Southwest Airlines Co. logo
LUVSouthwest Airlines Co.

Gross Profit

The latest quarterly gross profit is $728.00M with a quarterly period change of (51.82%). Gross profit is revenue minus cost of revenue, before operating expenses, interest, and taxes.

Gross Profit

LUV Gross Profit

$728.00M

Reported quarterly gross profit; no daily interpolation.

-38.31% 5Y

LUV Quarterly Gross Profit Growth (YoY)

Gross Profit growth vs the same quarter one year earlier, last 20 quarters.

Gross Profit CAGR (Compound Annual Growth Rate)

1 Year

+1.11%

3 Year

-0.58%

5 Year

+79.80%

10 Year

-3.25%

15 Year

-0.94%

20 Year

+1.62%

CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.

Quarterly Gross Profit History

PeriodGross Profit% Change
Q1 2026$728.00M(51.82%)
Q4 2025$1.51B+30.48%
Q3 2025$1.16B(14.73%)
Q2 2025$1.36B+56.63%
Q1 2025$867.00M(29.40%)
Q4 2024$1.23B+9.94%
Q3 2024$1.12B(25.08%)
Q2 2024$1.49B+138.56%
Q1 2024$625.00M(14.03%)
Q4 2023$727.00M(32.37%)
Q3 2023$1.07B(38.61%)
Q2 2023$1.75B+162.13%
Q1 2023$668.00M(33.66%)
Q4 2022$1.01B(17.05%)
Q3 2022$1.21B(37.71%)
Q2 2022$1.95B+236.03%
Q1 2022$580.00M(34.02%)
Q4 2021$879.00M(36.99%)
Q3 2021$1.40B+18.22%
Q2 2021$1.18B+78.25%
Q1 2021$662.00M+202.32%
Q4 2020($647.00M)+29.90%
Q3 2020($923.00M)(1.76%)
Q2 2020($907.00M)(254.25%)
Q1 2020$588.00M(58.91%)
Q4 2019$1.43B(9.49%)
Q3 2019$1.58B(8.93%)
Q2 2019$1.74B+40.57%
Q1 2019$1.24B(21.64%)
Q4 2018$1.58B+2.54%
Q3 2018$1.54B(9.75%)
Q2 2018$1.70B+37.23%
Q1 2018$1.24B(13.82%)
Q4 2017$1.44B(9.21%)
Q3 2017$1.59B(18.33%)
Q2 2017$1.94B+50.08%
Q1 2017$1.29B(14.02%)
Q4 2016$1.50B+11.23%
Q3 2016$1.35B(28.60%)
Q2 2016$1.90B+24.51%
Q1 2016$1.52B(7.36%)
Q4 2015$1.64B(8.87%)
Q3 2015$1.80B+9.21%
Q2 2015$1.65B+27.00%
Q1 2015$1.30B+4.42%
Q4 2014$1.25B+3.32%
Q3 2014$1.21B(10.48%)
Q2 2014$1.35B+77.34%
Q1 2014$759.00M(22.23%)
Q4 2013$976.00M+2.74%
Q3 2013$950.00M(2.86%)
Q2 2013$978.00M+67.47%
Q1 2013$584.00M+116.53%
Q4 2012($3.53B)(600.99%)
Q3 2012$705.00M(27.62%)
Q2 2012$974.00M+85.52%
Q1 2012$525.00M(74.11%)
Q4 2011$2.03B(3.70%)
Q3 2011$2.11B+3.39%
Q2 2011$2.04B+25.82%
Q1 2011$1.62B+542.46%
Q4 2010$252.00M(86.13%)
Q3 2010$1.82B+1.51%
Q2 2010$1.79B+27.31%
Q1 2010$1.41B(29.10%)
Q4 2009$1.98B+4.64%
Q3 2009$1.90B(1.61%)
Q2 2009$1.93B+14.23%
Q1 2009$1.69B+0.78%
Q4 2008$1.67B(9.81%)
Q3 2008$1.85B(3.89%)
Q2 2008$1.93B+7.46%
Q1 2008$1.80B+101.12%
Q4 2007$893.00M(54.23%)
Q3 2007$1.95B(2.55%)
Q2 2007$2.00B+146.86%
Q1 2007$811.00M(12.51%)
Q4 2006$927.00M(6.93%)
Q3 2006$996.00M(13.39%)
Q2 2006$1.15B+47.81%
Q1 2006$778.00M(6.94%)
Q4 2005$836.00M(10.40%)
Q3 2005$933.00M+3.21%
Q2 2005$904.00M+28.77%
Q1 2005$702.00M(0.43%)
Q4 2004$705.00M(7.48%)
Q3 2004$762.00M(2.68%)
Q2 2004$783.00M+32.71%
Q1 2004$590.00M(8.81%)
Q4 2003$647.00M(8.36%)
Q3 2003$706.00M+1.15%
Q2 2003$698.00M+31.20%
Q1 2003$532.00M(8.26%)
Q4 2002$579.89M+1.38%
Q3 2002$572.00M(12.80%)
Q2 2002$656.00M-

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