Southwest Airlines (LUV) Revenue (2009 - 2026)
Southwest Airlines' (LUV) quarterly Revenue came in at $8.4 billion in Q2 2026, up 16.4% on a YoY basis from $7.2 billion in Q2 2025, and up 16.32% quarter-over-quarter from $7.2 billion in Q1 2026.
Analysis
Southwest Airlines (LUV) Revenue (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Revenue for 18 consecutive years, with $8.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue rose 16.4% year-over-year to $8.4 billion; the trailing twelve-month figure through Jun 2026 stood at $30.1 billion (up 9.46% YoY), and the FY2025 full-year result was $28.1 billion, up 2.11% from the prior year.
- Revenue climbed to $8.4 billion in Q2 2026 per LUV's latest filing, from $7.2 billion in the prior quarter.
- Across five years, Revenue topped out at $8.4 billion in Q2 2026 and bottomed at $4.7 billion in Q1 2022.
- Historically, Revenue has averaged $6.7 billion across 5 years, with a median of $6.8 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Revenue surged 128.75% in 2022, then fell 1.5% in 2025.
- Over 5 years, Revenue stood at $6.2 billion in 2022, then advanced by 10.55% to $6.8 billion in 2023, then grew by 1.57% to $6.9 billion in 2024, then increased by 7.39% to $7.4 billion in 2025, then grew by 13.3% to $8.4 billion in 2026.
- According to Business Quant data, Revenue over the past three periods registered $8.4 billion, $7.2 billion, and $7.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 19.76 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 5.10 Bn |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 8.43 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 1.06 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 4.07 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 1.10 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | 1.48 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 943.49 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 2.70 Bn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | 1.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.43 Bn |
| Mar 31, 2026 | 7.25 Bn |
| Dec 31, 2025 | 7.44 Bn |
| Sep 30, 2025 | 6.95 Bn |
| Jun 30, 2025 | 7.24 Bn |
| Mar 31, 2025 | 6.43 Bn |
| Dec 31, 2024 | 6.93 Bn |
| Sep 30, 2024 | 6.87 Bn |
| Jun 30, 2024 | 7.35 Bn |
| Mar 31, 2024 | 6.33 Bn |
| Dec 31, 2023 | 6.82 Bn |
| Sep 30, 2023 | 6.53 Bn |
| Jun 30, 2023 | 7.04 Bn |
| Mar 31, 2023 | 5.71 Bn |
| Dec 31, 2022 | 6.17 Bn |
| Sep 30, 2022 | 6.22 Bn |
| Jun 30, 2022 | 6.73 Bn |
| Mar 31, 2022 | 4.69 Bn |
| Dec 31, 2021 | 5.05 Bn |
| Sep 30, 2021 | 4.68 Bn |