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.

• Quarterly Capital Expenditures rose 23.94% year-over-year to $818.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.0 billion (up 37.94% YoY) and the FY2025 annual result came in at $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.
• Over the last five years, Capital Expenditures for LUV reached as high as $1.1 billion in Q3 2022 and fell as low as $44.0 million in Q4 2023.
• A 5-year average of $614.4 million and a median of $606.5 million in 2024 frame the typical range for Capital Expenditures.
• Annual changes were most pronounced in 2023 — Capital Expenditures tumbled 87.95% — and 2024, when it surged 945.45%.
• Year by year, Capital Expenditures stood at $365.0 million in 2022, then slumped by 87.95% to $44.0 million in 2023, then jumped by 945.45% to $460.0 million in 2024, then surged by 86.74% to $859.0 million in 2025, then retreated 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.