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Southwest Airlines (LUV)
NYSE:LUV
US Market
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Southwest Airlines (LUV) Income Statement

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Southwest Airlines Income Statement

Last quarter (Q1 2026), Southwest Airlines's total revenue was $7.25B, an increase of 12.77% from the same quarter last year. In Q1, Southwest Airlines's net income was $227.00M. See Southwest Airlines’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 28.06B$ 27.48B$ 26.09B$ 23.81B$ 15.79B
Gross Profit
$ 4.89B$ 4.46B$ 4.22B$ 4.75B$ 4.12B
Operating Expenses
$ 4.47B$ 4.14B$ 4.00B$ 3.73B$ 2.39B
Depreciation and Amortization
$ 1.56B$ 1.66B$ 1.52B$ 1.35B$ 1.27B
EBITDA
$ 2.24B$ 2.47B$ 2.39B$ 2.38B$ 3.03B
Operating Income
$ 428.00M$ 321.00M$ 224.00M$ 1.02B$ 1.72B
Other Income/Expenses
$ 135.00M$ 277.00M$ 409.00M$ -289.00M$ -396.00M
Pretax Income
$ 563.00M$ 598.00M$ 633.00M$ 728.00M$ 1.32B
Net Income
$ 441.00M$ 465.00M$ 465.00M$ 539.00M$ 977.00M
Per Share Metrics
Basic EPS
$ 0.82$ 0.81$ 0.81$ 0.91$ 1.65
Diluted EPS
$ 0.79$ 0.75$ 0.76$ 0.87$ 1.61
Weighted Average Shares Outstanding
540.00M 598.00M 595.00M 593.00M 592.00M
Weighted Average Shares Outstanding (Diluted)
558.00M 643.00M 640.00M 642.00M 609.00M
Currency in USD

Southwest Airlines Earnings and Revenue History