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2025 IPO Market Stats

The U.S. IPO Market YTD
(IPOs ≥ $50mm Market Cap)
Pricing Activity There have been 9 IPOs priced this year, a +125.0% change from last year. Get Chart Go to Pricing Activity chart.
Proceeds Raised Total proceeds raised were $0.5 bil this year, a -59.8% change from last year. Get Chart Go to Proceeds Raised chart.
Filing Activity There have been 20 IPOs filed this year, a +53.8% change from last year. Get Chart Go to Filing Activity chart.
Industry Breakdown There have been 4 SPAC IPOs, the most in any sector. Get Chart Go to Industry Breakdown chart.

U.S. IPO Market

Created with Highcharts 10.3.2Proceeds in Billions (US$)Number of IPOsChart context menu(IPOs ≥ $50mm Mkt Cap)$30$18.8$35.5$46.9$46.3$78.2$142.4$7.7$19.4$29.6$0.5Proceeds in Billions (US$)Number of IPOs201520162017201820192020202120222023202420250408012016002505007501000www.renaissancecapital.com as of 01/23/2025

IPO ETF

NEW STOCKS ONLY
(Avg. Age 1.3 Years)

0.1%
overlap*

S&P 500

OLDER STOCKS
(Avg. Age 43 Years)

*By Weight, as of 01/01/2025

Seek to Diversify Your Portfolio

The IPO ETF has almost NO Overlap with the S&P 500

The IPO ETF only contains New Stocks

How to Invest

Explore IPOs By Year

Stay up-to-date on the most recently priced IPOs and discover new investment ideas by keeping track of trending IPOs and new stocks in each industry.

2025 Initial Public Offerings

There have been 9 IPOs in 2025. View all 2025 IPOs on IPO Pro.

Created with Highcharts 10.3.2Number of IPOsChart context menu2025 IPOs990000000000000000000000JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember0246810www.renaissancecapital.com as of 01/23/2025

2024 Initial Public Offerings

There were 150 IPOs in 2024. October had the most with a total of 22. August had the fewest with only 7. View all 2024 IPOs on IPO Pro.

Created with Highcharts 10.3.2Number of IPOsChart context menu2024 IPOs111110109918181010111114147716162222881414JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember0510152025www.renaissancecapital.com as of 01/23/2025

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