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

Southwest Airlines (LUV) posted quarterly Accumulated Expenses of $2.2 billion for Q2 2026, up 10.15% year-on-year from $2.0 billion in Q2 2025, and up 3.55% on a QoQ basis from $2.2 billion in Q1 2026.

Southwest Airlines (LUV) Accumulated Expenses (2009 - 2026) Analysis & Trends

Southwest Airlines (LUV) has reported Accumulated Expenses for 18 consecutive years, with $2.2 billion the latest figure, recorded 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 advanced to $2.2 billion in Q2 2026 per LUV's latest filing, from $2.2 billion in the prior quarter.
  • Over the last five years, Accumulated Expenses for LUV reached as high as $3.6 billion in Q4 2023 and fell as low as $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 soared 76.51% — and 2024, when it plunged 38.82%.
  • Year by year, Accumulated Expenses stood at $2.0 billion in 2022, then surged by 76.51% to $3.6 billion in 2023, then tumbled by 38.82% to $2.2 billion in 2024, then climbed by 6.48% to $2.3 billion in 2025, then decreased by 4.34% to $2.2 billion in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $2.2 billion, $2.2 billion, and $2.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Latam Airlines 29,341.35 Bn 29,338.67 Bn 1.28 Mn
2 Ryanair Holdings 183.33 Bn 180.79 Bn -
3 Delta Air Lines 53.61 Bn 48.95 Bn 19.07 Bn
4 Southwest Airlines 21.85 Bn 18.53 Bn 7.33 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.69 Bn 7.93 Bn -
6 Copa Holdings 5.59 Bn 4.26 Bn 713.71 Mn
7 Alaska Air 5.12 Bn 3.35 Bn 3.20 Bn
8 Skywest 3.85 Bn 3.22 Bn 1.01 Bn
9 Jetblue Airways 1.85 Bn 1.44 Bn 1.87 Bn
10 Allegiant Travel 1.72 Bn 818.03 Mn 651.87 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.25 Bn
Mar 31, 2026 2.17 Bn
Dec 31, 2025 2.35 Bn
Sep 30, 2025 2.09 Bn
Jun 30, 2025 2.04 Bn
Mar 31, 2025 1.98 Bn
Dec 31, 2024 2.21 Bn
Sep 30, 2024 2.10 Bn
Jun 30, 2024 1.87 Bn
Mar 31, 2024 2.40 Bn
Dec 31, 2023 3.61 Bn
Sep 30, 2023 2.88 Bn
Jun 30, 2023 2.47 Bn
Mar 31, 2023 2.12 Bn
Dec 31, 2022 2.04 Bn
Sep 30, 2022 1.88 Bn
Jun 30, 2022 1.59 Bn
Mar 31, 2022 1.36 Bn
Dec 31, 2021 1.62 Bn
Sep 30, 2021 1.69 Bn