Southwest Airlines (LUV) Profit After Tax (2009 - 2026)

Southwest Airlines (LUV) reported Profit After Tax of $227.0 million for Q1 2026, up 252.35% on a YoY basis from $64.4 million in Q1 2025, and down 29.72% quarter-over-quarter from $323.0 million in Q4 2025.

Southwest Airlines (LUV) Profit After Tax (2009 - 2026) Analysis & Trends

Southwest Airlines has reported Profit After Tax for 18 years, with the latest figure at $227.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Profit After Tax 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.
  • Profit After Tax for Q1 2026 stood at $227.0 million, down from $323.0 million in the prior quarter.
  • The five-year high for Profit After Tax was $760.0 million in Q2 2022, with the low at -$278.0 million in Q1 2022.
  • Historically, Profit After Tax has averaged $125.6 million across 5 years, with a median of $193.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Profit After Tax tumbled 423.53% — and 2026, when it soared 252.35%.
  • Southwest Airlines' Profit After Tax stood at -$220.0 million in 2022, then retreated by 14.55% to -$252.0 million in 2023, then surged by 203.57% to $261.0 million in 2024, then grew by 23.75% to $323.0 million in 2025, then decreased by 29.72% to $227.0 million in 2026.
  • The last three Profit After Tax 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) PAT (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -463.03 Mn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn -289.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 11.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 227.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 172.62 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn -193.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 101.69 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -71.00 Mn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -319.00 Mn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 42.48 Mn

Historic Data

Download Data
DateValue
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