Growth Metrics

Southwest Airlines (LUV) EBITDA (2016 - 2026)

Southwest Airlines has reported EBITDA over the past 18 years, most recently at $250.0 million for Q1 2026.

  • Quarterly EBITDA rose 268.92% to $250.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $926.0 million through Mar 2026, up 82.28% year-over-year, with the annual reading at $428.0 million for FY2025, 33.33% up from the prior year.
  • EBITDA was $250.0 million for Q1 2026 at Southwest Airlines, down from $391.0 million in the prior quarter.
  • Over five years, EBITDA peaked at $674.0 million in Q2 2022 and troughed at -$404.0 million in Q4 2023.
  • The 5-year median for EBITDA is $202.0 million (2025), against an average of $99.0 million.
  • Biggest five-year swings in EBITDA: tumbled 297.44% in 2022 and later surged 336.84% in 2025.
  • Tracing LUV's EBITDA over 5 years: stood at -$385.0 million in 2022, then decreased by 4.94% to -$404.0 million in 2023, then soared by 168.81% to $278.0 million in 2024, then surged by 40.65% to $391.0 million in 2025, then plummeted by 36.06% to $250.0 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods came in at $250.0 million, $391.0 million, and $83.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.