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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

Open the interactive chart, with overlays and comparisons

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26252.4K−4%
Q1 FY26260.4K−1%
Q3 FY25259.6K−7%
Q2 FY25261.8K−7%
Q1 FY25263.3K−7%
Q3 FY24279.9K−3%
Q2 FY24280.4K−4%
Q1 FY24283.8K−3%
Q3 FY23289K−1%
Q2 FY23291.6K−3%
Q1 FY23291.9K−4%
Q3 FY22293.3K−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.