Southwest Airlines (LUV) Cash from Operations (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Cash from Operations of 530000000.0 for Q2 2026, up 32.17% year-on-year from 401000000.0 in Q2 2025, and down 62.62% on a QoQ basis from 1418000000.0 in Q1 2026.
Southwest Airlines (LUV) Cash from Operations (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Cash from Operations for 18 consecutive years, with 530000000.0 the latest figure, recorded in Q2 2026.
- Quarterly Cash from Operations rose 32.17% year-over-year to 530000000.0 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 2530000000.0 (up 36.76% YoY) and the FY2025 annual result came in at 1842000000.0, up 298.7% from the prior year.
- Cash from Operations declined to 530000000.0 in Q2 2026 per LUV's latest filing, from 1418000000.0 in the prior quarter.
- Over the last five years, Cash from Operations for LUV reached as high as 1906000000.0 in Q2 2022 and fell as low as 104000000.0 in Q1 2024.
- A 5-year average of 622555555.56 and a median of 503000000.0 in 2024 frame the typical range for Cash from Operations.
- Annual changes were most pronounced in 2024 — Cash from Operations tumbled 114.73% — and 2025, when it soared 1843.48%.
- Year by year, Cash from Operations stood at 579000000.0 in 2022, then fell by 26.6% to 425000000.0 in 2023, then grew by 12.0% to 476000000.0 in 2024, then plunged by 38.03% to 295000000.0 in 2025, then jumped by 79.66% to 530000000.0 in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered 530000000.0, 1418000000.0, and 295000000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,663.75 Bn | 30,661.08 Bn | 1.28 Mn | 66,815.00 |
| 2 | Ryanair Holdings | 62.20 Bn | 59.00 Bn | - | - |
| 3 | Delta Air Lines | 57.16 Bn | 52.49 Bn | 19.07 Bn | 1.60 Bn |
| 4 | Southwest Airlines | 22.66 Bn | 18.87 Bn | 7.33 Bn | 530.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 9.07 Bn | 8.24 Bn | - | 272.00 Mn |
| 6 | Copa Holdings | 5.82 Bn | 4.48 Bn | 713.71 Mn | 487.08 Mn |
| 7 | Alaska Air | 5.51 Bn | 3.74 Bn | 3.20 Bn | 421.00 Mn |
| 8 | Skywest | 4.30 Bn | 3.70 Bn | 1.01 Bn | 291.86 Mn |
| 9 | Jetblue Airways | 2.09 Bn | 1.68 Bn | 1.87 Bn | 120.00 Mn |
| 10 | Allegiant Travel | 1.87 Bn | 965.51 Mn | 651.87 Mn | 268.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 530.00 Mn |
| Jun 30, 2026 | 530.00 Mn |
| Mar 31, 2026 | 1.42 Bn |
| Mar 31, 2026 | 1.42 Bn |
| Dec 31, 2025 | 295.00 Mn |
| Dec 31, 2025 | 295.00 Mn |
| Sep 30, 2025 | 287.00 Mn |
| Sep 30, 2025 | 287.00 Mn |
| Jun 30, 2025 | 401.00 Mn |
| Jun 30, 2025 | 401.00 Mn |
| Mar 31, 2025 | 860.00 Mn |
| Mar 31, 2025 | 860.00 Mn |
| Dec 31, 2024 | 476.00 Mn |
| Dec 31, 2024 | 476.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Jun 30, 2024 | -23.00 Mn |
| Jun 30, 2024 | -23.00 Mn |
| Mar 31, 2024 | -104.00 Mn |
| Mar 31, 2024 | -104.00 Mn |