Arcutis Biotherapeutics (ARQT) Shares Outstanding (Diluted) (2019 - 2026)
Arcutis Biotherapeutics (ARQT) recorded Shares Outstanding (Diluted) of 135.9 million in Q2 2026, up 7.0% from 127 million a year earlier and up 5.1% from the prior quarter.
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Analysis
Arcutis Biotherapeutics (ARQT) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Arcutis Biotherapeutics reported Shares Outstanding (Diluted) of 127.23 million, up 5.2% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for five straight years, with a five-year compound annual growth rate of 29.0% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 120.96 million in FY2024 (+74.5%), 69.31 million in FY2023 (+25.9%), 55.03 million in FY2022 (+11.4%) and 49.41 million in FY2021 (+38.5%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2019.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for 21 consecutive quarters, with growth averaging 26.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 2.6% in Q1 2026 to 101.4% in Q3 2024.
- Per Business Quant, the preceding three quarters came in at 129.37 million (Q1 2026), 127.23 million (Q4 2025) and 132.89 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 2.44 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 1.77 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 2.47 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 1.96 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.56 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 544.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 1.24 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 5.70 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 255.20 Mn |
| 10 | Arcutis Biotherapeutics | 3.32 Bn | 2.60 Bn | 118.92 Mn | 135.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 135.90 Mn |
| Mar 31, 2026 | 129.37 Mn |
| Dec 31, 2025 | 127.23 Mn |
| Sep 30, 2025 | 132.89 Mn |
| Jun 30, 2025 | 127.00 Mn |
| Mar 31, 2025 | 126.04 Mn |
| Dec 31, 2024 | 120.96 Mn |
| Sep 30, 2024 | 124.30 Mn |
| Jun 30, 2024 | 123.48 Mn |
| Mar 31, 2024 | 111.05 Mn |
| Dec 31, 2023 | 69.31 Mn |
| Sep 30, 2023 | 61.73 Mn |
| Jun 30, 2023 | 61.43 Mn |
| Mar 31, 2023 | 61.17 Mn |
| Dec 31, 2022 | 55.03 Mn |
| Sep 30, 2022 | 57.09 Mn |
| Jun 30, 2022 | 51.42 Mn |
| Mar 31, 2022 | 50.51 Mn |
| Dec 31, 2021 | 49.41 Mn |
| Sep 30, 2021 | 50.10 Mn |
API Access
Arcutis Biotherapeutics 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=ARQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "ARQT", "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=ARQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();