SuperworthNelnet shares outstanding NNI
Diluted shares outstanding, averaged over each quarter, from 2010.
- Latest quarter, to Jun 30, 2026
- 36M
- On a year earlier
- −1.2%
- fewer shares
Nelnet had 36M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 1.2% 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 | 36.1M | −1% |
| FY2024 | 36.5M | −2% |
| FY2023 | 37.4M | +0% |
| FY2022 | 37.3M | −3% |
| FY2021 | 38.4M | −1% |
| FY2020 | 38.6M | −3% |
| FY2019 | 39.9M | −2% |
| FY2018 | 40.8M | −0% |
| FY2017 | 41M | −3% |
| FY2016 | 42.3M | −6% |
| FY2015 | 44.8M | −3% |
| FY2014 | 46.4M | −0% |
| FY2013 | 46.5M | −2% |
| FY2012 | 47.3M | +0% |
| FY2011 | 47.1M | −3% |
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 | 36M | −1% | |
| Q1 FY26 | 36.1M | −1% | |
| Q4 FY25 | 36.1M | −1% | |
| Q3 FY25 | 36.3M | −0% | |
| Q2 FY25 | 36.5M | −0% | |
| Q1 FY25 | 36.5M | −2% | |
| Q4 FY24 | 36.5M | −2% | |
| Q3 FY24 | 36.4M | −3% | |
| Q2 FY24 | 36.5M | −3% | |
| Q1 FY24 | 37.2M | −1% | |
| Q4 FY23 | 37.4M | +0% | |
| Q3 FY23 | 37.5M | +0% |
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 Nelnet
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.