Trends

LGBTQ+ representation across OutQUORUM report cycles, and how disclosure moved from the 2024 baseline to the 2025–26 filings read for the OutQUORUM 2026 report cycle.

LGBTQ+-inclusive board disclosure by report cycle

Read this chart with care. Figures for 2021–2023 are taken directly from Out Leadership's published reports (OutQUORUM 2021, Visibility Counts 2022, and Progress & Possibility 2023), whose company universes and methodology evolved between cycles — the 2021 report covered the Fortune 500 only, and NASDAQ coverage begins in 2022. Gaps mean no comparable figure was published for that cycle. The 2024 point is computed from this site's hand-verified 2024 baseline, and the current cycle is labeled 2026 because it reads 2025–26 filings for the OutQUORUM 2026 report cycle. Published figures are reproduced as-is and are not restated.

2024 → 2025–26 change by dimension (all indices)

Dimension20242025–26Change
LGBTQ+ 3,204 2,169 -1,035
Gender 5,853 6,777 +924
Race 5,036 5,539 +503
Ethnicity 5,066 5,218 +152
National Origin 2,044 2,344 +300
Age 3,535 4,177 +642
Veteran Status 0 1,082 +1,082

Counts are index-constituency totals (a company in multiple indices is counted in each). Veteran status was not tracked in the 2024 baseline, so its 2024 total is near zero by construction.

Methodology note on year-over-year changes. The 2024 baseline was hand-verified; 2025–26 values come from our validated detection pipeline with evidence spot-checks. Every reported gain is audited to distinguish genuine changes in company disclosure from measurement differences between the two collection methods. Apparent declines in some dimensions partly reflect stricter 2025–26 evidence standards rather than boards removing disclosure — treat single-cycle deltas with care and read the full methodology before citing. (Placeholder text — final audited language to be confirmed before launch.)

2024 baseline

2,072

boards with LGBTQ+ disclosure (34.5% of 6,011 companies)

2026 report cycle (2025–26 filings)

1,634

boards with LGBTQ+ disclosure (27.2% of 6,011 companies)

Fortune 1000 LGBTQ+

18.3%

of Fortune 1000 boards in the 2026 report cycle (vs 34.2% in the 2024 baseline)