Southwest Airlines LUV
NYSE LUV
$38.69 +0.02 (+0.05%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Southwest Airlines' (LUV) quarterly Consolidated Net Income came in at $233.0 million in Q2 2026, up 9.39% on a YoY basis from $213.0 million in Q2 2025, and up 2.64% quarter-over-quarter from $227.0 million in Q1 2026.

Analysis

Southwest Airlines (LUV) Consolidated Net Income (2009 - 2026) Analysis & Trends

Southwest Airlines (LUV) has reported Consolidated Net Income for 18 consecutive years, with $233.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Consolidated Net Income rose 9.39% year-over-year to $233.0 million; the trailing twelve-month figure through Jun 2026 stood at $837.0 million (up 113.52% YoY), and the FY2025 full-year result was $441.0 million, down 5.16% from the prior year.
  • Consolidated Net Income advanced to $233.0 million in Q2 2026 per LUV's latest filing, from $227.0 million in the prior quarter.
  • Across five years, Consolidated Net Income topped out at $760.0 million in Q2 2022 and bottomed at -$278.0 million in Q1 2022.
  • Historically, Consolidated Net Income has averaged $131.6 million across 5 years, with a median of $203.0 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Consolidated Net Income plunged 423.53% in 2022, then jumped 252.35% in 2026.
  • Over 5 years, Consolidated Net Income stood at -$220.0 million in 2022, then slipped by 14.55% to -$252.0 million in 2023, then jumped by 203.57% to $261.0 million in 2024, then rose by 23.75% to $323.0 million in 2025, then slipped by 27.86% to $233.0 million in 2026.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered $233.0 million, $227.0 million, and $323.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Delta Air Lines 51.66 Bn 46.99 Bn 19.07 Bn 1.60 Bn
2 Ryanair Holdings 28.60 Bn 24.67 Bn - 753.33 Mn
3 Southwest Airlines 18.92 Bn 15.13 Bn 7.33 Bn 233.00 Mn
4 Copa Holdings 5.36 Bn 4.10 Bn 1.03 Bn 86.39 Mn
5 Alaska Air 4.49 Bn 1.83 Bn 3.76 Bn -76.00 Mn
6 Skywest 3.79 Bn 3.19 Bn 1.01 Bn 100.70 Mn
7 Grupo Aeromexico, S.A.B. de C.V 2.29 Bn 1.25 Bn - -58.00 Mn
8 Allegiant Travel 1.75 Bn 699.04 Mn 902.77 Mn -4.82 Mn
9 Jetblue Airways 1.64 Bn -375.44 Mn 2.32 Bn -247.00 Mn
10 Frontier Group Holdings 1.30 Bn 347.83 Mn - -90.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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