Earnings Per Share
Shares (Basic)
Southwest Airlines Shares (Basic) decreased by 4.8% to 498M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.7%, from 584M to 498M.
Analysis
StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Changes reflect share buybacks (decrease) or equity issuance (increase), which impact the per-share earnings calculation.
Detailed definition
The average number of common shares outstanding during the reporting period, calculated by weighting the number of share...
Peer comparison
Standard metric for all public companies; reflects capital structure and share repurchase activity.
Metric ID:
weighted_shares_basicHistorical Data
16 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 591M | 592M | 1M | 592M | 593M | 593M | 594M | 595M | 596M | 597M | 599M | 599M | 584M | 538M | 523M | 498M |
| QoQ Change | — | +0.2% | -99.8% | >999% | +0.2% | +0.0% | +0.2% | +0.2% | +0.2% | +0.2% | +0.3% | +0.0% | -2.5% | -7.9% | -2.8% | -4.8% |
| YoY Change | — | — | — | — | +0.3% | +0.2% | +0.3% | +0.3% | +0.5% | +0.5% | +0.7% | +0.5% | -2.2% | -10.2% | -12.7% | -14.7% |
Range1M – 599M
CAGR-4.5%
Avg YoY Growth-3.0%
Median YoY Growth+0.3%
Current Streak4 quarters decline
Shares (Basic) at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's shares (basic)?
- Southwest Airlines (LUV) reported shares (basic) of 498M in Q1 2026.
- How has Southwest Airlines's shares (basic) changed year-over-year?
- Southwest Airlines's shares (basic) decreased by 14.7% year-over-year, from 584M to 498M.
- What does shares (basic) mean?
- The average number of shares held by investors during the period.