Southwest Airlines (LUV) Net Income towards Common Stockholders (2009 - 2026)
Southwest Airlines posted quarterly Net Income towards Common Stockholders of $227.0 million for Q1 2026, up 252.35% year-on-year from $64.4 million in Q1 2025, and down 29.72% on a QoQ basis from $323.0 million in Q4 2025.
Southwest Airlines (LUV) has 18 years of Net Income towards Common Stockholders data on file, last reported at $227.0 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income towards Common Stockholders rose 252.35% year-over-year to $227.0 million; the trailing twelve-month figure through Mar 2026 stood at $817.0 million (up 49.63% YoY), and the FY2025 full-year result was $441.0 million, down 5.16% from the prior year.
- Net Income towards Common Stockholders for Q1 2026 stood at $227.0 million, down from $323.0 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.
- The 5-year median for Net Income towards Common Stockholders is $193.0 million (2023), against an average of $125.6 million.
- The widest annual swing landed in 2022, when Net Income towards Common Stockholders sank 423.53%; it then soared 252.35% in 2026.
- A 5-year view of Net Income towards Common Stockholders shows it stood at -$220.0 million in 2022, then decreased by 14.55% to -$252.0 million in 2023, then soared by 203.57% to $261.0 million in 2024, then increased by 23.75% to $323.0 million in 2025, then slipped by 29.72% to $227.0 million in 2026.
- The last three Net Income towards Common Stockholders figures came in at $227.0 million (Q1 2026), $323.0 million (Q4 2025), and $54.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | -289.00 Mn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 227.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 13.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | -107.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -193.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 101.69 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 191.96 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -319.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 42.48 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -272.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 348.00 Mn |
| Mar 31, 2021 | 116.00 Mn |
| Dec 31, 2020 | -908.00 Mn |
| Sep 30, 2020 | -1.16 Bn |
| Jun 30, 2020 | -915.00 Mn |
| Mar 31, 2020 | -94.00 Mn |
| Dec 31, 2019 | 513.00 Mn |
| Sep 30, 2019 | 659.00 Mn |
| Jun 30, 2019 | 741.00 Mn |
| Mar 31, 2019 | 387.00 Mn |
| Dec 31, 2018 | 654.00 Mn |
| Sep 30, 2018 | 615.00 Mn |
| Jun 30, 2018 | 733.00 Mn |
| Mar 31, 2018 | 463.00 Mn |
| Dec 31, 2017 | 1.75 Bn |
| Sep 30, 2017 | 528.00 Mn |
| Jun 30, 2017 | 743.00 Mn |
| Mar 31, 2017 | 339.00 Mn |
| Dec 31, 2016 | 558.00 Mn |
| Sep 30, 2016 | 388.00 Mn |
| Jun 30, 2016 | 820.00 Mn |
| Mar 31, 2016 | 513.00 Mn |
| Dec 31, 2015 | 536.00 Mn |
| Sep 30, 2015 | 584.00 Mn |
| Jun 30, 2015 | 608.00 Mn |
| Mar 31, 2015 | 453.00 Mn |
| Dec 31, 2014 | 191.00 Mn |
| Sep 30, 2014 | 329.00 Mn |
| Jun 30, 2014 | 465.00 Mn |
| Mar 31, 2014 | 152.00 Mn |
| Dec 31, 2013 | 213.00 Mn |
| Sep 30, 2013 | 259.00 Mn |
| Jun 30, 2013 | 224.00 Mn |
| Mar 31, 2013 | 59.00 Mn |
| Dec 31, 2012 | 78.00 Mn |
| Sep 30, 2012 | 16.00 Mn |
| Jun 30, 2012 | 228.00 Mn |
| Mar 31, 2012 | 98.00 Mn |
| Dec 31, 2011 | 152.00 Mn |
| Sep 30, 2011 | -140.00 Mn |
| Jun 30, 2011 | 161.00 Mn |
| Mar 31, 2011 | 5.00 Mn |
| Dec 31, 2010 | 131.00 Mn |
| Sep 30, 2010 | 205.00 Mn |
| Jun 30, 2010 | 184.00 Mn |
| Mar 31, 2010 | 11.00 Mn |
| Dec 31, 2009 | 116.00 Mn |
| Sep 30, 2009 | -16.00 Mn |
| Jun 30, 2009 | 91.00 Mn |
| Mar 31, 2009 | -91.00 Mn |