How many IPOs were there in the United States in 2025?

228 companies listed in the United States in 2025 (SPACs left out), raising $43.8B in total. The median first-day move was +5.6%, and 24% of those with a price trade above their offer price as of 7 Nov 2026.

Which United States IPOs are coming up?

As of 7 Nov 2026: Primagrove Ltd (pricing: week of 9 Nov 2026); Rezera Inc. (pricing: 12 Nov 2026); Bitari Inc (pricing: week of 16 Nov 2026).

How have United States IPOs done in 2026?

133 listings to 7 Nov 2026: median first-day move +1.3% across the 111 with a recorded first close, and median return since offer -17.1%.

United States IPOs: calendar, recent listings and history

Upcoming United States IPOs, the latest listings and how they have traded since, and every United States IPO since 2021 year by year.

Data as of 7 Nov 2026.

Live United States deals in the IPO monitor United States IPOs by year United States stock market

As of 7 Nov 2026, the IPO monitor lists 48 United States deals (SPACs left out). By stage: 3 approved and awaiting their offer, 12 recently listed, 25 filed and 8 withdrawn.
Next scheduled step: Primagrove Ltd, pricing: week of 9 Nov 2026; 3 deals have books open or a dated step in the 30 days from 7 Nov 2026.
12 United States companies listed in the 90 days to 7 Nov 2026 (11 in the last 30); 40% of the 10 with a TradingView price trade above their offer price, and the median return since offer is -3.5%.
In 2025, 228 United States companies listed, raising $43.8B; the median first-day move (first close against the offer price) was +5.6% across the 194 with a recorded first close.
2026 to 7 Nov 2026: 133 listings, against 210 by the same date in 2025.

Upcoming United States IPOs: the next 30 days (3)

Company	Exchange · ticker	Status	Next step	Price band / issue price	Deal size
Primagrove Ltd	NASDAQ · YHTE	Approved	pricing: week of 9 Nov 2026	$4–$6	$31.2M
Rezera Inc.	NASDAQ · RZRA	Approved	pricing: 12 Nov 2026	$11–$13	$200M
Bitari Inc	NASDAQ · BIAI	Approved	pricing: week of 16 Nov 2026	$7	$30.0M

Recent United States listings: the last 90 days (12)

Company	Exchange · ticker	Listed	Issue price	Deal size	First-day move	Since offer	Last close
Narragansett Bancorp, Inc.	NASDAQ · NARA	2 Nov 2026	$10	$91.0M	n/a	+8.4%	$10.84 (6 Nov 2026)
Bambusa Therapeutics, Inc.	NASDAQ · BBTX	30 Oct 2026	$16	$169M	-6.3%	-1.7%	$15.73 (6 Nov 2026)
Aspen Neuroscience, Inc.	NASDAQ · ASPE	30 Oct 2026	$15	$141M	-0.7%	-17.1%	$12.44 (6 Nov 2026)
Georgia Banking Co Inc	NASDAQ · GBC	29 Oct 2026	n/a	n/a	n/a	n/a	$33.10 (6 Nov 2026)
Lycia Therapeutics, Inc.	NASDAQ · LYCA	23 Oct 2026	$18	$318M	+66.7%	+69.4%	$30.50 (6 Nov 2026)
Davion Healthcare PLC	NASDAQ · DAVI	22 Oct 2026	n/a	n/a	n/a	n/a	$1.59 (6 Nov 2026)
City Therapeutics, Inc.	NASDAQ · CTY	16 Oct 2026	$18	$200M	+24.4%	+1.4%	$18.25 (6 Nov 2026)
Iambic Therapeutics, Inc.	NASDAQ · IAM	15 Oct 2026	$16	$150M	+18.2%	-36.4%	$10.17 (6 Nov 2026)
Amaero Inc.	NASDAQ · AMRO	15 Oct 2026	$4.25	$20.0M	+3.8%	+28.2%	$5.45 (6 Nov 2026)
TRex Bio, Inc.	NASDAQ · TRXB	9 Oct 2026	$14	$117M	0.0%	-5.3%	$13.26 (6 Nov 2026)
Retension Pharmaceuticals, Inc.	NASDAQ · RTSN	9 Oct 2026	$12	$45.0M	-12.2%	-8.0%	$11.04 (6 Nov 2026)
Chilwa Minerals Ltd	NASDAQ · CHWM	1 Oct 2026	$5.60	$3.50M	n/a	-35.2%	$3.63 (6 Nov 2026)

United States IPOs by year since 2021

Medians, not means: half the listings did better than each figure, half worse. First-day move = first close against the offer price; since offer = latest TradingView close against the offer price; 'above offer now' = share of listings with a price that trade above it. SPACs are left out.
Year	IPOs	Raised (USD)	Median deal	Median first-day move	Above offer now	Median since offer
2021	435	$144B (429 sized)	$158M	+16.9% (n=254)	21% (n=252)	-69.3%
2022	101	$8.27B (100 sized)	$15.9M	+0.5% (n=61)	21% (n=62)	-88.4%
2023	130	$20.5B	$11.6M	0.0% (n=92)	21% (n=91)	-84.3%
2024	181	$29.8B	$10.0M	+0.4% (n=153)	29% (n=153)	-74.0%
2025	228	$43.8B (221 sized)	$14.4M	+5.6% (n=194)	24% (n=194)	-57.6%
2026 to 7 Nov 2026	133	$150B (112 sized)	$240M	+1.3% (n=111)	32% (n=111)	-17.1%

