Southwest Airlines (LUV) Interest Expenses (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Interest Expenses of $92.0 million for Q2 2026, up 73.58% year-on-year from $53.0 million in Q2 2025, and up 70.37% on a QoQ basis from $54.0 million in Q1 2026.
Southwest Airlines (LUV) Interest Expenses (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Interest Expenses for 18 consecutive years, with $92.0 million the latest figure, recorded in Q2 2026.
- Quarterly Interest Expenses rose 73.58% year-over-year to $92.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $338.0 million (up 53.64% YoY) and the FY2025 annual result came in at $1.2 billion, up 50.79% from the prior year.
- Interest Expenses climbed to $92.0 million in Q2 2026 per LUV's latest filing, from $54.0 million in the prior quarter.
- Over the last five years, Interest Expenses for LUV reached as high as $766.0 million in Q4 2022 and fell as low as $19.0 million in Q1 2023.
- A 5-year average of $107.1 million and a median of $63.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses slumped 91.38% — and 2024, when it jumped 242.11%.
- Year by year, Interest Expenses stood at $766.0 million in 2022, then sank by 91.38% to $66.0 million in 2023, then retreated by 12.12% to $58.0 million in 2024, then jumped by 170.69% to $157.0 million in 2025, then tumbled by 41.4% to $92.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $92.0 million, $54.0 million, and $157.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,537.63 Bn | 30,534.97 Bn | 1.28 Mn | -164.01 Mn |
| 2 | Ryanair Holdings | 61.71 Bn | 58.52 Bn | - | -16.96 Mn |
| 3 | Delta Air Lines | 56.61 Bn | 51.95 Bn | 19.07 Bn | -12.00 Mn |
| 4 | Southwest Airlines | 22.23 Bn | 18.43 Bn | 7.33 Bn | 92.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.86 Bn | 8.04 Bn | - | -81.00 Mn |
| 6 | Copa Holdings | 5.71 Bn | 4.37 Bn | 713.71 Mn | -27.48 Mn |
| 7 | Alaska Air | 5.42 Bn | 3.65 Bn | 3.20 Bn | 76.00 Mn |
| 8 | Skywest | 4.28 Bn | 3.68 Bn | 1.01 Bn | 125.12 Mn |
| 9 | Jetblue Airways | 2.02 Bn | 1.61 Bn | 1.87 Bn | 144.00 Mn |
| 10 | Allegiant Travel | 1.81 Bn | 912.71 Mn | 651.87 Mn | 1.79 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.00 Mn |
| Jun 30, 2026 | 92.00 Mn |
| Mar 31, 2026 | 54.00 Mn |
| Mar 31, 2026 | 54.00 Mn |
| Dec 31, 2025 | 157.00 Mn |
| Dec 31, 2025 | 157.00 Mn |
| Sep 30, 2025 | 35.00 Mn |
| Sep 30, 2025 | 35.00 Mn |
| Jun 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 53.00 Mn |
| Mar 31, 2025 | 46.00 Mn |
| Mar 31, 2025 | 46.00 Mn |
| Dec 31, 2024 | 58.00 Mn |
| Dec 31, 2024 | 58.00 Mn |
| Sep 30, 2024 | 63.00 Mn |
| Sep 30, 2024 | 63.00 Mn |
| Jun 30, 2024 | 92.00 Mn |
| Jun 30, 2024 | 92.00 Mn |
| Mar 31, 2024 | 65.00 Mn |
| Mar 31, 2024 | 65.00 Mn |