Forum Markets (FRMM) Shares Outstanding (Diluted) (2016 - 2026)
Forum Markets (FRMM) recorded Shares Outstanding (Diluted) of 17.07 million in Q2 2026, up 199.0% from 5.71 million a year earlier but down 19.9% from the prior quarter.
Forum Markets (FRMM) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
For FY2025, Forum Markets reported Shares Outstanding (Diluted) of 8.16 million, up 791.9% from FY2024.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 915,374 in FY2024 (+141.5%), 379,089 in FY2023 (-99.0%), 39.18 million in FY2022 (+16.2%) and 33.71 million in FY2021 (+551.1%).
- Quarterly Shares Outstanding (Diluted) has ranged from 379,089 in Q4 2023 to 39.18 million in Q4 2022 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for three consecutive quarters, with growth averaging 360.3% over the last seven quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 791.9% in Q4 2025, against a decline of 99.0% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.3 million (Q1 2026), 8.16 million (Q4 2025) and 12.42 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.93 Bn | 6.74 Bn | - | 263.41 Mn |
| 2 | PayPal Holdings | 45.74 Bn | 3.96 Bn | - | 882.00 Mn |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 608.85 Mn |
| 4 | Iren | 30.93 Bn | 18.53 Bn | 103.89 Mn | 316.12 Mn |
| 5 | Corpay | 25.61 Bn | 15.81 Bn | - | 66.33 Mn |
| 6 | Fiserv | 24.13 Bn | 20.83 Bn | 2.90 Bn | 533.70 Mn |
| 7 | Global Payments | 21.34 Bn | -222.16 Mn | 2.03 Bn | 270.12 Mn |
| 8 | Bitmine Immersion Technologies | 15.51 Bn | 12.89 Bn | 40.81 Mn | 443.95 Mn |
| 9 | Guidewire Software | 12.73 Bn | 9.30 Bn | 269.68 Mn | 85.41 Mn |
| 10 | Forum Markets | 80.04 Mn | 80.04 Mn | 398,000.00 | 17.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.07 Mn |
| Mar 31, 2026 | 21.30 Mn |
| Dec 31, 2025 | 8.16 Mn |
| Sep 30, 2025 | 12.42 Mn |
| Jun 30, 2025 | 5.71 Mn |
| Mar 31, 2025 | 3.54 Mn |
| Dec 31, 2024 | 915,374.00 |
| Sep 30, 2024 | 980,641.00 |
| Jun 30, 2024 | 919,141.00 |
| Mar 31, 2024 | 638,339.00 |
| Dec 31, 2023 | 379,089.00 |
| Sep 30, 2023 | 7.95 Mn |
| Jun 30, 2023 | 5.23 Mn |
| Mar 31, 2023 | 3.75 Mn |
| Dec 31, 2022 | 39.18 Mn |
| Sep 30, 2022 | 39.18 Mn |
| Jun 30, 2022 | 34.11 Mn |
| Mar 31, 2022 | 34.07 Mn |
| Dec 31, 2021 | 33.71 Mn |
| Sep 30, 2021 | 33.71 Mn |
Forum Markets 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=FRMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "FRMM", "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=FRMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();