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NYSE · Consumer discretionary

Southwest Airlines Co (LUV)

Southwest Airlines Co brought in $30.1B of revenue over the twelve months to June 30, 2026, up 9.5% from a year earlier. Net income was $837M, a net margin of 2.8%. In fiscal 2025 capital spending exceeded operating cash flow by $831M. At June 30, 2026 it held $3.8B in cash against $5.9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 23, 2026.

Price
$42.68
+2.72% on the day · September 25, 2026
52-week range $29.26 to $55.11
Market cap
$20.9B
Revenue (last 12 months)
$30.1B
+9.5% year on year
Net margin
2.8%
P/E
54.0
on FY2025 diluted EPS

What Southwest Airlines Co does

Southwest Airlines Co is registered with the SEC under industry code SIC 4512 (Air Transportation, Scheduled). Its shares trade on NYSE under the ticker LUV.

Revenue and profit by year

Revenue
FY18: $22B $22B FY18FY19: $22.4B $22.4B FY19FY20: $9B $9B FY20FY21: $15.8B $15.8B FY21FY22: $23.8B $23.8B FY22FY23: $26.1B $26.1B FY23FY24: $27.5B $27.5B FY24FY25: $28.1B $28.1B FY25
Net income
FY18: $2.5B $2.5B FY18FY19: $2.3B $2.3B FY19FY20: -$3.1B -$3.1B FY20FY21: $977M $977M FY21FY22: $539M $539M FY22FY23: $465M $465M FY23FY24: $465M $465M FY24FY25: $441M $441M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$28.1B$428M$441M$0.79-$831M
2024$27.5B$321M$465M$0.76-$1.6B
2023$26.1B$224M$465M$0.76-$356M
2022$23.8B$1B$539M$0.87-$134M
2021$15.8B$1.7B$977M$1.61$1.8B
2020$9B-$3.8B-$3.1B-$5.44-$1.6B

Latest SEC filings

What Southwest Airlines Co has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 12, 2026
  2. August 10, 2026
  3. August 7, 2026
  4. July 23, 2026
    Quarterly report 10-Q · period to June 30, 2026
  5. July 22, 2026
  6. June 26, 2026
  7. May 19, 2026
  8. May 13, 2026
  9. May 11, 2026
  10. April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 17, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about LUV

What does Southwest Airlines Co do?

Southwest Airlines Co is registered with the SEC under industry code SIC 4512 (Air Transportation, Scheduled). Its shares trade on NYSE under the ticker LUV.

Is Southwest Airlines Co profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $837M on revenue of $30.1B, a net margin of 2.8%.

How much revenue does Southwest Airlines Co make?

Over the twelve months to June 30, 2026 Southwest Airlines Co reported revenue of $30.1B. That is 9.5% more than a year earlier.

When did Southwest Airlines Co last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 23, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 17, 2026.

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Where the numbers come from

Financial figures are the values Southwest Airlines Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.