Southwest Airlines (LUV) EBITDA (2009 - 2026)

Southwest Airlines (LUV) has reported EBITDA for 18 consecutive years, with $285.0 million the latest figure, recorded in Q2 2026.

• Quarterly EBITDA rose 26.67% year-over-year to $285.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.0 billion (up 227.36% YoY) and the FY2025 annual result came in at $428.0 million, up 33.33% from the prior year.
• EBITDA declined to $285.0 million in Q2 2026 per LUV's latest filing, from $330.0 million in the prior quarter.
• Over the last five years, EBITDA for LUV reached as high as $1.2 billion in Q2 2022 and fell as low as -$404.0 million in Q4 2023.
• A 5-year average of $144.7 million and a median of $171.0 million in 2023 frame the typical range for EBITDA.
• Annual changes were most pronounced in 2022 — EBITDA sank 297.44% — and 2026, when it jumped 247.98%.
• Year by year, EBITDA stood at -$385.0 million in 2022, then dropped by 4.94% to -$404.0 million in 2023, then surged by 168.81% to $278.0 million in 2024, then jumped by 40.65% to $391.0 million in 2025, then slipped by 27.11% to $285.0 million in 2026.
• According to Business Quant data, EBITDA over the past three periods registered $285.0 million, $330.0 million, and $391.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.