Nuvalent (NUVL) Shares Outstanding (Diluted) (2020 - 2026)
Nuvalent (NUVL) posted Shares Outstanding (Diluted) of 78.67 million for Q1 2026, up 9.9% from 71.61 million a year earlier and up 8.2% from the prior quarter.
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Analysis
Nuvalent (NUVL) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
For FY2025, Nuvalent's Shares Outstanding (Diluted) came in at 72.69 million, up 9.5% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for five consecutive years, with a five-year compound annual growth rate of 90.9% (FY2020 to FY2025).
- In prior years, Nuvalent's Shares Outstanding (Diluted) was 66.41 million in FY2024 (+14.1%), 58.22 million in FY2023 (+17.2%), 49.67 million in FY2022 (+128.0%) and 21.78 million in FY2021 (+659.8%).
- The Q1 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2020.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last 15 quarters, with growth averaging 11.8% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 2.2% (Q2 2021) and 954.0% (Q3 2021) over the last five years.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 72.69 million (Q4 2025), 72.14 million (Q3 2025) and 71.84 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 893.70 Mn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 2.44 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 1.77 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 2.47 Bn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | 1.96 Bn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | 1.56 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 544.00 Mn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | 1.24 Bn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 5.70 Bn |
| 10 | Nuvalent | 9.75 Bn | 9.75 Bn | - | 78.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 78.67 Mn |
| Dec 31, 2025 | 72.69 Mn |
| Sep 30, 2025 | 72.14 Mn |
| Jun 30, 2025 | 71.84 Mn |
| Mar 31, 2025 | 71.61 Mn |
| Dec 31, 2024 | 66.41 Mn |
| Sep 30, 2024 | 65.68 Mn |
| Jun 30, 2024 | 64.61 Mn |
| Mar 31, 2024 | 64.15 Mn |
| Dec 31, 2023 | 58.22 Mn |
| Sep 30, 2023 | 57.09 Mn |
| Jun 30, 2023 | 56.87 Mn |
| Mar 31, 2023 | 56.70 Mn |
| Dec 31, 2022 | 49.67 Mn |
| Sep 30, 2022 | 48.41 Mn |
| Jun 30, 2022 | 48.32 Mn |
| Mar 31, 2022 | 48.28 Mn |
| Dec 31, 2021 | 21.78 Mn |
| Sep 30, 2021 | 32.07 Mn |
| Jun 30, 2021 | 3.11 Mn |
API Access
Nuvalent 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=NUVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NUVL", "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=NUVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();