Southwest Airlines (LUV) Revenue (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Revenue of $8.4 billion for Q2 2026, up 16.4% year-on-year from $7.2 billion in Q2 2025, and up 16.32% on a QoQ basis from $7.2 billion in Q1 2026.
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.
- Quarterly Revenue rose 16.4% year-over-year to $8.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.1 billion (up 9.46% YoY) and the FY2025 annual result came in at $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.
- Over the last five years, Revenue for LUV reached as high as $8.4 billion in Q2 2026 and fell as low as $4.7 billion in Q1 2022.
- A 5-year average of $6.7 billion and a median of $6.8 billion in 2023 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue surged 128.75% — and 2025, when it fell 1.5%.
- Year by year, Revenue stood at $6.2 billion in 2022, then climbed by 10.55% to $6.8 billion in 2023, then increased by 1.57% to $6.9 billion in 2024, then rose by 7.39% to $7.4 billion in 2025, then increased 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 4.15 Bn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | - |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 19.76 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 8.43 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | 859.00 Mn |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 962.89 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | 3.30 Bn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 1.10 Bn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | 2.24 Bn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 671.80 Mn |
Historic Data
Download 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 |