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Southwest Airlines Co (LUV) Quarterly Income Statement

Quarterly · GAAP · USD millions
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From Southwest Airlines Co through Jun 30 2025, changes in Jun 30 2026's revenue and cost structure provide insight into profitability trends.
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Quarterly Report, GAAP in USD millions
ITEM 		(Jun 30 2026)
Q2 2026 		(Mar 31 2026) (Dec 31 2025) (Sep 30 2025) (Jun 30 2025)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax8,432.00
Total Revenue8,432.00
Costs & Expenses
Cost of Goods and Services Sold2,851.00
Gross Profit5,581.00
Selling, Administration, Marketing3,499.00
Depreciation & Amortization402.00
Business Combination, Integration Related Costs0.00
Other exp. /-income1,290.00
Total operating costs including COS8,147.00
Operating income / -loss285.00
Interest Expense0.00
Net Interest (-)Expense / Income-12.00
Investment Income, Interest33.00
Other loss/ -income0.00
Total costs & expenses8,126.00
Income & Taxes
Income / -loss before income taxes306.00
Income taxes expenses / -benefit73.00
Income after income taxes233.00
Income / -loss from continuing operations233.00
Net income / -loss233.00
Income / -loss to shareholder233.00
EBIT318.00
EBITD720.00
EBITDA720.00
Earnings Per Share
Basic EPS (excl. extra items)0.48
Basic Net EPS0.48
Basic shares outstanding (Mill. of Units)489.00
Diluted Net EPS0.47
Diluted average shares (Mill. of Units)493.00
Dividend per share0.18
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About Southwest Airlines Co Quarterly Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-Q filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-Q filings
  • Filed with the SEC: July 23, 2026
  • Original filing: luv-20260630.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.