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

Southwest Airlines (LUV) has reported Shares Outstanding (Entity) for 18 consecutive years, with $489.2 million the latest figure, recorded in Q2 2026.

• Quarterly Shares Outstanding (Entity) fell 6.85% year-over-year to $489.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $489.2 million (down 6.85% YoY) and the FY2025 annual result came in at $540.0 million, down 9.7% from the prior year.
• Shares Outstanding (Entity) held at $489.2 million in Q2 2026 per LUV's latest filing, from $488.8 million in the prior quarter.
• Over the last five years, Shares Outstanding (Entity) for LUV reached as high as $599.7 million in Q3 2024 and fell as low as $488.8 million in Q1 2026.
• A 5-year average of $571.1 million and a median of $593.6 million in 2022 frame the typical range for Shares Outstanding (Entity).
• Annual changes were most pronounced in 2024 — Shares Outstanding (Entity) advanced 0.61% — and 2026, when it decreased 14.23%.
• Year by year, Shares Outstanding (Entity) stood at $593.0 million in 2022, then climbed by 0.34% to $595.0 million in 2023, then climbed by 0.5% to $598.0 million in 2024, then dropped by 9.7% to $540.0 million in 2025, then fell by 9.41% to $489.2 million in 2026.
• According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $489.2 million, $488.8 million, and $540.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.