Southwest Airlines Co Revenue Growth Rates (LUV), Current and Historic Growth - CSIMarket
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Southwest Airlines Co   (NYSE: LUV)
    Sector • Transportation    Industry • Airline
   Industry • Airline
   Sector • Transportation
 

LUV's Revenue Growth by Quarter and Year

Southwest Airlines Co 's Revenue results by quarter and year




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LUV Revenue (in millions $) FY 2026 FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 8,422.00
2nd Quarter June 8,432.00
1st Quarter March 7,249.00
FY 24,103.00

LUVs Annual Revenue
Southwest Airlines Co 's Revenue in the fiscal year 2025 $ 28,063.00 millions
Southwest Airlines Co 's Revenue in the fiscal year 2024 $ 27,483.00 millions
Southwest Airlines Co 's Revenue in the fiscal year 2023 $ 26,091.00 millions
Southwest Airlines Co 's Revenue in the fiscal year 2022 $ 23,814.00 millions
Southwest Airlines Co 's Revenue in the fiscal year 2021 $ 15,790.00 millions




LUV Revenue third quarter 2026 Y/Y Growth Comment
Southwest Airlines Co achieved in the third quarter 2026, above Company average Revenue growth of 21.2% year on year, to $ 8,422.00 millions.

According to the results reported in the third quarter 2026, Southwest Airlines Co achieved the best Revenue growth in Airline industry. While Southwest Airlines Co ' s Revenue rise of 21.2% ranks overall at the positon no. 1021 in the third quarter 2026.




LUV Revenue ( Y/Y Growth %) 2026
FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 21.2 %
2nd Quarter June 16.4 %
1st Quarter March 12.77 %
FY   -

Financial Statements
Southwest Airlines Co 's third quarter 2026 Revenue $ 8,422.00 millions LUV's Income Statement
Southwest Airlines Co 's third quarter 2025 Revenue $ 6,949.00 millions Quarterly LUV's Income Statement


LUV Revenue (Quarter on Quarter Growth %)

2026
FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September -0.12 %
2nd Quarter June 16.32 %
1st Quarter March -2.59 %
FY (Year on Year)   -




Revenue third quarter 2026 Y/Y Growth Company Ranking
Within: No.
Airline Industry #1
Transportation Sector #8
Overall #1021

Revenue Y/Y Growth Statistics
High Average Low
297.62 % 14.16 % -82.94 %
 
Revenue third quarter 2026 Y/Y Growth Company Ranking
Within: No.
Airline Industry #1
Transportation Sector #8
Overall #1021
Revenue Y/Y Growth Statistics
High Average Low
297.62 % 14.16 % -82.94 %
 

Revenue by Quarter for the Fiscal Years 2023, 2024, 2025, 2026

Southwest Airlines Co 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
95.32 % 3.69 % -76.19 %
(Jun 30 2021)  


LUV's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2026 Southwest Airlines Co disclosed decrease in Revenue from the second quarter by -0.12% to $ 8,422.00 millions, from $ 8,432.00 millions achived in the previous reporting period.

But that's not important problem, as Southwest Airlines Co 's Revenue generally seem to plunge in this quarter.

Within Airline industry 2 other companies have achieved higher Revenue quarter on quarter growth. While Southwest Airlines Co 's Revenue growth quarter on quarter, overall rank is 1832.


Revenue Q/Q Growth Company Ranking
Within: No.
Airline Industry #3
Transportation Sector #25
Overall #1832
Revenue Q/Q Growth Company Ranking
Within: No.
Airline Industry #3
Transportation Sector #25
Overall #1832
Revenue Q/Q Growth Statistics
High Average Low
95.32 % 3.69 % -76.19 %
(Jun 30 2021)  


LUV's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2026 Southwest Airlines Co disclosed decrease in Revenue from the second quarter by -0.12% to $ 8,422.00 millions, from $ 8,432.00 millions achived in the previous reporting period.

But that's not important problem, as Southwest Airlines Co 's Revenue generally seem to plunge in this quarter.

Within Airline industry 2 other companies have achieved higher Revenue quarter on quarter growth. While Southwest Airlines Co 's Revenue growth quarter on quarter, overall rank is 1832.


