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
DateValue
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