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% on a YoY basis from $213.0 million in Q2 2025, and up 2.4% quarter-over-quarter 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.
- For the quarter ending Q2 2026, Profit After Tax rose 20.19% year-over-year to $256.0 million; the trailing twelve-month figure through Jun 2026 stood at $893.0 million (up 127.23% YoY), and the FY2025 full-year result was $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.
- Across five years, Profit After Tax topped out at $674.0 million in Q2 2022 and bottomed at -$306.0 million in Q1 2023.
- Historically, Profit After Tax has averaged $150.6 million across 5 years, with a median of $237.5 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Profit After Tax tumbled 236.0% in 2023, then soared 268.92% in 2026.
- Over 5 years, Profit After Tax stood at -$220.0 million in 2022, then slipped by 14.55% to -$252.0 million in 2023, then jumped by 203.57% to $261.0 million in 2024, then grew by 16.48% to $304.0 million in 2025, then declined 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 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | 1.64 Bn |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 625.00 Mn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | 256.00 Mn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | 68.18 Mn |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | -76.00 Mn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 100.70 Mn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | -58.00 Mn |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | -4.86 Mn |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | -247.00 Mn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | -90.00 Mn |
Historic 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 |
Southwest Airlines Profit After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=LUV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();