Southwest Airlines (LUV) Gross Profit (2009 - 2026)
Southwest Airlines' (LUV) quarterly Gross Profit came in at $7.3 billion in Q2 2026, up 19.96% YoY from $6.1 billion in Q2 2025, and up 18.01% on a QoQ basis from $6.2 billion in Q1 2026.
Southwest Airlines (LUV) Gross Profit (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Gross Profit data on file, last reported at $7.3 billion in Q2 2026.
- Quarterly Gross Profit rose 19.96% year-over-year to $7.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $25.7 billion (up 10.64% YoY) and the FY2025 annual result came in at $23.6 billion, up 1.08% from the prior year.
- Gross Profit grew to $7.3 billion in Q2 2026, from $6.2 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $7.3 billion in Q2 2026 to a low of $4.0 billion in Q1 2022.
- A 5-year average of $5.7 billion and a median of $5.8 billion in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit surged 149.4% — and 2025, when it decreased 2.4%.
- Tracing LUV's Gross Profit over 5 years: stood at $4.8 billion in 2022, then increased by 19.08% to $5.7 billion in 2023, then advanced by 5.06% to $6.0 billion in 2024, then rose by 5.7% to $6.3 billion in 2025, then increased by 15.98% to $7.3 billion in 2026.
- The last three Gross Profit figures came in at $7.3 billion (Q2 2026), $6.2 billion (Q1 2026), and $6.3 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.33 Bn |
| Jun 30, 2026 | 7.33 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Dec 31, 2025 | 6.32 Bn |
| Dec 31, 2025 | 6.32 Bn |
| Sep 30, 2025 | 5.83 Bn |
| Sep 30, 2025 | 5.83 Bn |
| Jun 30, 2025 | 6.11 Bn |
| Jun 30, 2025 | 6.11 Bn |
| Mar 31, 2025 | 5.34 Bn |
| Mar 31, 2025 | 5.34 Bn |
| Dec 31, 2024 | 5.98 Bn |
| Dec 31, 2024 | 5.98 Bn |
| Sep 30, 2024 | 5.79 Bn |
| Sep 30, 2024 | 5.79 Bn |
| Jun 30, 2024 | 6.26 Bn |
| Jun 30, 2024 | 6.26 Bn |
| Mar 31, 2024 | 5.31 Bn |
| Mar 31, 2024 | 5.31 Bn |