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NI shares outstanding NODK

Diluted shares outstanding, averaged over each quarter, from 2017.

Latest quarter, to Jun 30, 2026
20.9M
On a year earlier
−0.8%
fewer shares

NI had 20.9M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 0.8% 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

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202520.9M−1%
FY202421.1M+1%
FY202321M−1%
FY202221.3M−2%
FY202121.6M−0%
FY202021.7M−3%
FY201922.3M−0%
FY201822.4M+0%
FY201722.3Mn/a

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY2620.9M−1%
Q1 FY2620.9M−1%
Q4 FY2520.9M−1%
Q3 FY2521M+0%
Q2 FY2521M+0%
Q1 FY2521.1M+0%
Q4 FY2421.1M+1%
Q3 FY2421M−1%
Q2 FY2421M−1%
Q1 FY2421M−2%
Q4 FY2321M−1%
Q3 FY2321.2M−1%

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 NI

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.