Wave Life Sciences (WVE) Shares Outstanding (Diluted) (2021 - 2026)
Wave Life Sciences (WVE) recorded Weighted Average Shares Outstanding (Diluted) of 204.01 million in Q3 2026, up 21.6% from 167.74 million a year earlier and unchanged from the prior quarter.
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Analysis
Wave Life Sciences (WVE) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Wave Life Sciences reported Weighted Average Shares Outstanding (Diluted) of 168.65 million, up 22.0% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has increased for four straight years, with a four-year compound annual growth rate of 34.3% (FY2021 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 138.28 million in FY2024 (+30.3%), 106.1 million in FY2023 (+34.5%), 78.86 million in FY2022 (+52.2%) and 51.83 million in FY2021.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has increased for 18 consecutive quarters, with growth averaging 25.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Weighted Average Shares Outstanding (Diluted) ranged from 13.9% (Q3 2023) to 85.2% (Q3 2022).
- Per Business Quant, the preceding three quarters came in at 204.01 million (Q2 2026), 200.17 million (Q1 2026) and 168.65 million (Q4 2025).
Peer Set
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 | Wave Life Sciences | 672.50 Mn | -1.27 Bn | - | 204.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 204.22 Mn |
| Jun 30, 2026 | 204.01 Mn |
| Mar 31, 2026 | 200.17 Mn |
| Dec 31, 2025 | 168.65 Mn |
| Sep 30, 2025 | 167.74 Mn |
| Jun 30, 2025 | 163.99 Mn |
| Mar 31, 2025 | 162.53 Mn |
| Dec 31, 2024 | 138.28 Mn |
| Sep 30, 2024 | 132.56 Mn |
| Jun 30, 2024 | 129.53 Mn |
| Mar 31, 2024 | 129.27 Mn |
| Dec 31, 2023 | 106.10 Mn |
| Sep 30, 2023 | 106.98 Mn |
| Jun 30, 2023 | 105.46 Mn |
| Mar 31, 2023 | 102.06 Mn |
| Dec 31, 2022 | 78.86 Mn |
| Sep 30, 2022 | 93.90 Mn |
| Jun 30, 2022 | 66.48 Mn |
| Mar 31, 2022 | 60.52 Mn |
| Dec 31, 2021 | 51.83 Mn |
API Access
Wave Life Sciences 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=WVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "WVE", "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=WVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();