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
DateValue
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