# Southwest Airlines Co Revenue

NYSE: LUV · Reporting currency: USD

[Interactive page](https://beanvest.com/stock/luv/revenue) · [JSON with these options](https://beanvest.com/stock/luv/revenue.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=7.7) · [Raw filing inputs](https://beanvest.com/api/v2/financials/luv)

Frequency: quarterly. Newest first. Retrieved: 2026-10-22T20:58:06.611Z.
Coverage: 2009-03-31 to 2026-09-30. Rows 1–71 of 71.
Snapshot checked: 2026-10-19T21:59:30.430Z. Last validated: 2026-10-24T15:42:10.857Z.

## Definitions

- **Total revenue** (`total_revenue`, USD_millions): Reported consolidated revenue from the issuer filing. Each observation identifies its accounting concept; bank net revenue is net of interest expense when that concept is reported.

## Values

| Period | End date | Total revenue (USD_millions) |
| --- | --- | --- |
| 2026-Q3 | 2026-09-30 | 8422 |
| 2026-Q2 | 2026-06-30 | 8432 |
| 2026-Q1 | 2026-03-31 | 7249 |
| 2025-Q4 | 2025-12-31 | 7442 |
| 2025-Q3 | 2025-09-30 | 6949 |
| 2025-Q2 | 2025-06-30 | 7244 |
| 2025-Q1 | 2025-03-31 | 6428 |
| 2024-Q4 | 2024-12-31 | 6930 |
| 2024-Q3 | 2024-09-30 | 6870 |
| 2024-Q2 | 2024-06-30 | 7354 |
| 2024-Q1 | 2024-03-31 | 6329 |
| 2023-Q4 | 2023-12-31 | 6823 |
| 2023-Q3 | 2023-09-30 | 6525 |
| 2023-Q2 | 2023-06-30 | 7037 |
| 2023-Q1 | 2023-03-31 | 5706 |
| 2022-Q4 | 2022-12-31 | 6172 |
| 2022-Q3 | 2022-09-30 | 6220 |
| 2022-Q2 | 2022-06-30 | 6728 |
| 2022-Q1 | 2022-03-31 | 4694 |
| 2021-Q4 | 2021-12-31 | 5051 |
| 2021-Q3 | 2021-09-30 | 4679 |
| 2021-Q2 | 2021-06-30 | 4008 |
| 2021-Q1 | 2021-03-31 | 2052 |
| 2020-Q4 | 2020-12-31 | 2013 |
| 2020-Q3 | 2020-09-30 | 1793 |
| 2020-Q2 | 2020-06-30 | 1008 |
| 2020-Q1 | 2020-03-31 | 4234 |
| 2019-Q4 | 2019-12-31 | 5729 |
| 2019-Q3 | 2019-09-30 | 5639 |
| 2019-Q2 | 2019-06-30 | 5909 |
| 2019-Q1 | 2019-03-31 | 5149 |
| 2018-Q4 | 2018-12-31 | 5704 |
| 2018-Q3 | 2018-09-30 | 5575 |
| 2018-Q2 | 2018-06-30 | 5742 |
| 2018-Q1 | 2018-03-31 | 4944 |
| 2017-Q4 | 2017-12-31 | 5274 |
| 2017-Q3 | 2017-09-30 | 5271 |
| 2017-Q2 | 2017-06-30 | 5744 |
| 2017-Q1 | 2017-03-31 | 4883 |
| 2016-Q4 | 2016-12-31 | 5076 |
| 2016-Q3 | 2016-09-30 | 5139 |
| 2016-Q2 | 2016-06-30 | 5384 |
| 2016-Q1 | 2016-03-31 | 4826 |
| 2015-Q4 | 2015-12-31 | 4977 |
| 2015-Q3 | 2015-09-30 | 5318 |
| 2015-Q2 | 2015-06-30 | 5111 |
| 2015-Q1 | 2015-03-31 | 4414 |
| 2014-Q4 | 2014-12-31 | 4628 |
| 2014-Q3 | 2014-09-30 | 4800 |
| 2014-Q2 | 2014-06-30 | 5011 |
| 2014-Q1 | 2014-03-31 | 4166 |
| 2013-Q4 | 2013-12-31 | 4428 |
| 2013-Q3 | 2013-09-30 | 4545 |
| 2013-Q2 | 2013-06-30 | 4643 |
| 2013-Q1 | 2013-03-31 | 4084 |
| 2012-Q4 | 2012-12-31 | 4173 |
| 2012-Q3 | 2012-09-30 | 4309 |
| 2012-Q2 | 2012-06-30 | 4616 |
| 2012-Q1 | 2012-03-31 | 3991 |
| 2011-Q4 | 2011-12-31 | 4108 |
| 2011-Q3 | 2011-09-30 | 4311 |
| 2011-Q2 | 2011-06-30 | 0.004136 |
| 2011-Q1 | 2011-03-31 | 3103 |
| 2010-Q4 | 2010-12-31 | 3114 |
| 2010-Q3 | 2010-09-30 | 3192 |
| 2010-Q2 | 2010-06-30 | 3168 |
| 2010-Q1 | 2010-03-31 | 2630 |
| 2009-Q4 | 2009-12-31 | 2712 |
| 2009-Q3 | 2009-09-30 | 2666 |
| 2009-Q2 | 2009-06-30 | 2616 |
| 2009-Q1 | 2009-03-31 | 2357 |

## Sources

- [sec-0000092380-afde3248fa24](https://data.sec.gov/api/xbrl/companyfacts/CIK0000092380.json) · Retrieved 2026-10-22T20:58:06.611Z · SHA-256 afde3248fa24574b7a683df1deb1a33e300820d8bfb62f25ec82410658735f56
- [inline-0000092380-4c218863d4d5](https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 4c218863d4d5662ba0cb97faf26d2cb3ffd3d6f9f3261e8f9ff574e16f84f86c
- [inline-0000092380-6ff28be1e15e](https://www.sec.gov/Archives/edgar/data/92380/000009238024000027/luv-20231231.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 6ff28be1e15e15661c8cd1232f78a46b51494bcf7c78914afb3041afb9f0bff9
- [inline-0000092380-c16edf971715](https://www.sec.gov/Archives/edgar/data/92380/000009238026000107/luv-20260930.htm) · Retrieved 2026-10-22T20:58:06.611Z · SHA-256 c16edf97171582f7787897e789619ddd6952bae41902ee8a37423e0cfa7915bd

## Data conventions

- Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise.
- Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled.
- FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable.
- SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid.
- Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts.
- Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest.
- Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value.
- Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot.
- WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.