Light & Wonder (LAWIL) Shares Outstanding (Entity) (2009 - 2026)
Light & Wonder (LAWIL) posted Shares Outstanding (Entity) of 77.05 million for Q2 2026, down 8.3% from 84 million a year earlier and down 2.1% from the prior quarter.
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Analysis
Light & Wonder (LAWIL) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Light & Wonder's Shares Outstanding (Entity) came in at 77.1 million, down 10.3% from FY2024.
- Annual Shares Outstanding (Entity) has declined for four consecutive years, with a five-year compound annual growth rate of -4.1% (FY2020 to FY2025).
- In prior years, Light & Wonder's Shares Outstanding (Entity) was 86 million in FY2024 (-4.4%), 90 million in FY2023 (-1.1%), 91 million in FY2022 (-6.2%) and 97 million in FY2021 (+2.1%).
- The Q2 2026 figure stands as the lowest quarterly Shares Outstanding (Entity) in data going back to Q4 2009.
- On a year-over-year basis, Shares Outstanding (Entity) has declined in each of the last 18 quarters, with an average decline of 6.2% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Entity) in the past five years was Q4 2021, with growth of 2.1%; the weakest was Q4 2025, with a decline of 10.3%.
- According to Business Quant data, Shares Outstanding (Entity) for the three prior quarters was 78.7 million (Q1 2026), 77.1 million (Q4 2025) and 83 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.66 Bn | 10.08 Bn | 1.48 Bn | 648.00 Mn |
| 2 | DraftKings | 18.62 Bn | 14.28 Bn | 551.45 Mn | 888.99 Mn |
| 3 | Flutter Entertainment | 14.18 Bn | 7.93 Bn | 1.71 Bn | 173.54 Mn |
| 4 | Madison Square Garden Sports | 9.38 Bn | 8.98 Bn | 119.21 Mn | 24.08 Mn |
| 5 | Life Time Group Holdings | 9.37 Bn | 8.61 Bn | 412.26 Mn | 223.22 Mn |
| 6 | Wynn Resorts | 7.77 Bn | 1.32 Bn | 758.95 Mn | 103.41 Mn |
| 7 | MGM Resorts International | 7.42 Bn | -761.08 Mn | 1.98 Bn | 251.59 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 77.05 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.54 Bn | 1.50 Bn | 203.72 Mn |
| 10 | Churchill Downs | 5.89 Bn | 5.16 Bn | 419.00 Mn | 69.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.05 Mn |
| Mar 31, 2026 | 78.70 Mn |
| Dec 31, 2025 | 77.10 Mn |
| Sep 30, 2025 | 83.00 Mn |
| Jun 30, 2025 | 84.00 Mn |
| Mar 31, 2025 | 85.00 Mn |
| Dec 31, 2024 | 86.00 Mn |
| Sep 30, 2024 | 89.00 Mn |
| Jun 30, 2024 | 89.00 Mn |
| Mar 31, 2024 | 90.14 Mn |
| Dec 31, 2023 | 90.00 Mn |
| Sep 30, 2023 | 90.05 Mn |
| Jun 30, 2023 | 91.36 Mn |
| Mar 31, 2023 | 91.12 Mn |
| Dec 31, 2022 | 91.00 Mn |
| Sep 30, 2022 | 94.00 Mn |
| Jun 30, 2022 | 94.33 Mn |
| Mar 31, 2022 | 95.67 Mn |
| Dec 31, 2021 | 97.00 Mn |
| Sep 30, 2021 | 97.00 Mn |
API Access
Light & Wonder Shares Outstanding (Entity) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=LAWIL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "LAWIL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=LAWIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();