Pipeline: filed and withdrawn (33)

Newest filing first.
Company	Status	Filed	Exchange · ticker	Deal size
Behneh Limited	Filed	6 Nov 2026	NASDAQ · BENE	$20.0M
Guitar Group Ltd	Filed	5 Nov 2026	n/a	$31.1M
Holvek Technologies Corp	Filed	5 Nov 2026	n/a	n/a
Churchill Capital Corp XIV	Filed	4 Nov 2026	CXIVU	$345M
Ja-Lika Corp	Filed	2 Nov 2026	n/a	n/a
Onyx Capital Tequila Partners IV, LLC	Filed	29 Oct 2026	AMEX · KATX	$20.0M
Focus Media Network Ltd	Filed	28 Oct 2026	NASDAQ · FMSN	$25.0M
Anthropic, PBC	Filed	26 Oct 2026	ANT	$1.00B
LIS Technologies Inc	Filed	26 Oct 2026	LIS	$25.0M
Windward Bio Group AG	Filed	23 Oct 2026	WWB	$100M
Sensing4D AI Ltd	Filed	21 Oct 2026	n/a	$34.5M
iStep Learning Ltd	Filed	19 Oct 2026	ISTL	$23.0M
Apex Treasury Corp II	Filed	13 Oct 2026	APTTU	$288M
OPAY Ltd	Withdrawn	9 Oct 2026	NYSE · OPAY	$320M
vVARDIS Holding AG	Filed	9 Oct 2026	NYSE · VVVV	$214M
Simwon America Corp.	Filed	9 Oct 2026	NASDAQ · SWA	$50.0M
Patriot Mobile Inc.	Filed	9 Oct 2026	PTRT	$10.0M
Centinel Spine Holdco, Inc.	Filed	7 Oct 2026	CNTL	$100M
FireFly Robotics, Inc.	Filed	7 Oct 2026	FFLY	n/a
DayOne Data Centers Ltd	Filed	5 Oct 2026	DODC	$100M
Lpc Ltd	Filed	2 Oct 2026	LPCI	$25.9M
Fitness Fanatics Ltd	Filed	14 Aug 2026	NASDAQ · FIT	$35.0M
Siyata Ptt	Withdrawn	6 Aug 2026	n/a	n/a
Tracx Logis Ltd.	Filed	28 Jul 2026	NASDAQ · TRCX	$20.0M
Bioventrix, Inc.	Withdrawn	12 Feb 2026	n/a	$17.2M
DT House Ltd	Withdrawn	20 Jan 2026	NASDAQ · DTDT	$26.2M
EvoNexus Group LTD	Withdrawn	16 Jan 2026	NASDAQ · EVON	$25.0M
Starton Holdings, Inc.,	Filed	11 Dec 2025	NASDAQ · STA	$30.0M
Klook Technology Ltd	Withdrawn	10 Nov 2025	n/a	$100M
Canary Staked INJ ETF	Filed	17 Jul 2025	n/a	n/a
GLAMOORE Capital Group Co Ltd.	Withdrawn	12 Nov 2024	n/a	$16.2M
Med-x, Inc.	Filed	8 Sep 2022	n/a	n/a
Kepuni Holdings Inc.	Withdrawn	31 Aug 2021	n/a	$20.1M

How to read these tables

Filed: registration filed; no terms or date yet.
Approved: cleared to list (effective registration, red-herring prospectus or exchange approval); books not open yet.
Open: books open: subscription or book-building is in progress.
Closed: books closed; pricing or allotment pending.
Allotted: shares allotted to applicants; listing pending.
Listed: trading; prices after listing are TradingView's.
Withdrawn: deal pulled.
Price band / issue price: the range the shares are offered in, or the final offer price once set.
Deal size: shares offered × offer price (band midpoint until priced; India at the band top; China's planned raise until priced), in US dollars.
SPACs (blank-cheque shells that list to buy a company later) are left out, as on the live tab.

Questions

How many IPOs were there in the United States in 2025?: 228 companies listed in the United States in 2025 (SPACs left out), raising $43.8B in total. The median first-day move was +5.6%, and 24% of those with a price trade above their offer price as of 7 Nov 2026.
Which United States IPOs are coming up?: As of 7 Nov 2026: Primagrove Ltd (pricing: week of 9 Nov 2026); Rezera Inc. (pricing: 12 Nov 2026); Bitari Inc (pricing: week of 16 Nov 2026).
How have United States IPOs done in 2026?: 133 listings to 7 Nov 2026: median first-day move +1.3% across the 111 with a recorded first close, and median return since offer -17.1%.

Other markets: India · Hong Kong · Japan · Taiwan · South Korea · China · all IPOs. Calendars and terms come from the exchange and regulator lists; prices after listing from TradingView; feed as of 7 Nov 2026.