BullFrog AI Holdings (BFRG) Shares Outstanding (2021 - 2025)
BullFrog AI Holdings' (BFRG) quarterly Shares Outstanding (Entity) came in at $11.4 million in Q4 2025, up 25.29% YoY from $9.1 million in Q4 2024, and up 9.61% on a QoQ basis from $10.4 million in Q3 2025.
BullFrog AI Holdings (BFRG) Shares Outstanding (2021 - 2025) Analysis & Trends
BullFrog AI Holdings (BFRG) has 5 years of Shares Outstanding (Entity) data on file, last reported at $11.4 million in Q4 2025.
- Quarterly Shares Outstanding (Entity) rose 25.29% year-over-year to $11.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $11.4 million (up 25.29% YoY) and the FY2025 annual result came in at $11.4 million, up 25.29% from the prior year.
- Shares Outstanding (Entity) improved to $11.4 million in Q4 2025, from $10.4 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $11.4 million in Q4 2025 to a low of $4.0 million in Q4 2022.
- A 5-year average of $7.1 million and a median of $6.1 million in 2023 frame the typical range for Shares Outstanding (Entity).
- Annual changes were most pronounced in 2022 — Shares Outstanding (Entity) decreased 13.0% — and 2023, when it soared 51.54%.
- Tracing BFRG's Shares Outstanding (Entity) over 5 years: stood at $4.6 million in 2021, then dropped by 13.0% to $4.0 million in 2022, then jumped by 51.54% to $6.1 million in 2023, then soared by 49.53% to $9.1 million in 2024, then climbed by 25.29% to $11.4 million in 2025.
- The last three Shares Outstanding (Entity) figures came in at $11.4 million (Q4 2025), $10.4 million (Q3 2025), and $9.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 163.35 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 206.04 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 84.41 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 129.98 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 78.97 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 256.60 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 191.87 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 182.57 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 86.40 Mn |
| 10 | BullFrog AI Holdings | 6.51 Mn | 4.22 Mn | - | 10.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.34 Mn |
| Sep 30, 2025 | 10.38 Mn |
| Jun 30, 2025 | 9.71 Mn |
| Mar 31, 2025 | 9.69 Mn |
| Dec 31, 2024 | 8.25 Mn |
| Sep 30, 2024 | 8.12 Mn |
| Jun 30, 2024 | 8.12 Mn |
| Mar 31, 2024 | 7.39 Mn |
| Dec 31, 2023 | 6.05 Mn |
| Sep 30, 2023 | 6.09 Mn |
| Jun 30, 2023 | 6.06 Mn |
| Mar 31, 2023 | 4.84 Mn |
| Dec 31, 2022 | 4.01 Mn |
| Sep 30, 2022 | 4.75 Mn |
| Jun 30, 2022 | 4.63 Mn |
| Mar 31, 2022 | 4.62 Mn |
| Dec 31, 2021 | 4.12 Mn |