Birchtech (BCHT) Shares Outstanding (Diluted) (2018 - 2026)
Birchtech's Shares Outstanding (Diluted) was 26.31 million in Q2 2026, down 72.7% from 96.26 million a year earlier but up 20.8% from the prior quarter.
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Analysis
Birchtech (BCHT) Shares Outstanding (Diluted) (2018 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Birchtech came in at 19.32 million, down 79.7% from FY2024.
- Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -24.0% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 95.29 million in FY2024 (-2.2%), 97.45 million in FY2023 (+8.3%), 90.03 million in FY2022 (+17.9%) and 76.33 million in FY2021 (unchanged).
- Quarterly Shares Outstanding (Diluted) has moved between 19.32 million (Q4 2025) and 98 million (Q3 2025) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for three straight quarters, with an average decline of 28.0% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q3 2022 (growth of 22.5%); the worst was Q4 2025 (a decline of 79.7%).
- Per Business Quant data, BCHT's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 21.77 million (Q1 2026), 19.32 million (Q4 2025) and 98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 282.20 Mn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 236.60 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 245.80 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 29.14 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | 43.31 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 9.79 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 51.46 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | 34,188.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | 69.74 Mn |
| 10 | Birchtech | 27.04 Mn | -3.55 Mn | 1.03 Mn | 26.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.31 Mn |
| Mar 31, 2026 | 21.77 Mn |
| Dec 31, 2025 | 19.32 Mn |
| Sep 30, 2025 | 98.00 Mn |
| Jun 30, 2025 | 96.26 Mn |
| Mar 31, 2025 | 96.22 Mn |
| Dec 31, 2024 | 95.29 Mn |
| Sep 30, 2024 | 96.13 Mn |
| Jun 30, 2024 | 94.48 Mn |
| Mar 31, 2024 | 94.36 Mn |
| Dec 31, 2023 | 97.45 Mn |
| Sep 30, 2023 | 94.28 Mn |
| Jun 30, 2023 | 90.03 Mn |
| Mar 31, 2023 | 90.03 Mn |
| Dec 31, 2022 | 90.03 Mn |
| Sep 30, 2022 | 93.53 Mn |
| Jun 30, 2022 | 76.33 Mn |
| Mar 31, 2022 | 76.33 Mn |
| Dec 31, 2021 | 76.33 Mn |
| Sep 30, 2021 | 76.33 Mn |
API Access
Birchtech 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=BCHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "BCHT", "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=BCHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();