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

Southwest Airlines (LUV) has 18 years of Interest Expenses data on file, last reported 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.
• Across five years, Interest Expenses topped out at $93.0 million in Q1 2022 and bottomed at $35.0 million in Q3 2025.
• The 5-year median for Interest Expenses is $63.0 million (2023), against an average of $62.9 million.
• The widest annual swing landed in 2022, when Interest Expenses tumbled 45.16%; it then climbed 17.39% in 2026.
• A 5-year view of Interest Expenses shows it stood at $68.0 million in 2022, then dropped by 2.94% to $66.0 million in 2023, then declined by 12.12% to $58.0 million in 2024, then dropped by 18.97% to $47.0 million in 2025, then gained 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.

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