter
IOT
Samsara Inc
+3.2%+2.2%+3.2%+4.2%2026-08-01Diluter
GTLB
Gitlab Inc
+3.2%+1.7%+3.9%+3.9%2026-07-31Diluter
CELH
Celsius Holdings Inc
+3.1%-1.9%+10.7%+1.0%2026-07-31Diluter
ET
Energy Transfer LP
+3.1%+0.3%+0.3%+8.9%2026-07-31Diluter
STX
Seagate Technology Holdings Plc
+3.0%+6.6%+1.2%+1.4%2026-07-31Diluter
TOST
Toast Inc
+3.0%-0.3%+4.3%+5.1%2026-06-30Diluter
PUMP
ProPetro Holding Corp.
+2.9%+18.1%-0.2%-7.6%2026-07-24Diluter
SEDG
Solaredge Technologies Inc
+2.9%+3.6%+3.6%+1.3%2026-08-03Diluter
SYM
Symbotic Inc
+2.8%+2.4%+0.8%+5.3%2026-06-27Diluter
AXON
Axon Enterprise Inc
+2.8%+3.5%+3.9%+1.1%2026-07-31Diluter
ES
Eversource Energy
+2.6%+1.5%+3.8%+2.4%2026-07-31Diluter
CRWD
Crowdstrike Holdings Inc
+2.5%+2.0%+2.8%+2.6%2026-08-20Diluter
MTSI
MACOM Technology Solutions Holdings Inc
+2.5%+2.5%+3.2%+1.7%2026-08-03Diluter
OKTA
Okta Inc
+2.3%-0.7%+4.1%+3.6%2026-07-31Diluter
SNOW
Snowflake Inc
+2.3%+4.1%+1.1%+1.7%2026-08-21Diluter
PCOR
Procore Technologies Inc
+2.2%+1.2%+1.7%+3.7%2026-07-24Diluter
NET
Cloudflare Inc
+2.2%+2.0%+2.0%+2.5%2026-06-30Diluter
SPOT
Spotify Technology SA
+2.1%+1.0%+3.4%+2.0%2025-12-31Diluter
AEIS
Advanced Energy Industries Inc
+2.1%+6.2%+0.1%+0.1%2026-07-29Diluter
CGNT
Cognyte Software Ltd.
+2.0%+1.4%+1.5%+3.1%2026-01-31Diluter

Share counts are the company's own EDGAR cover-page and balance-sheet figures, split-adjusted, read as they were first filed; the latest count carries the filing lag (median count date 2026-09-30 data, built 2026-10-11). Names with a single-year change beyond 40% (spin-offs, re-domiciles, emergences, ADR ratio changes) are marked Structural and left off the ranking. In a house study of companies above $2B (2011 to 2026, monthly), persistent reducers ran about 1.5% a year ahead of sector-and-size-matched peers before costs, a lead that was not statistically significant, while persistent diluters trailed by 2 to 3% a year. That is a slow tilt at most, not a trading signal, and today's constituents overstate it.

Scores, kept-promise rates, and flags on this site reflect the author's opinion, applying a stated methodology to statements management made on public earnings calls. Informational and educational purposes only - not investment advice, a recommendation, or an offer to buy or sell any security. Sources believed reliable but not guaranteed; the author may hold positions in the securities discussed.