Inovio Pharmaceuticals (INO) Shares Outstanding (2010 - 2026)
Inovio Pharmaceuticals' Shares Outstanding came in at 81.62 million for Q2 2026, up 110.2% from 38.83 million a year earlier and up 18.1% from the prior quarter.
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Analysis
Inovio Pharmaceuticals (INO) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Inovio Pharmaceuticals' Shares Outstanding was 46.89 million, up 72.6% from FY2024.
- Shares Outstanding has increased in each of the last 16 years, with a five-year compound annual growth rate of 29.4% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 27.16 million in FY2024 (+22.5%), 22.17 million in FY2023 (+11.5%), 19.88 million in FY2022 (+14.3%) and 17.4 million in FY2021 (+34.6%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q2 2010.
- Year-over-year, Shares Outstanding has increased for 61 consecutive quarters, with growth averaging 63.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 7.7% (Q3 2023) to 110.2% (Q2 2026).
- Business Quant data shows INO's Shares Outstanding at 69.1 million (Q1 2026), 46.89 million (Q4 2025) and 52.17 million (Q3 2025) in the three quarters before Q2 2026.
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 | Inovio Pharmaceuticals | 99.58 Mn | 99.58 Mn | - | 81.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.62 Mn |
| Mar 31, 2026 | 69.10 Mn |
| Dec 31, 2025 | 46.89 Mn |
| Sep 30, 2025 | 52.17 Mn |
| Jun 30, 2025 | 38.83 Mn |
| Mar 31, 2025 | 38.61 Mn |
| Dec 31, 2024 | 27.16 Mn |
| Sep 30, 2024 | 28.14 Mn |
| Jun 30, 2024 | 27.20 Mn |
| Mar 31, 2024 | 23.29 Mn |
| Dec 31, 2023 | 22.17 Mn |
| Sep 30, 2023 | 22.38 Mn |
| Jun 30, 2023 | 22.03 Mn |
| Mar 31, 2023 | 21.54 Mn |
| Dec 31, 2022 | 19.88 Mn |
| Sep 30, 2022 | 20.78 Mn |
| Jun 30, 2022 | 19.61 Mn |
| Mar 31, 2022 | 18.24 Mn |
| Dec 31, 2021 | 17.40 Mn |
| Sep 30, 2021 | 17.52 Mn |
API Access
Inovio Pharmaceuticals 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=INO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "INO", "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=INO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();