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.

Revenue
+21.2%
EPS
+450.0%
Free cash flow
+46.9%
Total debt
+43.5%

Quarter to September 2026, against a year earlier

44.39 0.05 −0.11%
Market cap
$21.8B
P/E
21.0×
Fwd P/E
17.1×
Dividend yield
1.62%
F-score
7/9
Altman Z
2.22
Beneish M
−2.66
Dividend safety
24/100

Southwest Airlines Co. (LUV) Revenue

Alert me on Revenue

Southwest Airlines Co.'s revenue for fiscal 2025 was $28.1B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $31.5B. 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
Sep 2026 $8.4B (0.12%)
Jun 2026 $8.4B 16.32%
Mar 2026 $7.2B (2.59%)
Dec 2025 $7.4B 7.09%
43 more quarters

Against its own ten years

Low $9.0B High $28.1B
Ten-year median $22.0B
Current reading's percentile 100

Revenue against peers

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

The full definition of Revenue →

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