Guardforce AI (GFAIW) Shares Outstanding (Diluted Average) (2021 - 2025)

Guardforce AI recorded quarterly Shares Outstanding (Diluted Average) of $21.9 million in Q4 2025, up 96.41% quarter-over-quarter from $11.2 million in Q4 2024, and up 96.41% year-over-year from $11.2 million in Q4 2024.

Guardforce AI's Shares Outstanding (Diluted Average) history runs 5 years deep, the most recent figure standing at $21.9 million for Q4 2025.

  • In Q4 2025, Shares Outstanding (Diluted Average) rose 96.41% year-over-year to $21.9 million; the TTM figure through Dec 2025 stood at $21.9 million (up 96.41% YoY), while the FY2025 annual figure was $21.9 million, up 96.41% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $21.9 million for Q4 2025 at Guardforce AI, up from $11.2 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $49.6 million in Q4 2022 to a low of $460719.0 in Q4 2021.
  • A 5-year average of $17.9 million and a median of $11.2 million in 2024 frame the typical range for Shares Outstanding (Diluted Average).
  • Across the five-year window, Shares Outstanding (Diluted Average) jumped 10666.96% in 2022 and plunged 86.83% in 2023, its largest moves.
  • Guardforce AI's Shares Outstanding (Diluted Average) stood at $460719.0 in 2021, then surged by 10666.96% to $49.6 million in 2022, then slumped by 86.83% to $6.5 million in 2023, then surged by 70.87% to $11.2 million in 2024, then soared by 96.41% to $21.9 million in 2025.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $21.9 million, $11.2 million, and $6.5 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Allegion 11.20 Bn 10.89 Bn 454.50 Mn 86.60 Mn
2 MSA Safety 6.44 Bn 6.26 Bn 219.58 Mn -
3 Adt 5.10 Bn 5.07 Bn 1.04 Bn 54.75 Mn
4 Brinks 4.39 Bn 3.98 Bn 382.40 Mn 42.50 Mn
5 Brady 4.08 Bn 3.90 Bn 225.47 Mn 47.76 Mn
6 Geo 3.01 Bn 2.92 Bn - -
7 CoreCivic 2.08 Bn 1.87 Bn - -
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn -
9 Evolv Technologies Holdings 1.14 Bn 1.08 Bn 23.60 Mn 177.06 Mn
10 Guardforce AI - - - 21.92 Mn

Historic Data

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DateValue
Dec 31, 2025 21.92 Mn
Dec 31, 2024 11.16 Mn
Dec 31, 2023 6.53 Mn
Dec 31, 2022 49.61 Mn
Dec 31, 2021 460,719.00