Fermi shares outstanding FRMI
Diluted shares outstanding, averaged over each quarter, from 2025.
- Latest quarter, to Jun 30, 2026
- 637.3M
- On a year earlier
- +55.8%
- more shares
Fermi had 637.3M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 55.8% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 616.4M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 637.3M | +56% | |
| Q1 FY26 | 629.8M | +755% | |
| Q4 FY25 | 616.4M | n/a | |
| Q3 FY25 | 466.5M | n/a | |
| Q2 FY25 | 409M | n/a | |
| Q1 FY25 | 73.7M | n/a |
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 Fermi
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.