Southwest Airlines Co. (LUV)
NYSE: LUV
· Real-Time Price · USD
31.47
0.77 (2.51%)
At close: Aug 15, 2025, 3:59 PM
31.31
-0.51%
After-hours: Aug 15, 2025, 07:58 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 | 7.24B | 6.43B | 6.93B | 6.87B | 7.35B | 6.33B | 6.82B | 6.53B | 7.04B | 5.71B | 6.17B | 6.22B | 6.73B | 4.69B | 5.05B | 4.68B | 4.01B | 2.05B |
Cost of Revenue | 1.43B | 5.56B | 5.78B | 5.75B | 5.81B | 5.68B | 6.1B | 5.45B | 5.29B | 5.04B | 5.17B | 5.01B | 4.78B | 4.11B | 4.17B | 3.28B | 2.83B | 1.39B |
Gross Profit | 5.82B | 867M | 1.15B | 1.12B | 1.55B | 647M | 727M | 1.07B | 1.75B | 668M | 1.01B | 1.21B | 1.95B | 580M | 879M | 1.4B | 1.18B | 662M |
Operating Income | 225M | -223M | 278M | 38M | 398M | -369M | -404M | 117M | 795M | -145M | -225M | 395M | 1.16B | -292M | 195M | 733M | 594M | 199M |
Interest Income | 54M | 84M | 105M | 121M | 130M | 141M | 158M | 156M | 144M | 125M | 116M | 70M | 28M | 3M | 7M | 2M | 2M | 2M |
Pretax Income | 280M | -192M | 329M | 89M | 478M | -298M | -286M | 237M | 886M | -205M | -286M | 353M | 1.04B | -376M | 78M | 600M | 502M | 146M |
Net Income | 213M | -149M | 261M | 67M | 367M | -231M | -252M | 193M | 683M | -159M | -220M | 277M | 760M | -278M | 68M | 446M | 348M | 116M |
Selling & General & Admin | n/a | n/a | n/a | n/a | 1.09B | 1.02B | 1.13B | 956M | 954M | 950M | 1.39B | 817M | 789M | 729M | 682M | 661M | 585M | n/a |
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 | 1.13B | 1.09B | 950M | 1.08B | n/a | n/a | 2M | 2M | 7M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 48M |
Operating Expenses | 1.13B | 1.09B | 950M | 1.08B | 1.09B | 1.02B | 1.13B | 958M | 956M | 952M | 1.39B | 819M | 791M | 731M | 684M | 662M | 586M | 463M |
Interest Expense | 26M | 35M | 47M | 54M | 55M | 58M | 58M | 59M | 60M | 60M | 60M | 75M | 82M | 84M | 114M | 106M | 108M | 103M |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | 266M | n/a | n/a | n/a | 224M | n/a | n/a | n/a | 185M | n/a | n/a | n/a |
Cost & Expenses | 7.02B | 6.65B | 6.65B | 6.83B | 6.96B | 6.7B | 7.23B | 6.41B | 6.24B | 5.99B | 6.56B | 5.83B | 5.57B | 4.84B | 4.86B | 3.95B | 3.41B | 1.85B |
Income Tax Expense | 67M | -43M | 68M | 22M | 111M | -67M | -34M | 44M | 203M | -46M | -66M | 76M | 276M | -98M | 10M | 154M | 154M | 30M |
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) | 0.37 | -0.26 | 0.45 | 0.11 | 0.62 | -0.39 | -0.37 | 0.32 | 1.15 | -0.27 | -0.37 | 0.44 | 1.20 | -0.47 | 0.11 | 0.75 | 0.59 | 0.20 |
EPS (Diluted) | 0.37 | -0.26 | 0.42 | 0.11 | 0.58 | -0.39 | -0.37 | 0.30 | 1.07 | -0.27 | -0.37 | 0.43 | 1.20 | -0.47 | 0.11 | 0.73 | 0.57 | 0.19 |
EBITDA | 706M | 239M | 783M | 581M | 937M | 168M | 187M | 671M | 1.31B | 220M | 142M | 763M | 1.44B | 32M | 515M | 1.03B | 925M | 561M |
EBIT | 306M | -157M | 376M | 143M | 533M | -240M | -228M | 296M | 946M | -145M | -225M | 428M | 1.12B | -292M | 192M | 706M | 610M | 249M |
Depreciation & Amortization | 399M | 396M | 407M | 438M | 404M | 408M | 415M | 375M | 367M | 365M | 367M | 335M | 325M | 324M | 323M | 322M | 315M | 312M |