Southwest Airlines (LUV) Capital Expenditures (2009 - 2026)

Southwest Airlines (LUV) has reported Capital Expenditures for 18 consecutive years, with $818.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Capital Expenditures rose 23.94% year-over-year to $818.0 million; the trailing twelve-month figure through Jun 2026 stood at $3.0 billion (up 37.94% YoY), and the FY2025 full-year result was $2.7 billion, up 30.14% from the prior year.
• Capital Expenditures rose to $818.0 million in Q2 2026 per LUV's latest filing, from $630.0 million in the prior quarter.
• Across five years, Capital Expenditures topped out at $1.1 billion in Q3 2022 and bottomed at $44.0 million in Q4 2023.
• Historically, Capital Expenditures has averaged $667.6 million across 5 years, with a median of $645.0 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Capital Expenditures sank 87.95% in 2023, then surged 945.45% in 2024.
• Over 5 years, Capital Expenditures stood at $365.0 million in 2022, then tumbled by 87.95% to $44.0 million in 2023, then soared by 945.45% to $460.0 million in 2024, then jumped by 86.74% to $859.0 million in 2025, then fell by 4.77% to $818.0 million in 2026.
• According to Business Quant data, Capital Expenditures over the past three periods registered $818.0 million, $630.0 million, and $859.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.