Southwest Airlines (LUV) Revenue — Quarter Ended Mar 31, 2025
Revenue declined from the preceding quarter but increased compared to the same quarter one year earlier. The sequential decrease was notable, while the annual growth was moderate.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined from the preceding quarter but increased compared to the same quarter one year earlier. The sequential decrease was notable, while the annual growth was moderate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.4B
Revenue reported for this quarter.
Quarter-over-quarter
-7.2%
Change from the immediately preceding quarter.
Year-over-year
+1.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$27.6B
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, 2024 | $7.4B | +4.5% |
| Sep 30, 2024 | $6.9B | +5.3% |
| Dec 31, 2024 | $6.9B | +1.6% |
| Mar 31, 2025 | $6.4B | +1.6% |
Revenue performance
The reported revenue decreased quarter over quarter, reflecting a notable drop from the immediate prior period. However, on a year-over-year basis, revenue showed a slight increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell by a percentage in the single digits. In contrast, revenue was up by a modest percentage from the same quarter a year ago.
What to watch
The downward sequential trend over the past four quarters may be a point to monitor.