Southwest Airlines (LUV) Tax Provisions (2009 - 2026)

Southwest Airlines (LUV) has reported Tax Provisions for 18 consecutive years, with $73.0 million the latest figure, recorded in Q2 2026.

• Quarterly Tax Provisions rose 8.96% year-over-year to $73.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $230.0 million (up 101.75% YoY) and the FY2025 annual result came in at $122.0 million, down 8.27% from the prior year.
• Tax Provisions advanced to $73.0 million in Q2 2026 per LUV's latest filing, from $58.0 million in the prior quarter.
• Over the last five years, Tax Provisions for LUV reached as high as $276.0 million in Q2 2022 and fell as low as -$98.0 million in Q1 2022.
• A 5-year average of $41.3 million and a median of $51.0 million in 2023 frame the typical range for Tax Provisions.
• Annual changes were most pronounced in 2022 — Tax Provisions slumped 822.22% — and 2024, when it surged 300.0%.
• Year by year, Tax Provisions stood at -$65.0 million in 2022, then soared by 47.69% to -$34.0 million in 2023, then jumped by 300.0% to $68.0 million in 2024, then rose by 25.0% to $85.0 million in 2025, then dropped by 14.12% to $73.0 million in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered $73.0 million, $58.0 million, and $85.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.