Southwest Airlines (LUV) Gross Profit (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Gross Profit of $7.3 billion for Q2 2026, up 19.96% year-on-year 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 reported Gross Profit for 18 consecutive years, with $7.3 billion the latest figure, recorded 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 improved to $7.3 billion in Q2 2026 per LUV's latest filing, from $6.2 billion in the prior quarter.
- Over the last five years, Gross Profit for LUV reached as high as $7.3 billion in Q2 2026 and fell as low as $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 soared 149.4% — and 2025, when it slipped 2.4%.
- Year by year, Gross Profit stood at $4.8 billion in 2022, then advanced by 19.08% to $5.7 billion in 2023, then increased by 5.06% to $6.0 billion in 2024, then climbed by 5.7% to $6.3 billion in 2025, then advanced by 15.98% to $7.3 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $7.3 billion, $6.2 billion, and $6.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 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 |