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Southwest Airlines (LUV) Accumulated Expenses (2016 - 2026)

Southwest Airlines has reported Accumulated Expenses over the past 18 years, most recently at $2.2 billion for Q1 2026.

  • Quarterly Accumulated Expenses rose 9.71% to $2.2 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $2.2 billion through Mar 2026, up 9.71% year-over-year, with the annual reading at $2.3 billion for FY2025, 6.48% up from the prior year.
  • Accumulated Expenses was $2.2 billion for Q1 2026 at Southwest Airlines, down from $2.3 billion in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $3.6 billion in Q4 2023 and troughed at $1.4 billion in Q1 2022.
  • The 5-year median for Accumulated Expenses is $2.1 billion (2024), against an average of $2.2 billion.
  • Biggest five-year swings in Accumulated Expenses: soared 76.51% in 2023 and later crashed 38.82% in 2024.
  • Tracing LUV's Accumulated Expenses over 5 years: stood at $2.0 billion in 2022, then soared by 76.51% to $3.6 billion in 2023, then crashed by 38.82% to $2.2 billion in 2024, then grew by 6.48% to $2.3 billion in 2025, then decreased by 7.62% to $2.2 billion in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods came in at $2.2 billion, $2.3 billion, and $2.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.