IO Biotech, Inc. (IOBTQ) Shares Outstanding (Diluted) (2021 - 2025)
IO Biotech (IOBTQ) recorded Shares Outstanding (Diluted) of 66.94 million in Q3 2025, up 1.6% from 65.88 million a year earlier and up 1.6% from the prior quarter.
IO Biotech, Inc. (IOBTQ) Shares Outstanding (Diluted) (2021 - 2025) Analysis & Trends
For FY2024, IO Biotech reported Shares Outstanding (Diluted) of 65.88 million, up 51.3% from FY2023.
- Annual Shares Outstanding (Diluted) has increased for three straight years, with a three-year compound annual growth rate of 147.7% (FY2021 to FY2024).
- Across earlier years, Shares Outstanding (Diluted) came in at 43.54 million in FY2023 (+51.1%), 28.82 million in FY2022 (+564.6%) and 4.34 million in FY2021.
- The Q3 2025 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2021.
- On a year-over-year basis, Shares Outstanding (Diluted) rose in six of the last eight quarters, with growth averaging 49.1%.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 0.0% (Q1 2023) to 564.6% (Q4 2022).
- Per Business Quant, the preceding three quarters came in at 65.88 million (Q2 2025), 65.88 million (Q1 2025) and 65.88 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 66.94 Mn |
| Jun 30, 2025 | 65.88 Mn |
| Mar 31, 2025 | 65.88 Mn |
| Dec 31, 2024 | 65.88 Mn |
| Sep 30, 2024 | 65.88 Mn |
| Jun 30, 2024 | 65.88 Mn |
| Mar 31, 2024 | 65.88 Mn |
| Dec 31, 2023 | 43.54 Mn |
| Sep 30, 2023 | 50.17 Mn |
| Jun 30, 2023 | 28.82 Mn |
| Mar 31, 2023 | 28.82 Mn |
| Dec 31, 2022 | 28.82 Mn |
| Sep 30, 2022 | 28.82 Mn |
| Jun 30, 2022 | 28.82 Mn |
| Mar 31, 2022 | 28.82 Mn |
| Dec 31, 2021 | 4.34 Mn |
| Sep 30, 2021 | 177,200.00 |
| Jun 30, 2021 | 177,200.00 |
IO Biotech, Inc. 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=IOBTQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "IOBTQ", "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=IOBTQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();