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Southwest Airlines Co

NYSE: LUV · USD

Southwest Airlines Co revenue65

Quarterly and annual revenue from company filings.

Business drivers

Business lines and operating measures.

Passenger revenue

Reported quarterly Passenger revenue. Quarterly figures · USD

Passenger revenue. Reported quarterly Passenger revenue. Unit: USD. All reporting dates and source links follow.
Period endedUSDReport
Sep 30, 2026From Jul 1, 20267,754,000,000Filed Oct 22, 2026
Jun 30, 2026From Apr 1, 20267,745,000,000Filed Jul 23, 2026
Sep 30, 2025From Jul 1, 20256,313,000,000Filed Oct 22, 2026
Jun 30, 2025From Apr 1, 20256,627,000,000Filed Jul 23, 2026

Freight revenue

Reported quarterly Freight revenue. Quarterly figures · USD

Freight revenue. Reported quarterly Freight revenue. Unit: USD. All reporting dates and source links follow.
Period endedUSDReport
Sep 30, 2026From Jul 1, 202648,000,000Filed Oct 22, 2026
Jun 30, 2026From Apr 1, 202650,000,000Filed Jul 23, 2026
Sep 30, 2025From Jul 1, 202542,000,000Filed Oct 22, 2026
Jun 30, 2025From Apr 1, 202544,000,000Filed Jul 23, 2026

Loyalty program revenue

Reported quarterly Loyalty program revenue. Quarterly figures · USD

Loyalty program revenue. Reported quarterly Loyalty program revenue. Unit: USD. All reporting dates and source links follow.
Period endedUSDReport
Sep 30, 2026From Jul 1, 2026563,000,000Filed Oct 22, 2026
Jun 30, 2026From Apr 1, 2026578,000,000Filed Jul 23, 2026
Sep 30, 2025From Jul 1, 2025557,000,000Filed Oct 22, 2026
Jun 30, 2025From Apr 1, 2025536,000,000Filed Jul 23, 2026

Independent series; they may overlap and do not form an additive breakdown.

  • Passenger revenue includes a reversal of previously recognized breakage revenue that affects comparability.

Products & projects

Getaways by Southwest

•Getaways by Southwest™: Southwest launched a new in-house vacation product, Getaways by Southwest (“Getaways”), in August 2025 to offer customizable vacation packages that come with Customer-friendly policies including a generous cancellation policy and flexibility with no change fees.

Filed · source for Getaways by Southwest

Global Airline Partnerships

•Global Airline Partnerships: In 2025, Southwest launched its first partnerships with international carriers to expand its network and connect Customers with more global destinations to generate additional demand for travel across the Southwest network.

