Southwest Airlines (LUV) Shares Issued (2009 - 2026)

Southwest Airlines (LUV) reported Shares Issued of $16.0 million for Q1 2026, down 5.88% on a YoY basis from $17.0 million in Q1 2025, and up 23.08% quarter-over-quarter from $13.0 million in Q4 2025.

Southwest Airlines (LUV) Shares Issued (2009 - 2026) Analysis & Trends

Southwest Airlines has reported Shares Issued for 18 years, with the latest figure at $16.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Issued fell 5.88% year-over-year to $16.0 million; the trailing twelve-month figure through Mar 2026 stood at $58.0 million (down 4.92% YoY), and the FY2025 full-year result was $59.0 million, down 1.67% from the prior year.
  • Shares Issued for Q1 2026 stood at $16.0 million, up from $13.0 million in the prior quarter.
  • The five-year high for Shares Issued was $17.0 million in Q1 2025, with the low at $6.0 million in Q1 2022.
  • Historically, Shares Issued has averaged $13.3 million across 5 years, with a median of $14.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Shares Issued slumped 53.85% — and 2024, when it surged 66.67%.
  • Southwest Airlines' Shares Issued stood at $13.0 million in 2022, then slipped by 7.69% to $12.0 million in 2023, then rose by 16.67% to $14.0 million in 2024, then retreated by 7.14% to $13.0 million in 2025, then advanced by 23.08% to $16.0 million in 2026.
  • The last three Shares Issued figures came in at $16.0 million (Q1 2026), $13.0 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Issued (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn -
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 16.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn -
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn -
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 1.31 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 16.00 Mn
Mar 31, 2026 16.00 Mn
Dec 31, 2025 13.00 Mn
Dec 31, 2025 13.00 Mn
Sep 30, 2025 14.00 Mn
Sep 30, 2025 14.00 Mn
Jun 30, 2025 15.00 Mn
Jun 30, 2025 15.00 Mn
Mar 31, 2025 17.00 Mn
Mar 31, 2025 17.00 Mn
Dec 31, 2024 14.00 Mn
Dec 31, 2024 14.00 Mn
Sep 30, 2024 15.00 Mn
Sep 30, 2024 15.00 Mn
Jun 30, 2024 15.00 Mn
Jun 30, 2024 15.00 Mn
Mar 31, 2024 15.00 Mn
Mar 31, 2024 15.00 Mn
Dec 31, 2023 12.00 Mn
Dec 31, 2023 12.00 Mn