Biglari shares outstanding BH-A
Diluted shares outstanding, averaged over each quarter, from 2020.
- Latest quarter, to Jun 30, 2026
- 252.4K
- On a year earlier
- −3.6%
- fewer shares
Biglari had 252.4K diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 3.6% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 252.4K | −4% | |
| Q1 FY26 | 260.4K | −1% | |
| Q3 FY25 | 259.6K | −7% | |
| Q2 FY25 | 261.8K | −7% | |
| Q1 FY25 | 263.3K | −7% | |
| Q3 FY24 | 279.9K | −3% | |
| Q2 FY24 | 280.4K | −4% | |
| Q1 FY24 | 283.8K | −3% | |
| Q3 FY23 | 289K | −1% | |
| Q2 FY23 | 291.6K | −3% | |
| Q1 FY23 | 291.9K | −4% | |
| Q3 FY22 | 293.3K | −7% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Biglari
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.