Lipocine (LPCN) Shares Outstanding (Entity) (2011 - 2025)
Lipocine (LPCN) reported Shares Outstanding (Entity) of 5.42 million for Q3 2025, up 1.4% from 5.35 million a year earlier and up 0.9% from the prior quarter.
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Analysis
Lipocine (LPCN) Shares Outstanding (Entity) (2011 - 2025) Analysis & Trends
For FY2024, Lipocine posted Shares Outstanding (Entity) of 5.35 million, up 0.6% from FY2023.
- Shares Outstanding (Entity) has increased for 13 consecutive years, with a five-year compound annual growth rate of 28.6% (FY2019 to FY2024).
- By year, Shares Outstanding (Entity) came in at 5.32 million in FY2023 (+2.1%), 5.21 million in FY2022 (+0.2%), 5.19 million in FY2021 (+58.5%) and 3.28 million in FY2020 (+115.2%).
- The Q3 2025 figure ranks as the highest quarterly Shares Outstanding (Entity) in data going back to Q4 2011.
- Year over year, Shares Outstanding (Entity) has now increased in each of the last ten quarters, with growth averaging 1.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Entity) ran from 0.0% in Q1 2023 to 115.2% in Q4 2020.
- Per Business Quant data, the three quarters before Q3 2025 came in at 5.37 million (Q2 2025), 5.35 million (Q1 2025) and 5.35 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (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 | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 540.60 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 | 253.35 Mn |
| 10 | Lipocine | 11.92 Mn | -55.79 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 5.42 Mn |
| Jun 30, 2025 | 5.37 Mn |
| Mar 31, 2025 | 5.35 Mn |
| Dec 31, 2024 | 5.35 Mn |
| Sep 30, 2024 | 5.35 Mn |
| Jun 30, 2024 | 5.35 Mn |
| Mar 31, 2024 | 5.32 Mn |
| Dec 31, 2023 | 5.32 Mn |
| Sep 30, 2023 | 5.32 Mn |
| Jun 30, 2023 | 5.23 Mn |
| Mar 31, 2023 | 5.21 Mn |
| Dec 31, 2022 | 5.21 Mn |
| Sep 30, 2022 | 5.21 Mn |
| Jun 30, 2022 | 5.21 Mn |
| Mar 31, 2022 | 5.21 Mn |
| Dec 31, 2021 | 5.19 Mn |
| Sep 30, 2021 | 5.19 Mn |
| Jun 30, 2021 | 5.19 Mn |
| Mar 31, 2021 | 5.19 Mn |
| Dec 31, 2020 | 3.28 Mn |
API Access
Lipocine 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=LPCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "LPCN", "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=LPCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();