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% on a YoY basis from $6.1 billion in Q2 2025, and up 18.01% quarter-over-quarter from $6.2 billion in Q1 2026.
Analysis
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.
- For the quarter ending Q2 2026, Gross Profit rose 19.96% year-over-year to $7.3 billion; the trailing twelve-month figure through Jun 2026 stood at $25.7 billion (up 10.64% YoY), and the FY2025 full-year result was $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.
- Across five years, Gross Profit topped out at $7.3 billion in Q2 2026 and bottomed at $4.0 billion in Q1 2022.
- Historically, Gross Profit has averaged $5.7 billion across 5 years, with a median of $5.8 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Gross Profit soared 149.4% in 2022, then slipped 2.4% in 2025.
- Over 5 years, Gross Profit stood at $4.8 billion in 2022, then gained by 19.08% to $5.7 billion in 2023, then grew by 5.06% to $6.0 billion in 2024, then advanced by 5.7% to $6.3 billion in 2025, then gained 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.33 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Dec 31, 2025 | 6.32 Bn |
| Sep 30, 2025 | 5.83 Bn |
| Jun 30, 2025 | 6.11 Bn |
| Mar 31, 2025 | 5.34 Bn |
| Dec 31, 2024 | 5.98 Bn |
| Sep 30, 2024 | 5.79 Bn |
| Jun 30, 2024 | 6.26 Bn |
| Mar 31, 2024 | 5.31 Bn |
| Dec 31, 2023 | 5.69 Bn |
| Sep 30, 2023 | 5.57 Bn |
| Jun 30, 2023 | 6.08 Bn |
| Mar 31, 2023 | 4.75 Bn |
| Dec 31, 2022 | 4.78 Bn |
| Sep 30, 2022 | 5.40 Bn |
| Jun 30, 2022 | 5.94 Bn |
| Mar 31, 2022 | 3.96 Bn |
| Dec 31, 2021 | 4.37 Bn |
| Sep 30, 2021 | 4.02 Bn |