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.

• For the quarter ending Q2 2026, Tax Provisions rose 8.96% year-over-year to $73.0 million; the trailing twelve-month figure through Jun 2026 stood at $230.0 million (up 101.75% YoY), and the FY2025 full-year result was $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.
• Across five years, Tax Provisions topped out at $276.0 million in Q2 2022 and bottomed at -$98.0 million in Q1 2022.
• Historically, Tax Provisions has averaged $41.3 million across 5 years, with a median of $51.0 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Tax Provisions plunged 822.22% in 2022, then surged 300.0% in 2024.
• Over 5 years, Tax Provisions stood at -$65.0 million in 2022, then surged by 47.69% to -$34.0 million in 2023, then soared by 300.0% to $68.0 million in 2024, then increased by 25.0% to $85.0 million in 2025, then slipped 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.