Southwest Airlines Co 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2026)
12 Months Ending (Jun 30 2026) 12 Months Ending (Mar 31 2026) 12 Months Ending (Dec 31 2025) 12 Months Ending (Sep 30 2025)
Cumulative Revenue 12 Months Ending $ 31,545.00
Y / Y Revenue Growth (TTM) 14.5 %
Year on Year Revenue Growth Overall Ranking # 2137
Seqeuential Revenue Change (TTM) 4.9 %
Seq. Revenue Growth (TTM) Overall Ranking # 2137


Cumulative Revenue growth Comment
Southwest Airlines Co saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 14.5% year on year, to $ 31,545 millions if the fiscal year would have ended in Sep 30 2026.
Southwest Airlines Co 's trailing twelve months Revenue growth was higher than company's average 10.69% and higher than 9.46% growth in Jun 30 2026.
But from twelve months ended Jun 30 2026 rise was beneth at 4.9 % from $30072 millions achieved in the period from Jun 30 2026 to Sep 30 2025.
We witness drop-off happening, more obvious observing the When you usual Q/Q TTM historic rise that is stronger at10.69%.

Within the Transportation sector 30 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 2137, from total ranking in previous quarter at 2756.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Airline Industry # 10
Transportation Sector # 31
Overall # 2587

Revenue TTM Y/Y Growth Statistics
High Average Low
168.45 %
10.69 %
-68.08 %
(Mar 31 2022)  


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 10
Sector # 35
S&P 500 # 2622
Cumulative Revenue growth Comment
Southwest Airlines Co saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 14.5% year on year, to $ 31,545 millions if the fiscal year would have ended in Sep 30 2026.
Southwest Airlines Co 's trailing twelve months Revenue growth was higher than company's average 10.69% and higher than 9.46% growth in Jun 30 2026.
But from twelve months ended Jun 30 2026 rise was beneth at 4.9 % from $30072 millions achieved in the period from Jun 30 2026 to Sep 30 2025.
We witness drop-off happening, more obvious observing the When you usual Q/Q TTM historic rise that is stronger at10.69%.
The momentum is even more impressive from twelve months ended Jun 30 2026 exhibited at 4.9 % increase from $30072 millions in the period from Jun 30 2026 to Sep 30 2025.

Within the Transportation sector 30 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 2137, from total ranking in previous quarter at 2756.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Airline Industry # 10
Transportation Sector # 31
Overall # 2587

Revenue TTM Y/Y Growth Statistics
High Average Low
168.45 %
10.69 %
-68.08 %
(Mar 31 2022)  


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 10
Sector # 35
S&P 500 # 2622




Other Revenue Growth
Airline Industry Revenue Growth Trends and Statistics
Transportation Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
LUV's Revenue Growth Ratio versus Airline Industry, Transportation Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue decrease for the quarter ending Sep 30 2026 within Transportation SectorY/Y Change %Revenue for the quarter ending Sep 30 2026
Pangaea Logistics Solutions Ltd 32.09%$ 32.089 millions
C h Robinson Worldwide Inc 29.52%$ 29.520 millions
Landstar System Inc 25.08%$ 25.076 millions
Surf Air Mobility Inc 24.97%$ 24.969 millions
Global Crossing Airlines Group Inc.23.69%$ 23.691 millions
Radiant Logistics Inc 23.44%$ 23.443 millions
Werner Enterprises Inc 23.20%$ 23.203 millions
Southwest Airlines Co 21.20%$ 21.197 millions
Jetblue Airways Corp21.10%$ 21.102 millions
Delta Air Lines Inc 21.07%$ 21.070 millions
J b Hunt Transport Services Inc 20.44%$ 20.437 millions
Covenant Logistics Group Inc 19.50%$ 19.500 millions
Trinity Industries Inc17.84%$ 17.837 millions
United Airlines Holdings Inc 17.41%$ 17.406 millions
Saia Inc 17.01%$ 17.008 millions
Union Pacific Corp16.43%$ 16.432 millions
Arcbest Corporation15.49%$ 15.491 millions
Alaska Air Group Inc 14.39%$ 14.392 millions
Knight swift Transportation Holdings Inc 14.21%$ 14.212 millions
Norfolk Southern Corp13.63%$ 13.632 millions
Canadian Pacific Kansas City Ltd13.46%$ 13.456 millions
Bristow Group Inc 13.37%$ 13.366 millions
Old Dominion Freight Line Inc 13.10%$ 13.097 millions
Csx Corporation11.99%$ 11.988 millions
Polaris Inc 10.93%$ 10.932 millions


About Southwest Airlines Co Revenue Growth Rates (LUV), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Southwest Airlines Co (CIK 92380).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0000092380-26-000107
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Southwest Airlines Co’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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