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Earnings Per Share

Shares (Diluted)

Southwest Airlines Shares (Diluted) decreased by 4.4% to 503M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.9%, from 584M to 503M. Over 2 years (FY 2021 to FY 2023), Shares (Diluted) shows relatively stable performance with a 1.5% CAGR.

Analysis

StatementIncome Statement
SectionEarnings Per Share
First reportedQ1 2015
Last reportedQ1 2026Apr 23, 2026
Metric ID: weighted_shares_diluted

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value615M607M609M592M635M639M642M594M639M640M640M597M643M601M584M541M526M503M
QoQ Change-1.3%+0.3%-2.8%+7.3%+0.6%+0.5%-7.5%+7.6%+0.2%+0.0%-6.7%+7.7%-6.5%-2.8%-7.4%-2.8%-4.4%
YoY Change+3.3%+5.3%+5.4%+0.3%+0.6%+0.2%-0.3%+0.5%+0.6%-6.1%-2.2%-15.9%-12.5%-13.9%
Range503M643M
CAGR-4.6%
Avg YoY Growth-2.5%
Median YoY Growth+0.2%
Current Streak5 quarters decline

Frequently Asked Questions

What is Southwest Airlines's shares (diluted)?
Southwest Airlines (LUV) reported shares (diluted) of 503M in Q1 2026.
How has Southwest Airlines's shares (diluted) changed year-over-year?
Southwest Airlines's shares (diluted) decreased by 13.9% year-over-year, from 584M to 503M.
What is the long-term trend for Southwest Airlines's shares (diluted)?
Over 2 years (2021 to 2023), Southwest Airlines's shares (diluted) has grown at a 1.5% compound annual growth rate (CAGR), from 2.4B to 2.5B.