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Latest period

568M

YoY change

-0.5%

5Y CAGR

+2.9%

Peak year (FY2009)

645M

Shares Outstanding history chart for Nasdaq (NDAQ) from 2016 to 2025

Latest: 577M

Shares Outstanding growth chart for Nasdaq (NDAQ) from 2016 to 2025

Latest: -0.5%

Shares Outstanding history table for Nasdaq (NDAQ) from 1998 to 2025

  • FY2025577M-0.5%
  • FY2024579M+13.9%
  • FY2023508M+2.1%
  • FY2022498M-1.4%
  • FY2021505M+0.9%
  • FY2020501M-0.0%
  • FY2019501M-0.4%
  • FY2018503M-1.1%
  • FY2017509M+0.5%
  • FY2016506M-1.5%
  • FY2015514M-1.0%
  • FY2014519M+1.0%
  • FY2013514M-0.8%
  • FY2012518M-4.1%
  • FY2011540M-13.0%
  • FY2010621M-3.7%
  • FY2009645M+5.1%
  • FY2008614M+36.5%
  • FY2007449M+17.3%
  • FY2006383M+32.1%
  • FY2005290M+5.9%
  • FY2004274M+16.4%
  • FY2003235M-6.0%
  • FY2002250M-31.7%
  • FY2001366M+10.0%
  • FY2000333M+10.8%
  • FY1999301M+0.3%
  • FY1998300M

Shares Outstanding values are taken from Nasdaq's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Shares Outstanding at Nasdaq (NDAQ)

According to Nasdaq's latest reported financial statements, the company's latest reported diluted shares outstanding is 568M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Nasdaq (NDAQ) diluted shares outstanding is 577M – edged down 0.5% year-over-year.

Nasdaq diluted shares outstanding has grown on net over the period, with a +2.9% compound annual growth rate over 2020–2025 (5 years).

Nasdaq diluted shares outstanding declined from 645M in 2009 to 577M in 2025, a 10.6% drawdown.

2009 marks the peak diluted shares outstanding at 645M, with the historical low of 235M recorded in 2003.

Nasdaq Shares Outstanding by Year

Nasdaq Shares Outstanding 2025: 577M

Nasdaq posted diluted shares outstanding of 577M in 2025, edged down 0.5% below 2024.

Nasdaq Shares Outstanding 2024: 579M

In 2024, Nasdaq reported diluted shares outstanding of 579M, grew 13.9% from 2023.

Nasdaq Shares Outstanding 2023: 508M

Nasdaq diluted shares outstanding in 2023 was 508M, edged up 2.1% from 2022.

Nasdaq Shares Outstanding 2022: 498M

2022's diluted shares outstanding for Nasdaq came in at 498M, edged down 1.4% below 2021.

Nasdaq Shares Outstanding 2021: 505M

Nasdaq diluted shares outstanding in 2021 was 505M.

See more financial history for Nasdaq (NDAQ).

Sector peers by Shares Outstanding

Financial Services peers of Nasdaq (NDAQ), ranked by their latest diluted shares outstanding

Frequently asked questions