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
DateValue
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