Southwest Airlines (LUV) Consolidated Net Income (2009 - 2026)
Southwest Airlines (LUV) reported Consolidated Net Income of $233 million for Q2 2026, up 9.4% from $213 million a year earlier and up 2.6% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Consolidated Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Southwest Airlines' Consolidated Net Income came in at $837 million, up 113.5% year-over-year; for FY2025, it was $441 million, down 5.2% from FY2024.
- By year, Consolidated Net Income came in at $465 million in FY2024 (unchanged), $465 million in FY2023 (-13.7%), $539 million in FY2022 (-44.8%) and $977 million in FY2021.
- Five-year quarterly Consolidated Net Income spans a low of -$278 million in Q1 2022 and a high of $760 million in Q2 2022.
- Year over year, Consolidated Net Income gained in two of the last five quarters, with an average decline of 18.7%.
- The high point for year-over-year Consolidated Net Income in five years was Q2 2022 (growth of 118.4%); the low point was Q3 2024 (a decline of 65.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $227 million (Q1 2026), $323 million (Q4 2025) and $54 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 1.99 Bn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 1.00 Bn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 604.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 740.28 Mn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 734.00 Mn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 1.60 Bn |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 756.00 Mn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 350.60 Mn |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 805.00 Mn |
| 10 | Southwest Airlines | 18.96 Bn | 5.59 Bn | - | 233.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233.00 Mn |
| Mar 31, 2026 | 227.00 Mn |
| Dec 31, 2025 | 323.00 Mn |
| Sep 30, 2025 | 54.00 Mn |
| Jun 30, 2025 | 213.00 Mn |
| Mar 31, 2025 | -149.00 Mn |
| Dec 31, 2024 | 261.00 Mn |
| Sep 30, 2024 | 67.00 Mn |
| Jun 30, 2024 | 367.00 Mn |
| Mar 31, 2024 | -231.00 Mn |
| Dec 31, 2023 | -252.00 Mn |
| Sep 30, 2023 | 193.00 Mn |
| Jun 30, 2023 | 683.00 Mn |
| Mar 31, 2023 | -159.00 Mn |
| Dec 31, 2022 | -220.00 Mn |
| Sep 30, 2022 | 277.00 Mn |
| Jun 30, 2022 | 760.00 Mn |
| Mar 31, 2022 | -278.00 Mn |
| Dec 31, 2021 | 68.00 Mn |
| Sep 30, 2021 | 446.00 Mn |
API Access
Southwest Airlines Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();