Growth Metrics

Stardust Power (SDST) Shares Outstanding (Diluted Average) (2021 - 2025)

Stardust Power posted quarterly Shares Outstanding (Diluted Average) of $7.4 million for Q4 2025, up 72.46% year-on-year from $4.3 million in Q4 2024, and up 10.67% on a QoQ basis from $6.7 million in Q3 2025.

Stardust Power (SDST) has 5 years of Shares Outstanding (Diluted Average) data on file, last reported at $7.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 72.46% year-over-year to $7.4 million; the trailing twelve-month figure through Dec 2025 stood at $7.4 million (up 72.46% YoY), and the FY2025 full-year result was $7.4 million, up 72.46% from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 stood at $7.4 million, up from $6.7 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $63.2 million in Q2 2025 and bottomed at $4.2 million in Q3 2024.
  • The 5-year median for Shares Outstanding (Diluted Average) is $28.4 million (2021), against an average of $25.0 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) surged 438.62%; it then sank 89.69% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $28.4 million in 2021, then slumped by 73.58% to $7.5 million in 2022, then soared by 438.62% to $40.4 million in 2023, then sank by 89.4% to $4.3 million in 2024, then soared by 72.46% to $7.4 million in 2025.
  • The last three Shares Outstanding (Diluted Average) figures came in at $7.4 million (Q4 2025), $6.7 million (Q3 2025), and $63.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 392.13 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 319.71 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 164.00 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 36.58 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 31.45 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 38.14 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 1.39 Bn
10 Stardust Power 27.64 Mn 24.16 Mn - 7.39 Mn

Historic Data

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DateValue
Dec 31, 2025 7.39 Mn
Sep 30, 2025 6.67 Mn
Jun 30, 2025 63.20 Mn
Mar 31, 2025 52.98 Mn
Dec 31, 2024 4.28 Mn
Sep 30, 2024 4.17 Mn
Jun 30, 2024 39.94 Mn
Mar 31, 2024 39.90 Mn
Dec 31, 2023 40.40 Mn
Sep 30, 2023 40.45 Mn
Jun 30, 2023 7.50 Mn
Mar 31, 2023 7.50 Mn
Dec 31, 2022 7.50 Mn
Sep 30, 2022 30.00 Mn
Jun 30, 2022 30.00 Mn
Mar 31, 2022 30.00 Mn
Dec 31, 2021 28.39 Mn
Sep 30, 2021 7.50 Mn
Jun 30, 2021 27.85 Mn