REV Group, Inc. (REVG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: December 10, 2025

Risk Assessment Details

Potential Dilution: 27.73% of current shares
Recent Dilution: 5.67% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
50M
Potential Supply
14M
Additional shares possible
Splits
None
Past 2 years

Summary

REVG currently has 49.7M outstanding shares. with moderate dilution risk from 13.8M authorized shares representing 27.7% potential dilution. The company has minimally diluted shareholders by 5.67% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 10, 2025

10-K filing | 49.7M shares outstanding

50M 14M
Sep 03, 2025

10-Q filing | 48.5M shares outstanding

49M 15M
Jun 04, 2025

10-Q filing | 50.1M shares outstanding

50M 13M
Mar 05, 2025

10-Q filing | 51.6M shares outstanding

52M 12M
Dec 11, 2024

10-K filing | 53.8M shares outstanding

54M 9.6M
Sep 04, 2024

10-Q filing | 52.1M shares outstanding

52M 11M
Jun 05, 2024

10-Q filing | 53.1M shares outstanding

53M 10M
Mar 15, 2024

8-K filing: On March 15, 2024, the Company closed an offering of 7,395,191 shares of common stock at a price of $18.00 per share by certain Selling Shareholders.

52M 12M
Mar 06, 2024

10-Q filing | 51.8M shares outstanding

52M 12M
Feb 20, 2024

8-K filing: REV Group, Inc. closed a registered underwritten public offering of 18,400,000 shares of common stock by certain Selling Shareholders at $16.50 per share, and the Company repurchased 8,000,000 shares from the Underwriters at $15.7575 per share.

59M 4.3M
Dec 13, 2023

10-K filing | 59.2M shares outstanding

59M 4.3M
Dec 13, 2023

POS AM filing: This is a filing to terminate all offerings under the Prior Registration Statement and to deregister any and all REV common shares, par value $0.001 per share, together with any and all other securities registered but unsold as of the date hereof thereunder.

59M 4.3M
Dec 13, 2023

S-3 filing: This S-3 filing describes demand registration rights for the Sponsor to register shares with an aggregate offering price of at least $50.0 million, and piggyback registration rights for other stockholders.

59M 4.3M
Sep 13, 2023

10-Q filing | 59.2M shares outstanding

59M 39M
Jun 08, 2023

10-Q filing | 59.0M shares outstanding

59M 39M
Mar 08, 2023

10-Q filing | 58.3M shares outstanding

58M 40M
Dec 14, 2022

10-K filing | 60.5M shares outstanding

61M 37M
Sep 07, 2022

10-Q filing | 59.4M shares outstanding

59M 39M
Jun 07, 2022

10-Q filing | 61.7M shares outstanding

62M 36M
Mar 09, 2022

10-Q filing | 62.8M shares outstanding

63M 35M
Dec 15, 2021

10-K filing | 64.7M shares outstanding

65M 33M
Sep 08, 2021

10-Q filing | 64.1M shares outstanding

64M 34M
Jun 07, 2021

10-Q filing | 64.0M shares outstanding

64M 34M
Apr 09, 2021

S-3 filing: This is an S-3 filing for the resale of up to 34,497,855 shares of common stock of REV Group, Inc. by selling securityholders.

63M 34M
Mar 10, 2021

10-Q filing | 63.4M shares outstanding

63M 0
Jan 07, 2021

10-K filing | 63.0M shares outstanding

63M 0
Sep 09, 2020

10-Q filing | 63.1M shares outstanding

63M 0
Jun 08, 2020

10-Q filing | 63.1M shares outstanding

63M 0
Mar 04, 2020

10-Q filing | 62.8M shares outstanding

63M 0
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