Southwest Airlines (LUV) Profit After Tax (2009 - 2026)
Southwest Airlines' (LUV) quarterly Profit After Tax came in at $256.0 million in Q2 2026, up 20.19% YoY 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 18 years of Profit After Tax data on file, last reported at $256.0 million 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 rose to $256.0 million in Q2 2026, from $250.0 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $674.0 million in Q2 2022 to a low of -$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 slumped 236.0% — and 2026, when it surged 268.92%.
- Tracing LUV's Profit After Tax over 5 years: 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 advanced by 16.48% to $304.0 million in 2025, then slipped by 15.79% to $256.0 million in 2026.
- The last three Profit After Tax figures came in at $256.0 million (Q2 2026), $250.0 million (Q1 2026), and $304.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 1.64 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 625.00 Mn |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 256.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 280.64 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -76.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 100.70 Mn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | -4.86 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | -247.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | -90.00 Mn |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 31.20 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 |