Southwest Airlines (LUV) Net Income towards Common Stockholders (2009 - 2026)
Southwest Airlines' (LUV) quarterly Net Income towards Common Stockholders came in at $233.0 million in Q2 2026, up 9.39% on a YoY basis from $213.0 million in Q2 2025, and up 2.64% quarter-over-quarter from $227.0 million in Q1 2026.
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Southwest Airlines (LUV) Net Income towards Common Stockholders (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Net Income towards Common Stockholders for 18 consecutive years, with $233.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Income towards Common Stockholders rose 9.39% year-over-year to $233.0 million; the trailing twelve-month figure through Jun 2026 stood at $837.0 million (up 113.52% YoY), and the FY2025 full-year result was $441.0 million, down 5.16% from the prior year.
- Net Income towards Common Stockholders advanced to $233.0 million in Q2 2026 per LUV's latest filing, from $227.0 million in the prior quarter.
- Across five years, Net Income towards Common Stockholders topped out at $760.0 million in Q2 2022 and bottomed at -$278.0 million in Q1 2022.
- Historically, Net Income towards Common Stockholders has averaged $131.6 million across 5 years, with a median of $203.0 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Net Income towards Common Stockholders plunged 423.53% in 2022, then jumped 252.35% in 2026.
- Over 5 years, Net Income towards Common Stockholders stood at -$220.0 million in 2022, then slipped by 14.55% to -$252.0 million in 2023, then jumped by 203.57% to $261.0 million in 2024, then rose by 23.75% to $323.0 million in 2025, then slipped by 27.86% to $233.0 million in 2026.
- According to Business Quant data, Net Income towards Common Stockholders over the past three periods registered $233.0 million, $227.0 million, and $323.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | 1.60 Bn |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 625.00 Mn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | 233.00 Mn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | 86.39 Mn |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | -76.00 Mn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 100.70 Mn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | -58.00 Mn |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | -4.82 Mn |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | -247.00 Mn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | -90.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233.00 Mn |
| Mar 31, 2026 | 227.00 Mn |
| Dec 31, 2025 | 323.00 Mn |
| Sep 30, 2025 | 54.00 Mn |
| Jun 30, 2025 | 213.00 Mn |
| Mar 31, 2025 | -149.00 Mn |
| Dec 31, 2024 | 261.00 Mn |
| Sep 30, 2024 | 67.00 Mn |
| Jun 30, 2024 | 367.00 Mn |
| Mar 31, 2024 | -231.00 Mn |
| Dec 31, 2023 | -252.00 Mn |
| Sep 30, 2023 | 193.00 Mn |
| Jun 30, 2023 | 683.00 Mn |
| Mar 31, 2023 | -159.00 Mn |
| Dec 31, 2022 | -220.00 Mn |
| Sep 30, 2022 | 277.00 Mn |
| Jun 30, 2022 | 760.00 Mn |
| Mar 31, 2022 | -278.00 Mn |
| Dec 31, 2021 | 68.00 Mn |
| Sep 30, 2021 | 446.00 Mn |
API Access
Southwest Airlines Net Income towards Common Stockholders API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income-towards-common-stockholders&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income-towards-common-stockholders", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income-towards-common-stockholders&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();