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 growth
Southwest Airlines Co.'s revenue growth over the twelve months to 30 June 2026 was 9.46%, up 7.4 percentage points from fiscal 2025 (2.11%). Over the past ten years it has ranged from −59.7% (fiscal 2020) to 74.5% (fiscal 2021); the current reading is higher than 27% of that period. That is in line with the Airlines industry median of 9.79% and above the Industrials sector median of 7.85%.
Revenue growth, annual
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Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 2.11% | (3.23) |
| FY2024 | 5.34% | (4.22) |
| FY2023 | 9.56% | (41.26) |
| FY2022 | 50.8% | (23.69) |
| FY2021 | 74.5% | 134.17 |
| FY2020 | −59.7% | (61.77) |
| FY2019 | 2.11% | (1.76) |
| FY2018 | 3.87% | (0.35) |
| FY2017 | 4.22% | 1.85 |
| FY2016 | 2.37% | (4.16) |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Jun 2026 | 16.4% | 3.63 |
| Mar 2026 | 12.8% | 5.38 |
| Dec 2025 | 7.39% | 6.24 |
| Sep 2025 | 1.15% | 2.65 |
| 42 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| LTM LATAM Airlines Group S.A. compare | 20.5% |
| CPA Copa Holdings, S.A. compare | 14.8% |
| DAL Delta Air Lines, Inc. compare | 14.1% |
| RYAAY Ryanair Holdings PLC compare | 13.7% |
| ALK Alaska Air Group, Inc. compare | 9.79% |
| LUV Southwest Airlines Co. | 9.46% |
| UAL United Airlines Holdings Inc compare | 8.47% |
| AAL American Airlines Group Inc. compare | 7.53% |
| ZNH China Southern Airlines Company Limited compare | −2.66% |
| Airlines industry median | 9.79% |
| Industrials sector median | 7.85% |
| Market median | 7.41% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
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