Filed · source for Global Airline Partnerships

Revenue history

USD millions · Fiscal periods
Mar 31, 2009 through Sep 30, 2026

Quarterly data

Southwest Airlines Co quarterly financial data in USD millions. FY denotes the company's fiscal year. YTD covers reported quarters only.
Fiscal quarterEndedTotal revenueUSD millions
FY 2026 Q3Sep 30, 20268,422, −0.1% versus FY 2026 Q2
FY 2026 Q2Jun 30, 20268,432, +16.3% versus FY 2026 Q1
FY 2026 Q1Mar 31, 20267,249, −2.6% versus FY 2025 Q4
FY 2025 Q4Dec 31, 20257,442, +7.1% versus FY 2025 Q3
FY 2025 Q3Sep 30, 20256,949, −4.1% versus FY 2025 Q2
FY 2025 Q2Jun 30, 20257,244, +12.7% versus FY 2025 Q1
FY 2025 Q1Mar 31, 20256,428, −7.2% versus FY 2024 Q4
FY 2024 Q4Dec 31, 20246,930, +0.9% versus FY 2024 Q3
FY 2024 Q3Sep 30, 20246,870, −6.6% versus FY 2024 Q2
FY 2024 Q2Jun 30, 20247,354, +16.2% versus FY 2024 Q1
FY 2024 Q1Mar 31, 20246,329, −7.2% versus FY 2023 Q4
FY 2023 Q4Dec 31, 20236,823, +4.6% versus FY 2023 Q3
FY 2023 Q3Sep 30, 20236,525, −7.3% versus FY 2023 Q2
FY 2023 Q2Jun 30, 20237,037, +23.3% versus FY 2023 Q1
FY 2023 Q1Mar 31, 20235,706, −7.6% versus FY 2022 Q4
FY 2022 Q4Dec 31, 20226,172, −0.8% versus FY 2022 Q3
FY 2022 Q3Sep 30, 20226,220, −7.6% versus FY 2022 Q2
FY 2022 Q2Jun 30, 20226,728, +43.3% versus FY 2022 Q1
FY 2022 Q1Mar 31, 20224,694, −7.1% versus FY 2021 Q4
FY 2021 Q4Dec 31, 20215,051, +8.0% versus FY 2021 Q3
FY 2021 Q3Sep 30, 20214,679, +16.7% versus FY 2021 Q2
FY 2021 Q2Jun 30, 20214,008, +95.3% versus FY 2021 Q1
FY 2021 Q1Mar 31, 20212,052, +1.9% versus FY 2020 Q4
FY 2020 Q4Dec 31, 20202,013, +12.3% versus FY 2020 Q3
FY 2020 Q3Sep 30, 20201,793, +77.9% versus FY 2020 Q2
FY 2020 Q2Jun 30, 20201,008, −76.2% versus FY 2020 Q1
FY 2020 Q1Mar 31, 20204,234, −26.1% versus FY 2019 Q4
FY 2019 Q4Dec 31, 20195,729, +1.6% versus FY 2019 Q3
FY 2019 Q3Sep 30, 20195,639, −4.6% versus FY 2019 Q2
FY 2019 Q2Jun 30, 20195,909, +14.8% versus FY 2019 Q1
FY 2019 Q1Mar 31, 20195,149, −9.7% versus FY 2018 Q4
FY 2018 Q4Dec 31, 20185,704, +2.3% versus FY 2018 Q3
FY 2018 Q3Sep 30, 20185,575, −2.9% versus FY 2018 Q2
FY 2018 Q2Jun 30, 20185,742, +16.1% versus FY 2018 Q1
FY 2018 Q1Mar 31, 20184,944, −6.3% versus FY 2017 Q4
FY 2017 Q4Dec 31, 20175,274, +0.1% versus FY 2017 Q3
FY 2017 Q3Sep 30, 20175,271, −8.2% versus FY 2017 Q2
FY 2017 Q2Jun 30, 20175,744, +17.6% versus FY 2017 Q1
FY 2017 Q1Mar 31, 20174,883, −3.8% versus FY 2016 Q4
FY 2016 Q4Dec 31, 20165,076, −1.2% versus FY 2016 Q3
FY 2016 Q3Sep 30, 20165,139, −4.6% versus FY 2016 Q2
FY 2016 Q2Jun 30, 20165,384, +11.6% versus FY 2016 Q1
FY 2016 Q1Mar 31, 20164,826, −3.0% versus FY 2015 Q4
FY 2015 Q4Dec 31, 20154,977, −6.4% versus FY 2015 Q3
FY 2015 Q3Sep 30, 20155,318, +4.1% versus FY 2015 Q2
FY 2015 Q2Jun 30, 20155,111, +15.8% versus FY 2015 Q1
FY 2015 Q1Mar 31, 20154,414, −4.6% versus FY 2014 Q4
FY 2014 Q4Dec 31, 20144,628, −3.6% versus FY 2014 Q3
FY 2014 Q3Sep 30, 20144,800, −4.2% versus FY 2014 Q2
FY 2014 Q2Jun 30, 20145,011, +20.3% versus FY 2014 Q1
FY 2014 Q1Mar 31, 20144,166, −5.9% versus FY 2013 Q4
FY 2013 Q4Dec 31, 20134,428, −2.6% versus FY 2013 Q3
FY 2013 Q3Sep 30, 20134,545, −2.1% versus FY 2013 Q2
FY 2013 Q2Jun 30, 20134,643, +13.7% versus FY 2013 Q1
FY 2013 Q1Mar 31, 20134,084, −2.1% versus FY 2012 Q4
FY 2012 Q4Dec 31, 20124,173, −3.2% versus FY 2012 Q3
FY 2012 Q3Sep 30, 20124,309, −6.7% versus FY 2012 Q2
FY 2012 Q2Jun 30, 20124,616, +15.7% versus FY 2012 Q1
FY 2012 Q1Mar 31, 20123,991, −2.8% versus FY 2011 Q4
FY 2011 Q4Dec 31, 20114,108, −4.7% versus FY 2011 Q3
FY 2011 Q3Sep 30, 20114,311, +104231041.2% versus FY 2011 Q2
FY 2011 Q2Jun 30, 20110.004, −100.0% versus FY 2011 Q1
FY 2011 Q1Mar 31, 20113,103, −0.4% versus FY 2010 Q4
FY 2010 Q4Dec 31, 20103,114, −2.4% versus FY 2010 Q3
FY 2010 Q3Sep 30, 20103,192, +0.8% versus FY 2010 Q2
FY 2010 Q2Jun 30, 20103,168, +20.5% versus FY 2010 Q1
FY 2010 Q1Mar 31, 20102,630, −3.0% versus FY 2009 Q4
FY 2009 Q4Dec 31, 20092,712, +1.7% versus FY 2009 Q3
FY 2009 Q3Sep 30, 20092,666, +1.9% versus FY 2009 Q2
FY 2009 Q2Jun 30, 20092,616, +11.0% versus FY 2009 Q1
FY 2009 Q1Mar 31, 20092,357, Change unavailable versus FY 2008 Q4
Sources and definitions

Figures from official company filings and financial reports, in the reported currency. FY identifies the fiscal year; the end date identifies the calendar period. Last checked Oct 19, 2026.

Annual values come from annual filings. Historical quarters retain their reporting basis; rounding and reclassifications can make their sum differ from the annual figure. YTD sums the available fiscal quarters and compares the same quarters of the previous fiscal year.

Missing values are shown as unavailable. Fourth quarters use reported values where available, otherwise the annual amount less the matching nine-month amount.

Total revenue
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.
Annual and quarterly differences
  • FY 2009 · Total revenue: annual 10,350, quarter sum 10,351 USD millions.
  • FY 2011 · Total revenue: annual 15,658, quarter sum 11,522.004 USD millions.
  • FY 2012 · Total revenue: annual 17,088, quarter sum 17,089 USD millions.
  • FY 2013 · Total revenue: annual 17,699, quarter sum 17,700 USD millions.
  • FY 2017 · Total revenue: annual 21,171, quarter sum 21,172 USD millions.
  • FY 2019 · Total revenue: annual 22,428, quarter sum 22,426 USD millions.