Southwest Airlines (LUV) Consolidated Net Income (2009 - 2026)

Southwest Airlines has reported Consolidated Net Income for 18 years, with the latest figure at $227.0 million in Q1 2026.

• For the quarter ending Q1 2026, Consolidated Net Income rose 252.35% year-over-year to $227.0 million; the trailing twelve-month figure through Mar 2026 stood at $817.0 million (up 49.63% YoY), and the FY2025 full-year result was $441.0 million, down 5.16% from the prior year.
• Consolidated Net Income for Q1 2026 stood at $227.0 million, down from $323.0 million in the prior quarter.
• The five-year high for Consolidated Net Income was $760.0 million in Q2 2022, with the low at -$278.0 million in Q1 2022.
• Historically, Consolidated Net Income has averaged $125.6 million across 5 years, with a median of $193.0 million in 2023.
• Annual changes were most pronounced in 2022 — Consolidated Net Income tumbled 423.53% — and 2026, when it soared 252.35%.
• Southwest Airlines' Consolidated Net Income stood at -$220.0 million in 2022, then retreated by 14.55% to -$252.0 million in 2023, then surged by 203.57% to $261.0 million in 2024, then grew by 23.75% to $323.0 million in 2025, then decreased by 29.72% to $227.0 million in 2026.
• The last three Consolidated Net Income figures came in at $227.0 million (Q1 2026), $323.0 million (Q4 2025), and $54.0 million (Q3 2025), per Business Quant data.