Forte Biosciences (FBRX) Shares Outstanding (2016 - 2026)
Forte Biosciences (FBRX) reported Shares Outstanding of 23.79 million for Q2 2026, up 102.5% from 11.74 million a year earlier and up 33.4% from the prior quarter.
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Analysis
Forte Biosciences (FBRX) Shares Outstanding (2016 - 2026) Analysis & Trends
For FY2025, Forte Biosciences posted Shares Outstanding of 14.72 million, up 404.7% from FY2024.
- Shares Outstanding has increased for ten consecutive years, with a five-year compound annual growth rate of 118.7% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 2.92 million in FY2024 (+130.9%), 1.26 million in FY2023 (+81.6%), 695,341 in FY2022 (+24.5%) and 558,713 in FY2021 (+89.8%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to Q1 2016.
- Year over year, Shares Outstanding has now increased in each of the last 38 quarters, with growth averaging 329.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 8.5% in Q2 2022 to 863.1% in Q3 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.84 million (Q1 2026), 14.72 million (Q4 2025) and 17.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 2.41 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 | 1.94 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.55 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 540.00 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 | 253.70 Mn |
| 10 | Forte Biosciences | 1.58 Bn | 1.38 Bn | - | 23.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.79 Mn |
| Mar 31, 2026 | 17.84 Mn |
| Dec 31, 2025 | 14.72 Mn |
| Sep 30, 2025 | 17.79 Mn |
| Jun 30, 2025 | 11.74 Mn |
| Mar 31, 2025 | 11.40 Mn |
| Dec 31, 2024 | 2.92 Mn |
| Sep 30, 2024 | 1.85 Mn |
| Jun 30, 2024 | 1.85 Mn |
| Mar 31, 2024 | 1.84 Mn |
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | 1.51 Mn |
| Jun 30, 2023 | 841,873.00 |
| Mar 31, 2023 | 840,267.00 |
| Dec 31, 2022 | 695,341.00 |
| Sep 30, 2022 | 757,098.00 |
| Jun 30, 2022 | 590,450.00 |
| Mar 31, 2022 | 590,392.00 |
| Dec 31, 2021 | 558,713.00 |
| Sep 30, 2021 | 569,649.00 |
API Access
Forte Biosciences 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=FBRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "FBRX", "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=FBRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();