Rafael Holdings (RFL) Shares Outstanding (2017 - 2026)
Rafael Holdings (RFL) reported Shares Outstanding of 51.23 million for fiscal Q3 2026 (quarter ended Apr 30, 2026), up 103.0% from 25.24 million a year earlier and unchanged from the prior quarter.
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Analysis
Rafael Holdings (RFL) Shares Outstanding (2017 - 2026) Analysis & Trends
For FY2025 (ended Jul 31, 2025), Rafael Holdings posted Shares Outstanding of 29.42 million, up 23.9% from FY2024.
- Shares Outstanding has increased for seven consecutive fiscal years, with a five-year compound annual growth rate of 13.3% (FY2020 to FY2025).
- By fiscal year, Shares Outstanding came in at 23.75 million in FY2024 (+2.1%), 23.26 million in FY2023 (+17.7%), 19.77 million in FY2022 (+19.6%) and 16.52 million in FY2021 (+4.8%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to fiscal Q2 2017.
- Year over year, Shares Outstanding has now increased in each of the last 31 quarters, with growth averaging 45.5% over the last eight quarters.
- The year-over-year growth in Shares Outstanding has ranged between 1.7% (fiscal Q3 2024) and 112.7% (fiscal Q1 2026) over the last five years.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 51.23 million (Q2 2026), 51.18 million (Q1 2026) and 29.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (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 | 1.94 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.55 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 540.00 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 | 253.70 Mn |
| 10 | Rafael Holdings | 68.10 Mn | 73.52 Mn | 163,000.00 | 51.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 51.23 Mn |
| Jan 31, 2026 | 51.23 Mn |
| Oct 31, 2025 | 51.18 Mn |
| Jul 31, 2025 | 29.42 Mn |
| Apr 30, 2025 | 25.24 Mn |
| Jan 31, 2025 | 24.15 Mn |
| Oct 31, 2024 | 24.06 Mn |
| Jul 31, 2024 | 23.75 Mn |
| Apr 30, 2024 | 23.78 Mn |
| Jan 31, 2024 | 23.64 Mn |
| Oct 31, 2023 | 23.64 Mn |
| Jul 31, 2023 | 23.26 Mn |
| Apr 30, 2023 | 23.37 Mn |
| Jan 31, 2023 | 23.16 Mn |
| Oct 31, 2022 | 23.02 Mn |
| Jul 31, 2022 | 19.77 Mn |
| Apr 30, 2022 | 19.76 Mn |
| Jan 31, 2022 | 19.71 Mn |
| Oct 31, 2021 | 19.93 Mn |
| Jul 31, 2021 | 16.52 Mn |
API Access
Rafael Holdings 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=RFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "RFL", "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=RFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();