Southwest Airlines (LUV) Gross Profit (2009 - 2026)
Southwest Airlines (LUV) reported Gross Profit of $6.2 billion for Q1 2026, up 16.37% on a YoY basis from $5.3 billion in Q1 2025, and up 1.69% quarter-over-quarter from $6.1 billion in Q4 2025.
Southwest Airlines (LUV) Gross Profit (2009 - 2026) Analysis & Trends
Southwest Airlines has reported Gross Profit for 18 years, with the latest figure at $6.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 16.37% year-over-year to $6.2 billion; the trailing twelve-month figure through Mar 2026 stood at $24.1 billion (up 13.57% YoY), and the FY2025 full-year result was $22.8 billion, up 5.32% from the prior year.
- Gross Profit for Q1 2026 stood at $6.2 billion, up from $6.1 billion in the prior quarter.
- The five-year high for Gross Profit was $6.2 billion in Q1 2026, with the low at $4.0 billion in Q1 2022.
- Historically, Gross Profit has averaged $5.3 billion across 5 years, with a median of $5.4 billion in 2022.
- Annual changes were most pronounced in 2022 — Gross Profit surged 149.4% — and 2024, when it slipped 15.9%.
- Southwest Airlines' Gross Profit stood at $4.8 billion in 2022, then grew by 7.11% to $5.1 billion in 2023, then fell by 15.9% to $4.3 billion in 2024, then soared by 41.87% to $6.1 billion in 2025, then gained by 1.69% to $6.2 billion in 2026.
- The last three Gross Profit figures came in at $6.2 billion (Q1 2026), $6.1 billion (Q4 2025), and $5.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.21 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Dec 31, 2025 | 6.11 Bn |
| Dec 31, 2025 | 6.11 Bn |
| Sep 30, 2025 | 5.83 Bn |
| Sep 30, 2025 | 5.83 Bn |
| Jun 30, 2025 | 5.92 Bn |
| Jun 30, 2025 | 5.92 Bn |
| Mar 31, 2025 | 5.34 Bn |
| Mar 31, 2025 | 5.34 Bn |
| Dec 31, 2024 | 4.31 Bn |
| Dec 31, 2024 | 4.31 Bn |
| Sep 30, 2024 | 5.79 Bn |
| Sep 30, 2024 | 5.79 Bn |
| Jun 30, 2024 | 5.76 Bn |
| Jun 30, 2024 | 5.76 Bn |
| Mar 31, 2024 | 4.80 Bn |
| Mar 31, 2024 | 4.80 Bn |
| Dec 31, 2023 | 5.12 Bn |
| Dec 31, 2023 | 5.12 Bn |