Southwest Airlines (LUV) Profit After Tax (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Profit After Tax of $256.0 million for Q2 2026, up 20.19% year-on-year from $213.0 million in Q2 2025, and up 2.4% on a QoQ basis from $250.0 million in Q1 2026.
Southwest Airlines (LUV) Profit After Tax (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Profit After Tax for 18 consecutive years, with $256.0 million the latest figure, recorded in Q2 2026.
- Quarterly Profit After Tax rose 20.19% year-over-year to $256.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $893.0 million (up 127.23% YoY) and the FY2025 annual result came in at $441.0 million, down 5.16% from the prior year.
- Profit After Tax climbed to $256.0 million in Q2 2026 per LUV's latest filing, from $250.0 million in the prior quarter.
- Over the last five years, Profit After Tax for LUV reached as high as $674.0 million in Q2 2022 and fell as low as -$306.0 million in Q1 2023.
- A 5-year average of $150.6 million and a median of $237.5 million in 2022 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2023 — Profit After Tax sank 236.0% — and 2026, when it soared 268.92%.
- Year by year, Profit After Tax stood at -$220.0 million in 2022, then dropped by 14.55% to -$252.0 million in 2023, then surged by 203.57% to $261.0 million in 2024, then increased by 16.48% to $304.0 million in 2025, then fell by 15.79% to $256.0 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered $256.0 million, $250.0 million, and $304.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 577,691.00 |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | 611.94 Mn |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 1.60 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 256.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | -127.00 Mn |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 211.29 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | -193.00 Mn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 100.70 Mn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | -319.00 Mn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 42.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 256.00 Mn |
| Mar 31, 2026 | 250.00 Mn |
| Dec 31, 2025 | 304.00 Mn |
| Sep 30, 2025 | 83.00 Mn |
| Jun 30, 2025 | 213.00 Mn |
| Mar 31, 2025 | -148.00 Mn |
| Dec 31, 2024 | 261.00 Mn |
| Sep 30, 2024 | 67.00 Mn |
| Jun 30, 2024 | 359.00 Mn |
| Mar 31, 2024 | -212.00 Mn |
| Dec 31, 2023 | -252.00 Mn |
| Sep 30, 2023 | 336.00 Mn |
| Jun 30, 2023 | 544.00 Mn |
| Mar 31, 2023 | -306.00 Mn |
| Dec 31, 2022 | -220.00 Mn |
| Sep 30, 2022 | 277.00 Mn |
| Jun 30, 2022 | 674.00 Mn |
| Mar 31, 2022 | 225.00 Mn |
| Dec 31, 2021 | -323.00 Mn |
| Sep 30, 2021 | 577.00 Mn |