SuperworthNetflix shares outstanding NFLX
Diluted shares outstanding, averaged over each quarter, from 2001.
- Latest quarter, to Sep 30, 2026
- 4.2B
- On a year earlier
- −3.3%
- fewer shares
Netflix had 4.2B diluted shares outstanding on average in Q3 FY26, the quarter to Sep 30, 2026.
That is 3.3% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 4.3B | −1% |
| FY2024 | 4.4B | −1% |
| FY2023 | 4.4B | −2% |
| FY2022 | 4.5B | −1% |
| FY2021 | 4.6B | +0% |
| FY2020 | 4.6B | +1% |
| FY2019 | 4.5B | +0% |
| FY2018 | 4.5B | +1% |
| FY2017 | 4.5B | +2% |
| FY2016 | 4.4B | +0% |
| FY2015 | 4.4B | +1% |
| FY2014 | 4.3B | +1% |
| FY2013 | 4.3B | +4% |
| FY2012 | 4.1B | +7% |
| FY2011 | 3.9B | +2% |
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 |
|---|---|---|---|
| Q3 FY26 | 4.2B | −3% | |
| Q2 FY26 | 4.3B | −2% | |
| Q1 FY26 | 4.3B | −2% | |
| Q4 FY25 | 4.3B | −1% | |
| Q3 FY25 | 4.3B | −1% | |
| Q2 FY25 | 4.3B | −1% | |
| Q1 FY25 | 4.4B | −1% | |
| Q4 FY24 | 4.4B | −1% | |
| Q3 FY24 | 4.4B | −3% | |
| Q2 FY24 | 4.4B | −3% | |
| Q1 FY24 | 4.4B | −2% | |
| Q4 FY23 | 4.4B | −2% |
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 Netflix
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.