HCW Biologics (HCWB) Shares Outstanding (Entity) (2020 - 2026)
HCW Biologics (HCWB) recorded Shares Outstanding (Entity) of 1.33 million in Q2 2026, up 46.8% from the prior quarter.
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Analysis
HCW Biologics (HCWB) Shares Outstanding (Entity) (2020 - 2026) Analysis & Trends
For FY2025, HCW Biologics reported Shares Outstanding (Entity) of 349,617, up 86.7% from FY2024.
- Annual Shares Outstanding (Entity) has increased for five straight years, with a five-year compound annual growth rate of 77.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Entity) came in at 187,226 in FY2024 (+18.8%), 157,597 in FY2023 (+5.4%), 149,528 in FY2022 (+91.2%) and 78,212 in FY2021 (+291.6%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Entity) since Q1 2025.
- On a year-over-year basis, Shares Outstanding (Entity) rose in four of the last five quarters, with growth averaging 41.7%.
- Peak year-over-year performance for Shares Outstanding (Entity) in the last five years was growth of 633.2% in Q1 2022, against a decline of 87.9% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 904,312 (Q1 2026), 349,617 (Q4 2025) and 450,268 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 940.75 Mn |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 2.41 Bn |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 1.77 Bn |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 2.47 Bn |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | - |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 540.90 Mn |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | 1.24 Bn |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 5.70 Bn |
| 10 | HCW Biologics | 1.02 Mn | -4.00 Mn | -93,887.00 | 1.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Mn |
| Mar 31, 2026 | 904,312.00 |
| Dec 31, 2025 | 349,617.00 |
| Sep 30, 2025 | 450,268.00 |
| Mar 31, 2025 | 7.49 Mn |
| Dec 31, 2024 | 187,226.00 |
| Sep 30, 2024 | 157,597.00 |
| Jun 30, 2024 | 157,597.00 |
| Mar 31, 2024 | 157,597.00 |
| Dec 31, 2023 | 157,597.00 |
| Sep 30, 2023 | 149,894.00 |
| Jun 30, 2023 | 149,695.00 |
| Mar 31, 2023 | 149,534.00 |
| Dec 31, 2022 | 149,528.00 |
| Sep 30, 2022 | 149,464.00 |
| Jun 30, 2022 | 149,305.00 |
| Mar 31, 2022 | 149,152.00 |
| Dec 31, 2021 | 78,212.00 |
| Sep 30, 2021 | 123,218.00 |
| Jun 30, 2021 | 20,505.00 |
API Access
HCW Biologics Shares Outstanding (Entity) 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-entity&ticker=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "HCWB", "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-entity&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();