Southwest Airlines Co.
LUV Industrials Airlines
Southwest Airlines Co.’s revenue for fiscal 2025 (year ended December 2025) was $28.1 billion, up 2.11% from fiscal 2024. In the quarter to June 2026, revenue grew 16.4%, EPS grew 20.0%, free cash flow grew 86.8% and total debt rose 44.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five.
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Southwest Airlines Co. (LUV) Revenue
Southwest Airlines Co.'s revenue for fiscal 2025 was $28.1B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $30.1B. Over the past ten years it has ranged from $9.0B (fiscal 2020) to $28.1B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 5 consecutive fiscal years. Southwest Airlines Co. ranks 4th of 18 Airlines companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $28.1B | 2.11% |
| FY2024 | $27.5B | 5.34% |
| FY2023 | $26.1B | 9.56% |
| FY2022 | $23.8B | 50.82% |
| FY2021 | $15.8B | 74.51% |
| FY2020 | $9.0B | (59.66%) |
| FY2019 | $22.4B | 2.11% |
| FY2018 | $22.0B | 3.87% |
| FY2017 | $21.1B | 4.22% |
| FY2016 | $20.3B | 2.37% |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Jun 2026 | $8.4B | 16.32% |
| Mar 2026 | $7.2B | (2.59%) |
| Dec 2025 | $7.4B | 7.09% |
| Sep 2025 | $6.9B | (4.07%) |
| 42 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| DAL Delta Air Lines, Inc. compare | $71.8B |
| UAL United Airlines Holdings Inc compare | $62.9B |
| AAL American Airlines Group Inc. compare | $58.3B |
| LUV Southwest Airlines Co. | $30.1B |
| ZNH China Southern Airlines Company Limited compare | $22.4B |
| RYAAY Ryanair Holdings PLC compare | $18.2B |
| LTM LATAM Airlines Group S.A. compare | $15.9B |
| ALK Alaska Air Group, Inc. compare | $14.8B |
| CPA Copa Holdings, S.A. compare | $4.0B |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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- Net income
- EPS (diluted)
- EBITDA
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- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
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- Return on invested capital
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- Current ratio
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