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.

• For the quarter ending Q2 2026, EBITDA rose 26.67% year-over-year to $285.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.0 billion (up 227.36% YoY), and the FY2025 full-year result was $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.
• Across five years, EBITDA topped out at $1.2 billion in Q2 2022 and bottomed at -$404.0 million in Q4 2023.
• Historically, EBITDA has averaged $144.7 million across 5 years, with a median of $171.0 million in 2023.
• The sharpest annual moves came in 2022 and 2026: EBITDA tumbled 297.44% in 2022, then jumped 247.98% in 2026.
• Over 5 years, EBITDA stood at -$385.0 million in 2022, then slipped by 4.94% to -$404.0 million in 2023, then jumped by 168.81% to $278.0 million in 2024, then soared by 40.65% to $391.0 million in 2025, then decreased 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.