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
DateValue
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