Netlist (NLST) Shares Outstanding (Diluted) (2019 - 2026)
Netlist's Shares Outstanding (Diluted) came in at 370.75 million for Q2 2026, up 34.5% from 275.75 million a year earlier and up 8.8% from the prior quarter.
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Analysis
Netlist (NLST) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Netlist's Shares Outstanding (Diluted) was 286.64 million, up 10.3% from FY2024.
- Shares Outstanding (Diluted) has increased in each of the last four years, with a four-year compound annual growth rate of 6.2% (FY2021 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 259.9 million in FY2024 (+6.5%), 244.12 million in FY2023 (+5.5%), 231.49 million in FY2022 (+2.6%) and 225.59 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2019.
- Year-over-year, Shares Outstanding (Diluted) has increased for 15 consecutive quarters, with growth averaging 13.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 2.0% in Q1 2023 to 34.5% in Q2 2026.
- Business Quant data shows NLST's Shares Outstanding (Diluted) at 340.81 million (Q1 2026), 286.64 million (Q4 2025) and 292.56 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 6.01 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Netlist | 1.88 Bn | 1.79 Bn | 22.88 Mn | 370.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 370.75 Mn |
| Mar 28, 2026 | 340.81 Mn |
| Dec 27, 2025 | 286.64 Mn |
| Sep 27, 2025 | 292.56 Mn |
| Jun 28, 2025 | 275.75 Mn |
| Mar 29, 2025 | 272.38 Mn |
| Dec 28, 2024 | 259.90 Mn |
| Sep 28, 2024 | 258.03 Mn |
| Jun 29, 2024 | 256.57 Mn |
| Mar 30, 2024 | 254.93 Mn |
| Dec 30, 2023 | 244.12 Mn |
| Sep 30, 2023 | 247.42 Mn |
| Jul 1, 2023 | 240.38 Mn |
| Apr 1, 2023 | 235.12 Mn |
| Dec 31, 2022 | 231.49 Mn |
| Oct 1, 2022 | 231.74 Mn |
| Jul 2, 2022 | 231.30 Mn |
| Apr 2, 2022 | 230.55 Mn |
| Jan 1, 2022 | 225.59 Mn |
| Oct 2, 2021 | 224.02 Mn |
API Access
Netlist Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NLST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NLST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NLST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();