Lipella Pharmaceuticals Inc. (LIPO) Shares Outstanding (2021 - 2025)
Lipella Pharmaceuticals (LIPO) reported Shares Outstanding of 4.55 million for Q3 2025, up 306.5% from 1.12 million a year earlier and up 5.7% from the prior quarter.
Lipella Pharmaceuticals Inc. (LIPO) Shares Outstanding (2021 - 2025) Analysis & Trends
For FY2024, Lipella Pharmaceuticals posted Shares Outstanding of 1.05 million, up 39.7% from FY2023.
- Shares Outstanding has increased for three consecutive years, with a three-year compound annual growth rate of 35.0% (FY2021 to FY2024).
- By year, Shares Outstanding came in at 750,384 in FY2023 (+47.8%), 507,578 in FY2022 (+19.1%) and 426,006 in FY2021.
- The Q3 2025 figure ranks as the highest quarterly Shares Outstanding in data going back to Q4 2021.
- Year over year, Shares Outstanding has now increased in each of the last 12 quarters, with growth averaging 123.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 19.1% in Q4 2022 to 352.8% in Q2 2025.
- Per Business Quant data, the three quarters before Q3 2025 came in at 4.31 million (Q2 2025), 2.06 million (Q1 2025) and 1.05 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.55 Mn |
| Jun 30, 2025 | 4.31 Mn |
| Mar 31, 2025 | 2.06 Mn |
| Dec 31, 2024 | 1.05 Mn |
| Sep 30, 2024 | 1.12 Mn |
| Jun 30, 2024 | 950,704.00 |
| Mar 31, 2024 | 911,550.00 |
| Dec 31, 2023 | 750,384.00 |
| Sep 30, 2023 | 719,216.00 |
| Jun 30, 2023 | 717,993.00 |
| Mar 31, 2023 | 717,993.00 |
| Dec 31, 2022 | 507,578.00 |
| Sep 30, 2022 | 513,228.00 |
| Jun 30, 2022 | 483,328.00 |
| Mar 31, 2022 | 483,328.00 |
| Dec 31, 2021 | 426,006.00 |
Lipella Pharmaceuticals Inc. 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=LIPO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "LIPO", "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=LIPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();