Last week, the Staff of the SEC’s Division of Economic & Risk Analysis announced an update to its “Statistics & Data Visualizations” page to reflect the latest stats on IPOs and other public and private offerings. Here are a few high points:

Market activity increased across several categories in 2025. The updated statistics show that in 2025 there were 374 IPOs raising over $70 billion in proceeds, up from 246 IPOs raising $39 billion in 2024. The number of follow-on registered offerings increased slightly in 2025, while the amount of capital raised in the offerings decreased slightly. Amounts raised in unregistered offerings also increased in 2025. There were 34,553 Regulation D offerings in 2025 compared to 32,554 Regulation D offerings in 2024. These offerings raised $2.1 trillion in capital in 2024 and $2.4 trillion in 2025.

In 2025, there was a slight decrease in the number of corporate bond offerings—from 1,795 to 1,694—but the amount raised increased slightly from $1.17 trillion to $1.25 trillion. There were 2,320 ABS issuances in 2025, an increase from 2,032 in 2024. The number of CMBS issuances also increased with 348 issuances in 2025 compared to 302 in 2024.

Since this new page was just launched last August, it may not be top of mind – but if you’re ever looking for data, it should be! The DERA Staff said last week at PLI’s SEC Speaks that they’re committed to updating the data frequently to support more transparency around market activity. Stats on public offerings and Reg D offerings are updated quarterly – and Reg A and crowdfunding data gets a semi-annual refresh. Data on the number of reporting issuers is updated annually.

– Liz Dunshee