Co-Diagnostics (CODX) Shares Outstanding (2016 - 2026)
Co-Diagnostics (CODX) posted Weighted Average Shares Outstanding of 6.27 million for Q3 2026, down 83.4% from 37.89 million a year earlier but up 45.5% from the prior quarter.
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Analysis
Co-Diagnostics (CODX) Shares Outstanding (2016 - 2026) Analysis & Trends
For FY2025, Co-Diagnostics' Weighted Average Shares Outstanding came in at 1.33 million, down 95.6% from FY2024.
- Annual Weighted Average Shares Outstanding shows a five-year compound annual growth rate of -45.1% (FY2020 to FY2025).
- In prior years, Co-Diagnostics' Weighted Average Shares Outstanding was 30.34 million in FY2024 (+3.4%), 29.35 million in FY2023 (-6.8%), 31.48 million in FY2022 (+9.0%) and 28.87 million in FY2021 (+8.1%).
- Quarterly Weighted Average Shares Outstanding has run from a low of 1.33 million in Q4 2025 to a high of 37.89 million in Q3 2025 over five years.
- On a year-over-year basis, Weighted Average Shares Outstanding has declined in each of the last four quarters, with an average decline of 39.3% over the last eight quarters.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding in the past five years was Q3 2025, with growth of 24.3%; the weakest was Q4 2025, with a decline of 95.6%.
- According to Business Quant data, Weighted Average Shares Outstanding for the three prior quarters was 4.31 million (Q2 2026), 2.25 million (Q1 2026) and 1.33 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 370.00 Mn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 1.73 Bn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 703.80 Mn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 349.00 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 1.28 Bn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 382.20 Mn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 1.45 Bn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 576.30 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 876.47 Mn |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 | 6.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.27 Mn |
| Jun 30, 2026 | 4.31 Mn |
| Mar 31, 2026 | 2.25 Mn |
| Dec 31, 2025 | 1.33 Mn |
| Sep 30, 2025 | 37.89 Mn |
| Jun 30, 2025 | 33.11 Mn |
| Mar 31, 2025 | 32.05 Mn |
| Dec 31, 2024 | 30.34 Mn |
| Sep 30, 2024 | 30.49 Mn |
| Jun 30, 2024 | 30.12 Mn |
| Mar 31, 2024 | 29.84 Mn |
| Dec 31, 2023 | 29.35 Mn |
| Sep 30, 2023 | 29.36 Mn |
| Jun 30, 2023 | 29.09 Mn |
| Mar 31, 2023 | 29.48 Mn |
| Dec 31, 2022 | 31.48 Mn |
| Sep 30, 2022 | 31.32 Mn |
| Jun 30, 2022 | 32.47 Mn |
| Mar 31, 2022 | 33.94 Mn |
| Dec 31, 2021 | 28.87 Mn |
API Access
Co-Diagnostics Shares Outstanding 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&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "CODX", "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&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();