News (NWSA) Shares Outstanding (Diluted) (2012 - 2026)
News' Shares Outstanding (Diluted) came in at 558.4 million for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 2.0% from 569.9 million a year earlier but up 0.5% from the prior quarter.
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Analysis
News (NWSA) Shares Outstanding (Diluted) (2012 - 2026) Analysis & Trends
Going back to fiscal Q1 2013, News' Shares Outstanding (Diluted) data covers 56 quarters.
- Shares Outstanding (Diluted) has declined in each of the last five fiscal years, with a five-year compound annual growth rate of -1.2% (FY2021 to FY2026).
- Going back by fiscal year, Shares Outstanding (Diluted) was 569.9 million in FY2025 (-0.6%), 573.5 million in FY2024 (-0.9%), 578.8 million in FY2023 (-2.3%) and 592.5 million in FY2022 (-0.2%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 555.7 million (fiscal Q3 2026) to 594.7 million (fiscal Q2 2022).
- Year-over-year, Shares Outstanding (Diluted) has declined for 18 consecutive quarters, with an average decline of 1.1% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in fiscal Q1 2022 (growth of 0.6%), and the weakest in fiscal Q2 2023 (a decline of 2.8%).
- Business Quant data shows NWSA's Shares Outstanding (Diluted) at 555.7 million (Q3 2026), 562 million (Q2 2026) and 566.9 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | 2.58 Bn |
| 2 | Fox | 26.41 Bn | 12.32 Bn | - | 439.00 Mn |
| 3 | Omnicom | 20.49 Bn | 3.19 Bn | 1.30 Bn | 281.00 Mn |
| 4 | News | 15.94 Bn | 8.13 Bn | - | 558.40 Mn |
| 5 | Paramount Skydance | 10.35 Bn | 8.27 Bn | - | 1.10 Bn |
| 6 | Pearson | 10.28 Bn | 7.42 Bn | - | 660.30 Mn |
| 7 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 163.04 Mn |
| 8 | Sirius Xm Holdings | 8.64 Bn | 8.22 Bn | 1.44 Bn | 342.00 Mn |
| 9 | 36Kr Holdings | 6.29 Bn | 6.23 Bn | - | 1.06 Bn |
| 10 | Wpp | 5.45 Bn | -6.36 Bn | - | 215.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 558.40 Mn |
| Mar 31, 2026 | 555.70 Mn |
| Dec 31, 2025 | 562.00 Mn |
| Sep 30, 2025 | 566.90 Mn |
| Jun 30, 2025 | 569.90 Mn |
| Mar 31, 2025 | 569.50 Mn |
| Dec 31, 2024 | 570.10 Mn |
| Sep 30, 2024 | 571.20 Mn |
| Jun 30, 2024 | 573.50 Mn |
| Mar 31, 2024 | 573.60 Mn |
| Dec 31, 2023 | 573.50 Mn |
| Sep 30, 2023 | 574.10 Mn |
| Jun 30, 2023 | 578.80 Mn |
| Mar 31, 2023 | 577.90 Mn |
| Dec 31, 2022 | 577.80 Mn |
| Sep 30, 2022 | 583.20 Mn |
| Jun 30, 2022 | 592.50 Mn |
| Mar 31, 2022 | 592.10 Mn |
| Dec 31, 2021 | 594.70 Mn |
| Sep 30, 2021 | 594.40 Mn |
API Access
News 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=NWSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NWSA", "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=NWSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();