Southwest Airlines Co.
Southwest Airlines Co. (LUV) Revenue
Annual & quarterly revenue history · segment & region breakdown
LUV · revenue · updated Jun 8, 2026
Core revenue metrics
Trailing 12 monthsSouthwest Airlines Co. trailing twelve-month (TTM) revenue is $28.88B, an increase of 2.11% year-over-year from $28.06B in FY2025.
Revenue trend
2025 – 2006 · AnnualRevenue history
| Fiscal year end | Revenue | Change | Growth |
|---|---|---|---|
| 2025-12-31 | $28.06B | +$0.58B | +2.11% |
| 2024-12-31 | $27.48B | +$1.39B | +5.34% |
| 2023-12-31 | $26.09B | +$2.28B | +9.56% |
| 2022-12-31 | $23.81B | +$8.02B | +50.82% |
| 2021-12-31 | $15.79B | +$6.74B | +74.51% |
| 2020-12-31 | $9.05B | -$13.38B | -59.66% |
| 2019-12-31 | $22.43B | +$0.46B | +2.11% |
| 2018-12-31 | $21.96B | +$0.79B | +3.75% |
| 2017-12-31 | $21.17B | +$0.75B | +3.65% |
| 2016-12-31 | $20.43B | +$0.60B | +3.05% |
Compare revenue vs peers
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Revenue breakdown
Segment & GeographyAbout Revenue & Reporting
Revenue (also called sales, net sales, or turnover) is the total income Southwest Airlines Co. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.
Southwest Airlines Co. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.
Data sourced from Southwest Airlines Co.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.
Frequently asked questions
LUV revenue · 4 questionsLUV's trailing twelve-month (TTM) revenue is $28.88B. That is an increase of 2.11% year-over-year from $28.06B in FY2025.
▸ Source: FMP · Southwest Airlines Co. SEC filings · GAAP · Southwest Airlines Co. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026