2025 IPO Market Review and Outlook Report

This document is a report detailing the IPO market in the United States for the year 2024, providing insights into trends, statistics, and projections. It outlines the changes in the IPO landscape, including the number of IPOs categorized by offering size and industry, as well as the financial performance of IPO companies. The report presents a breakdown of IPOs by emerging growth companies and highlights the increase in deal activity compared to previous years. Key statistics include the total gross proceeds for IPOs in 2024, which amounted to $23.7 billion, and the median annual revenue of IPO companies. The report also discusses the performance of life sciences and technology IPOs, the prevalence of profitable companies, and the impact of economic factors on IPO activity. Additionally, it addresses the implications of cybersecurity disclosures and the assembly of public-ready boards for companies planning to go public.