Southwest Airlines (LUV) Interest Expenses (2009 - 2026)

Southwest Airlines has reported Interest Expenses for 18 years, with the latest figure at $54.0 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expenses rose 17.39% year-over-year to $54.0 million; the trailing twelve-month figure through Mar 2026 stood at $175.0 million (down 23.91% YoY), and the FY2025 full-year result was $167.0 million, down 32.93% from the prior year.
• Interest Expenses for Q1 2026 stood at $54.0 million, up from $47.0 million in the prior quarter.
• The five-year high for Interest Expenses was $93.0 million in Q1 2022, with the low at $35.0 million in Q3 2025.
• Historically, Interest Expenses has averaged $62.9 million across 5 years, with a median of $63.0 million in 2023.
• Annual changes were most pronounced in 2022 — Interest Expenses sank 45.16% — and 2026, when it climbed 17.39%.
• Southwest Airlines' Interest Expenses stood at $68.0 million in 2022, then slipped by 2.94% to $66.0 million in 2023, then dropped by 12.12% to $58.0 million in 2024, then slipped by 18.97% to $47.0 million in 2025, then rose by 14.89% to $54.0 million in 2026.
• The last three Interest Expenses figures came in at $54.0 million (Q1 2026), $47.0 million (Q4 2025), and $35.0 million (Q3 2025), per Business Quant data.