Runway Growth Finance (RWAY) Shares Outstanding (Diluted) (2021 - 2026)
Runway Growth Finance's Shares Outstanding (Diluted) came in at 42.07 million for Q2 2026, up 13.4% from 37.1 million a year earlier and up 16.4% from the prior quarter.
Runway Growth Finance (RWAY) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Runway Growth Finance's Shares Outstanding (Diluted) was 36.7 million, down 5.5% from FY2024.
- Shares Outstanding (Diluted) has declined in each of the last three years, though with a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 38.85 million in FY2024 (-4.1%), 40.51 million in FY2023 (-1.1%), 40.97 million in FY2022 (+19.9%) and 34.18 million in FY2021 (+23.8%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2021.
- Year-over-year, Shares Outstanding (Diluted) increased in 1 of the last eight quarters, with an average decline of 2.9%.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q3 2022 (growth of 23.0%), and the weakest in Q1 2025 (a decline of 7.5%).
- Business Quant data shows RWAY's Shares Outstanding (Diluted) at 36.13 million (Q1 2026), 36.7 million (Q4 2025) and 36.23 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 2.84 Bn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | 556.90 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 5.89 Bn |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 348.85 Mn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 334.10 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 85.05 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 740.26 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | 718.00 Mn |
| 10 | Runway Growth Finance | 276.51 Mn | 237.28 Mn | - | 42.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.07 Mn |
| Mar 31, 2026 | 36.13 Mn |
| Dec 31, 2025 | 36.70 Mn |
| Sep 30, 2025 | 36.23 Mn |
| Jun 30, 2025 | 37.10 Mn |
| Mar 31, 2025 | 37.35 Mn |
| Dec 31, 2024 | 38.85 Mn |
| Sep 30, 2024 | 38.39 Mn |
| Jun 30, 2024 | 39.18 Mn |
| Mar 31, 2024 | 40.39 Mn |
| Dec 31, 2023 | 40.51 Mn |
| Sep 30, 2023 | 40.51 Mn |
| Jun 30, 2023 | 40.51 Mn |
| Mar 31, 2023 | 40.51 Mn |
| Dec 31, 2022 | 40.97 Mn |
| Sep 30, 2022 | 40.77 Mn |
| Jun 30, 2022 | 41.22 Mn |
| Mar 31, 2022 | 41.38 Mn |
| Dec 31, 2021 | 34.18 Mn |
| Sep 30, 2021 | 33.16 Mn |
Runway Growth Finance 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=RWAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "RWAY", "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=RWAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();