Southwest Airlines Co. (LUV)

Southwest Airlines Co. Revenue

Southwest Airlines Co. had revenue of $8.42B in the quarter ending September 30, 2026, with 21.20% growth. This brings the company's total for the last twelve months to $31.55B, up 14.50% year-over-year. In the year 2025, Southwest Airlines Co. had annual revenue of $28.06B with 2.11% growth. That makes Southwest Airlines Co. the 429th largest company in the world by revenue and 150th in the United States.

• Revenue (ttm): $31.55B
• Revenue Growth: +14.50%
• P/S Ratio: 0.67
• Revenue / Employee: $429,454
• Employees: 73,456
• Market Cap: 20.98B

Revenue Chart

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Revenue by Segment

By Segment

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• Passenger Non-Loyalty 20.44B 72.8%
• Passenger Loyalty - Air Transportation 3.26B 11.6%
• Other 2.36B 8.4%
• Passenger Ancillary Sold Separately 1.84B 6.5%
• Freight 171.00M 0.6%

By Geography

• United States 27.30B 97.3%
• Foreign 756.00M 2.7%

Fiscal year ended Dec 31, 2025 See the full Southwest Airlines Co. breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	28.06B	580.00M	2.11%
Dec 31, 2024	27.48B	1.39B	5.34%
Dec 31, 2023	26.09B	2.28B	9.56%
Dec 31, 2022	23.81B	8.02B	50.82%
Dec 31, 2021	15.79B	6.74B	74.51%
Dec 31, 2020	9.05B	-13.38B	-59.66%
Dec 31, 2019	22.43B	463.00M	2.11%
Dec 31, 2018	21.97B	819.00M	3.87%
Dec 31, 2017	21.15B	857.00M	4.22%
Dec 31, 2016	20.29B	469.00M	2.37%
Dec 31, 2015	19.82B	1.22B	6.53%
Dec 31, 2014	18.61B	906.00M	5.12%
Dec 31, 2013	17.70B	611.00M	3.58%
Dec 31, 2012	17.09B	1.43B	9.13%
Dec 31, 2011	15.66B	3.55B	29.36%
Dec 31, 2010	12.10B	1.75B	16.95%
Dec 31, 2009	10.35B	-673.00M	-6.11%
Dec 31, 2008	11.02B	1.16B	11.78%
Dec 31, 2007	9.86B	775.00M	8.53%
Dec 31, 2006	9.09B	1.50B	19.80%
Dec 31, 2005	7.58B	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Oct 22, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Oct 26, 2026

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