Southwest Airlines (LUV) Other Operating Expenses (2009 - 2026)
Southwest Airlines' (LUV) quarterly Other Operating Expenses came in at $8.1 billion in Q2 2026, up 16.07% YoY from $7.0 billion in Q2 2025, and up 17.75% on a QoQ basis from $6.9 billion in Q1 2026.
Southwest Airlines (LUV) Other Operating Expenses (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Other Operating Expenses data on file, last reported at $8.1 billion in Q2 2026.
- Quarterly Other Operating Expenses rose 16.07% year-over-year to $8.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.0 billion (up 6.91% YoY) and the FY2025 annual result came in at $27.6 billion, up 1.74% from the prior year.
- Other Operating Expenses climbed to $8.1 billion in Q2 2026, from $6.9 billion in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $8.1 billion in Q2 2026 to a low of $4.8 billion in Q1 2022.
- A 5-year average of $6.6 billion and a median of $6.7 billion in 2024 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2022 — Other Operating Expenses surged 161.47% — and 2024, when it slipped 7.96%.
- Tracing LUV's Other Operating Expenses over 5 years: stood at $6.6 billion in 2022, then increased by 10.22% to $7.2 billion in 2023, then dropped by 7.96% to $6.7 billion in 2024, then gained by 6.0% to $7.1 billion in 2025, then advanced by 15.54% to $8.1 billion in 2026.
- The last three Other Operating Expenses figures came in at $8.1 billion (Q2 2026), $6.9 billion (Q1 2026), and $7.1 billion (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.15 Bn |
| Mar 31, 2026 | 6.92 Bn |
| Dec 31, 2025 | 7.05 Bn |
| Sep 30, 2025 | 6.91 Bn |
| Jun 30, 2025 | 7.02 Bn |
| Mar 31, 2025 | 6.65 Bn |
| Dec 31, 2024 | 6.65 Bn |
| Sep 30, 2024 | 6.83 Bn |
| Jun 30, 2024 | 6.96 Bn |
| Mar 31, 2024 | 6.72 Bn |
| Dec 31, 2023 | 7.23 Bn |
| Sep 30, 2023 | 6.41 Bn |
| Jun 30, 2023 | 6.24 Bn |
| Mar 31, 2023 | 5.99 Bn |
| Dec 31, 2022 | 6.56 Bn |
| Sep 30, 2022 | 5.83 Bn |
| Jun 30, 2022 | 5.57 Bn |
| Mar 31, 2022 | 4.85 Bn |
| Dec 31, 2021 | 4.86 Bn |
| Sep 30, 2021 | 3.95 Bn |