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LUVSouthwest Airlines Co.

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
28.884B7.249B7.442B6.949B7.244B6.428B6.930B6.870B7.354B
Cost of Goods Sold
24.129B6.521B5.931B5.791B5.886B5.561B5.702B5.753B5.863B
4.755B728.000M1.511B1.158B1.358B867.000M1.228B1.117B1.491B
10.0%10.0%20.3%16.7%18.7%13.5%17.7%16.3%20.3%
Total Operating Expenses
3.774B398.000M1.120B1.123B1.133B1.090B950.000M1.079B1.093B
0.000.000.000.000.000.000.000.000.00
2.243B0.001.120B1.123B0.000.00346.000M0.000.00
981.000M330.000M391.000M35.000M225.000M-223.000M278.000M38.000M398.000M
4.6%4.6%5.3%0.5%3.1%-3.5%4.0%0.6%5.4%
1.040B285.000M407.000M68.000M280.000M-192.000M329.000M89.000M478.000M
Interest Income
144.000M23.000M33.000M34.000M54.000M84.000M105.000M121.000M130.000M
121.000M42.000M31.000M22.000M26.000M35.000M47.000M54.000M55.000M
Other Income/Expense
59.000M-45.000M16.000M33.000M55.000M31.000M51.000M51.000M80.000M
817.000M227.000M323.000M54.000M213.000M-149.000M261.000M67.000M367.000M
223.000M58.000M84.000M14.000M67.000M-43.000M68.000M22.000M111.000M
3.1%3.1%4.3%0.8%2.9%-2.3%3.8%1.0%5.0%
2.724B725.000M809.000M484.000M706.000M239.000M783.000M581.000M937.000M
10.0%10.0%10.9%7.0%9.7%3.7%11.3%8.5%12.7%
1.563B398.000M371.000M394.000M400.000M396.000M407.000M438.000M404.000M
1.580.450.630.100.40-0.260.450.110.62
1.550.450.610.100.39-0.260.420.110.58
498.000M498.000M516.000M523.000M538.000M584.000M595.000M599.000M599.000M
503.000M503.000M521.000M526.000M541.000M584.000M641.000M601.000M643.000M

Annual Income Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
28.063B27.483B26.091B23.814B15.790B9.048B22.428B21.965B
Cost of Goods Sold
23.168B23.024B21.868B19.062B11.675B10.938B16.445B15.907B
4.895B4.459B4.223B4.752B4.115B-1.890B5.983B6.058B
17.4%16.2%16.2%20.0%26.1%-20.9%26.7%27.6%
Total Operating Expenses
4.467B4.138B3.999B3.735B2.394B1.926B3.026B2.852B
0.000.000.000.000.000.000.000.00
4.467B346.000M266.000M224.000M185.000M0.000.000.00
428.000M321.000M224.000M1.017B1.721B-3.816B2.957B3.206B
1.5%1.2%0.9%4.3%10.9%-42.2%13.2%14.6%
563.000M598.000M633.000M728.000M1.325B-4.256B2.957B3.164B
Interest Income
205.000M497.000M583.000M217.000M13.000M32.000M90.000M69.000M
113.000M214.000M236.000M301.000M431.000M314.000M82.000M93.000M
Other Income/Expense
135.000M277.000M409.000M-289.000M-396.000M-440.000M0.00-42.000M
441.000M465.000M465.000M539.000M977.000M-3.074B2.300B2.465B
122.000M133.000M168.000M189.000M348.000M-1.182B657.000M699.000M
1.6%1.7%1.8%2.3%6.2%-34.0%10.3%11.2%
2.236B2.469B2.391B2.380B3.028B-2.687B4.258B4.458B
8.0%9.0%9.2%10.0%19.2%-29.7%19.0%20.3%
1.560B1.657B1.522B1.351B1.272B1.255B1.219B1.201B
0.820.810.810.911.65-5.444.284.30
0.790.750.760.871.61-5.444.274.29
540.000M598.000M595.000M593.000M592.000M565.000M538.000M573.000M
558.000M643.000M640.000M642.000M609.000M565.000M539.000M574.000M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Southwest Airlines Co.

Southwest Airlines Co. functions as a passenger airline, offering scheduled air travel services predominantly across the United States and to select neighboring international markets. As of December 31, 2021, the company maintained a consistent fleet of 728 Boeing 737 aircraft. Its extensive route network served 121 different locations, spanning 42 U.S. states, the District of Columbia, and the Commonwealth of Puerto Rico, along with 10 international countries close by. These international destinations include Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. To enhance the passenger journey, Southwest provides in-flight entertainment and internet access on its Wi-Fi-enabled planes. The airline also runs the Rapid Rewards loyalty program, enabling members to accumulate points proportional to the money spent on Southwest's base fares. For customer convenience in travel planning, the company offers a range of digital tools, including its official websites and mobile applications, as well as SWABIZ, a dedicated online booking platform for business clients. Additional services available include EarlyBird Check-In, preferred boarding options, and transportation for pets and unaccompanied minors. The company was founded in 1967 and its corporate headquarters are situated in Dallas, Texas.

Dallas, TX
71,506 employees
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
Robert E. Jordan