Southwest Airlines (LUV) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the reported quarter compared with the immediately preceding quarter. It also rose compared with the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the reported quarter compared with the immediately preceding quarter. It also rose compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.8B
Revenue reported for this quarter.
Quarter-over-quarter
+4.6%
Change from the immediately preceding quarter.
Year-over-year
+10.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$26.1B
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 |
|---|---|---|
| Mar 31, 2023 | $5.7B | +21.6% |
| Jun 30, 2023 | $7B | +4.6% |
| Sep 30, 2023 | $6.5B | +4.9% |
| Dec 31, 2023 | $6.8B | +10.5% |
Revenue performance
The company’s revenue grew during the quarter, marking a positive performance.
Quarterly comparison
Sequentially, revenue improved from the prior quarter. On a year-over-year basis, revenue was also higher.
What to watch
Monitor whether revenue growth can be sustained in future quarters.