Southwest Airlines (LUV) Accumulated Expenses (2009 - 2026)

Southwest Airlines (LUV) has 18 years of Accumulated Expenses data on file, last reported at $2.2 billion in Q2 2026.

• Quarterly Accumulated Expenses rose 10.15% year-over-year to $2.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.2 billion (up 10.15% YoY) and the FY2025 annual result came in at $2.3 billion, up 6.48% from the prior year.
• Accumulated Expenses improved to $2.2 billion in Q2 2026, from $2.2 billion in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $3.6 billion in Q4 2023 to a low of $1.4 billion in Q1 2022.
• A 5-year average of $2.2 billion and a median of $2.1 billion in 2023 frame the typical range for Accumulated Expenses.
• Annual changes were most pronounced in 2023 — Accumulated Expenses surged 76.51% — and 2024, when it sank 38.82%.
• Tracing LUV's Accumulated Expenses over 5 years: stood at $2.0 billion in 2022, then surged by 76.51% to $3.6 billion in 2023, then slumped by 38.82% to $2.2 billion in 2024, then rose by 6.48% to $2.3 billion in 2025, then declined by 4.34% to $2.2 billion in 2026.
• The last three Accumulated Expenses figures came in at $2.2 billion (Q2 2026), $2.2 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.