Southwest Airlines Co. (LUV)
NYSE: LUV
· Real-Time Price · USD
31.47
0.77 (2.51%)
At close: Aug 15, 2025, 3:59 PM
31.55
0.25%
After-hours: Aug 15, 2025, 05:42 PM EDT
Southwest Airlines Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 27.47B | 27.58B | 27.48B | 27.38B | 27.03B | 26.71B | 26.09B | 25.44B | 25.14B | 24.83B | 23.81B | 22.69B | 21.15B | 18.43B | 15.79B | 12.75B | 9.87B | 6.87B |
Cost of Revenue | 18.52B | 22.9B | 23.02B | 23.34B | 23.03B | 22.51B | 21.87B | 20.94B | 20.5B | 19.99B | 19.06B | 18.07B | 16.35B | 14.4B | 11.67B | 10.16B | 9.6B | 8.68B |
Gross Profit | 8.95B | 4.68B | 4.46B | 4.04B | 4B | 4.2B | 4.22B | 4.5B | 4.64B | 4.84B | 4.75B | 4.62B | 4.8B | 4.03B | 4.12B | 2.59B | 270M | -1.82B |
Operating Income | 318M | 491M | 345M | -337M | -258M | 139M | 363M | 542M | 820M | 1.18B | 1.04B | 1.46B | 1.79B | 1.23B | 1.72B | 357M | -1.79B | -3.51B |
Interest Income | 364M | 440M | 497M | 550M | 585M | 599M | 583M | 541M | 455M | 339M | 217M | 108M | 40M | 14M | 13M | 8M | 10M | 17M |
Pretax Income | 506M | 704M | 598M | -17M | 131M | 539M | 632M | 632M | 748M | 898M | 727M | 1.09B | 1.34B | 804M | 1.33B | -83M | -2.23B | -3.97B |
Net Income | 392M | 546M | 464M | -49M | 77M | 393M | 465M | 497M | 581M | 658M | 539M | 827M | 996M | 584M | 978M | 2M | -1.6B | -2.86B |
Selling & General & Admin | n/a | 1.09B | 2.11B | 3.24B | 4.19B | 4.05B | 3.99B | 4.25B | 4.11B | 3.95B | 3.73B | 3.02B | 2.86B | 2.66B | 1.93B | 1.4B | 742M | 157M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 4.25B | 3.12B | 2.03B | 1.08B | 4M | 11M | 11M | 9M | 7M | n/a | n/a | n/a | n/a | n/a | 48M | -15M | -50M | -82M |
Operating Expenses | 4.25B | 4.21B | 4.13B | 4.32B | 4.2B | 4.06B | 4B | 4.26B | 4.12B | 3.96B | 3.73B | 3.02B | 2.87B | 2.66B | 2.4B | 2.23B | 2.06B | 1.69B |
Interest Expense | 162M | 191M | 214M | 225M | 230M | 235M | 237M | 239M | 255M | 277M | 301M | 355M | 386M | 412M | 431M | 419M | 413M | 394M |
Selling & Marketing Expenses | n/a | n/a | n/a | 266M | 266M | 266M | 266M | 224M | 224M | 224M | 224M | 185M | 185M | 185M | 185M | 156M | 156M | 156M |
Cost & Expenses | 27.15B | 27.09B | 27.14B | 27.71B | 27.29B | 26.57B | 25.87B | 25.2B | 24.61B | 23.94B | 22.8B | 21.1B | 19.22B | 17.06B | 14.07B | 12.39B | 11.65B | 10.37B |
Income Tax Expense | 114M | 158M | 134M | 32M | 54M | 146M | 167M | 135M | 167M | 240M | 188M | 264M | 342M | 220M | 348M | -85M | -624M | -1.1B |
Shares Outstanding (Basic) | 538M | 584M | 595M | 599M | 599M | 597M | 596M | 596M | 595M | 594M | 594M | 627.67M | 631.68M | 591.49M | 592M | 592M | 591M | 591M |
Shares Outstanding (Diluted) | 541M | 584M | 641M | 601M | 643M | 597M | 596M | 640M | 639M | 594M | 594M | 639M | 635M | 592M | 603M | 607M | 615M | 609M |
EPS (Basic) | 0.67 | 0.92 | 0.79 | -0.03 | 0.18 | 0.71 | 0.83 | 0.83 | 0.95 | 1.00 | 0.80 | 1.28 | 1.59 | 0.98 | 1.65 | n/a | -2.71 | -4.93 |
EPS (Diluted) | 0.64 | 0.85 | 0.72 | -0.07 | 0.12 | 0.61 | 0.73 | 0.73 | 0.86 | 0.99 | 0.79 | 1.27 | 1.57 | 0.94 | 1.60 | -0.05 | -2.74 | -4.94 |
EBITDA | 2.31B | 2.54B | 2.47B | 1.87B | 1.96B | 2.34B | 2.39B | 2.35B | 2.44B | 2.57B | 2.38B | 2.75B | 3.02B | 2.5B | 3.03B | 1.59B | -566M | -2.33B |
EBIT | 668M | 895M | 812M | 208M | 361M | 774M | 869M | 872M | 1B | 1.18B | 1.03B | 1.45B | 1.72B | 1.22B | 1.76B | 336M | -1.81B | -3.57B |
Depreciation & Amortization | 1.64B | 1.65B | 1.66B | 1.67B | 1.6B | 1.56B | 1.52B | 1.47B | 1.43B | 1.39B | 1.35B | 1.31B | 1.29B | 1.28B | 1.27B | 1.26B | 1.26B | 1.26B |