LUV: Southwest Airlines Co. Financials
LUV Income Statement
Total revenue
Net income
Gross margin TTM
17.44%
Operating margin TTM
1.53%
Net profit margin TTM
1.57%
Return on investment TTM
—
| Period end | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 28,063,000,000 | 27,483,000,000 | 26,091,000,000 | 23,814,000,000 |
| Operating income | 428,000,000 | 321,000,000 | 224,000,000 | 1,017,000,000 |
| Net income | 441,000,000 | 465,000,000 | 465,000,000 | 539,000,000 |
All line items
| Line item | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Total revenue | 28,063,000,000 | 27,483,000,000 | 26,091,000,000 | 23,814,000,000 |
| Cost of revenue | 23,168,000,000 | 23,024,000,000 | 21,868,000,000 | 19,062,000,000 |
| Gross profit | 4,895,000,000 | 4,459,000,000 | 4,223,000,000 | 4,752,000,000 |
| Research and development expenses | 0 | 0 | 0 | 0 |
| General and administrative expenses | 0 | 0 | 0 | 0 |
| Selling and marketing expenses | 0 | 346,000,000 | 266,000,000 | 224,000,000 |
| Selling, general and administrative expenses | 4,467,000,000 | 346,000,000 | 266,000,000 | 224,000,000 |
| Other expenses | 0 | 3,792,000,000 | 3,733,000,000 | 3,511,000,000 |
| Operating expenses | 4,467,000,000 | 4,138,000,000 | 3,999,000,000 | 3,735,000,000 |
| Cost and expenses | 27,635,000,000 | 27,162,000,000 | 25,867,000,000 | 22,797,000,000 |
| Net interest income | 92,000,000 | 283,000,000 | 347,000,000 | -84,000,000 |
| Interest income | 205,000,000 | 497,000,000 | 583,000,000 | 217,000,000 |
| Interest expense | 113,000,000 | 214,000,000 | 236,000,000 | 301,000,000 |
| Depreciation and amortization | 1,560,000,000 | 1,657,000,000 | 1,522,000,000 | 1,351,000,000 |
| EBITDA | 2,236,000,000 | 2,469,000,000 | 2,391,000,000 | 2,380,000,000 |
| EBIT | 676,000,000 | 812,000,000 | 869,000,000 | 1,029,000,000 |
| Non-operating income (excl. interest) | -248,000,000 | -491,000,000 | -645,000,000 | -12,000,000 |
| Operating income | 428,000,000 | 321,000,000 | 224,000,000 | 1,017,000,000 |
| Total other income/expenses (net) | 135,000,000 | 277,000,000 | 409,000,000 | -289,000,000 |
| Income before tax | 563,000,000 | 598,000,000 | 633,000,000 | 728,000,000 |
| Income tax expense | 122,000,000 | 133,000,000 | 168,000,000 | 189,000,000 |
| Net income from continuing operations | 441,000,000 | 465,000,000 | 465,000,000 | 539,000,000 |
| Net income from discontinued operations | 0 | 0 | 0 | 0 |
| Other adjustments to net income | 0 | 0 | 0 | 0 |
| Net income | 441,000,000 | 465,000,000 | 465,000,000 | 539,000,000 |
| Net income deductions | 0 | 0 | 0 | 0 |
| Bottom line net income | 441,000,000 | 485,000,000 | 484,000,000 | 561,000,000 |
| EPS | 0.82 | 0.81 | 0.81 | 0.91 |
| Diluted EPS | 0.79 | 0.75 | 0.76 | 0.87 |
| Weighted average shares outstanding | 540,000,000 | 598,000,000 | 595,000,000 | 593,000,000 |
| Weighted average diluted shares outstanding | 558,000,000 | 643,000,000 | 640,000,000 | 642,000,000 |