Growth Metrics

Lightwave Logic (LWLG) Shares Outstanding (Diluted Average) (2020 - 2026)

Lightwave Logic (LWLG) reported Shares Outstanding (Diluted Average) of $148.1 million for Q1 2026, up 19.49% year-over-year from $123.9 million in Q1 2025, and up 15.13% on a QoQ basis from $128.6 million in Q4 2025.

Lightwave Logic (LWLG) has 7 years of Shares Outstanding (Diluted Average) data on file, last reported at $148.1 million in Q1 2026.

  • Quarterly Shares Outstanding (Diluted Average) rose 19.49% year-over-year to $148.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $148.1 million (up 19.49% YoY) and the FY2025 annual result came in at $128.6 million, up 6.66% from the prior year.
  • Shares Outstanding (Diluted Average) climbed to $148.1 million in Q1 2026 per LWLG's latest filing, from $128.6 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $148.1 million in Q1 2026 and bottomed at $110.9 million in Q1 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $119.0 million (2024), against an average of $120.0 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) grew 2.15%; it then climbed 19.49% in 2026.
  • Tracing LWLG's Shares Outstanding (Diluted Average) over 5 years: stood at $111.8 million in 2022, then climbed by 3.27% to $115.5 million in 2023, then advanced by 4.45% to $120.6 million in 2024, then climbed by 6.66% to $128.6 million in 2025, then grew by 15.13% to $148.1 million in 2026.
  • Per Business Quant, the three latest LWLG Shares Outstanding (Diluted Average) figures stand at $148.1 million (Q1 2026), $128.6 million (Q4 2025), and $129.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 466.32 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 248.10 Mn
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn -
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 222.90 Mn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn -
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn -
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn -
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 412.80 Mn
10 Lightwave Logic 1.65 Bn 1.58 Bn 27,831.00 148.09 Mn

Historic Data

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DateValue
Mar 31, 2026 148.09 Mn
Dec 31, 2025 128.63 Mn
Sep 30, 2025 129.64 Mn
Jun 30, 2025 125.27 Mn
Mar 31, 2025 123.93 Mn
Dec 31, 2024 120.60 Mn
Sep 30, 2024 120.01 Mn
Jun 30, 2024 120.18 Mn
Mar 31, 2024 118.95 Mn
Dec 31, 2023 115.47 Mn
Sep 30, 2023 116.49 Mn
Jun 30, 2023 114.86 Mn
Mar 31, 2023 113.27 Mn
Dec 31, 2022 111.81 Mn
Sep 30, 2022 111.54 Mn
Jun 30, 2022 111.59 Mn
Mar 31, 2022 110.89 Mn
Dec 31, 2021 105.22 Mn
Sep 30, 2021 107.73 Mn
Jun 30, 2021 101.97 Mn
Mar 31, 2021 99.79 Mn
Dec 31, 2020 91.86 Mn