Rafael Holdings (RFL) Shares Outstanding (Diluted) (2017 - 2026)
Rafael Holdings (RFL) reported Weighted Average Shares Outstanding (Diluted) of 51.39 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 74.7% from 29.42 million a year earlier and up 0.3% from the prior quarter.
Rafael Holdings (RFL) Shares Outstanding (Diluted) (2017 - 2026) Analysis & Trends
Dating back to fiscal Q2 2017, Rafael Holdings' Weighted Average Shares Outstanding (Diluted) record includes 39 quarters.
- Weighted Average Shares Outstanding (Diluted) has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 25.5% (FY2021 to FY2026).
- By fiscal year, Weighted Average Shares Outstanding (Diluted) came in at 29.42 million in FY2025 (+23.9%), 23.75 million in FY2024 (+2.1%), 23.26 million in FY2023 (+17.7%) and 19.77 million in FY2022 (+19.6%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Weighted Average Shares Outstanding (Diluted) in data going back to fiscal Q2 2017.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now increased in each of the last six quarters, with growth averaging 54.2% over the last eight quarters.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was fiscal Q1 2026 (growth of 112.7%); the low point was fiscal Q2 2025 (a decline of 1.0%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 51.23 million (Q3 2026), 51.23 million (Q2 2026) and 51.18 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 893.40 Mn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 2.45 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 1.77 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.48 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | 1.96 Bn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 1.56 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 546.00 Mn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 1.25 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 5.75 Bn |
| 10 | Rafael Holdings | 55.50 Mn | -74.75 Mn | 218,000.00 | 51.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 51.39 Mn |
| 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 | 24.40 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 | 18.95 Mn |
Rafael Holdings 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=RFL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=RFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();