Southwest Airlines (LUV) Revenue & Quarterly History
Explore Southwest Airlines Co. (LUV) revenue from 2023 through the latest reported quarter, with SEC-sourced comparisons and filing-constrained analysis.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue for the quarter decreased sequentially but increased from the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.2B
Revenue reported for this quarter.
Quarter-over-quarter
-2.6%
Change from the immediately preceding quarter.
Year-over-year
+12.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2025 | $7.2B | -1.5% |
| Sep 30, 2025 | $6.9B | +1.1% |
| Dec 31, 2025 | $7.4B | +7.4% |
| Mar 31, 2026 | $7.2B | +12.8% |
Revenue performance
The reported revenue declined compared to the immediately preceding quarter, reflecting a sequential contraction.
Quarterly comparison
When compared with the prior quarter, revenue was lower. In contrast, revenue outperformed the year-ago period, showing a year-over-year gain.
What to watch
The sequential drop may signal a shift in quarterly performance trends.