Southwest Airlines (LUV) Revenue — Quarter Ended Jun 30, 2025
Southwest Airlines reported revenue growth in the current quarter compared to the immediate prior quarter. However, revenue declined compared to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Southwest Airlines reported revenue growth in the current quarter compared to the immediate prior quarter. However, revenue declined compared to the same quarter one year earlier.
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
+12.7%
Change from the immediately preceding quarter.
Year-over-year
-1.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$27.5B
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 |
|---|---|---|
| Sep 30, 2024 | $6.9B | +5.3% |
| Dec 31, 2024 | $6.9B | +1.6% |
| Mar 31, 2025 | $6.4B | +1.6% |
| Jun 30, 2025 | $7.2B | -1.5% |
Revenue performance
The revenue increase from the preceding quarter reflects a sequential improvement in the company's operating performance. This contrasts with the year-over-year decline, indicating mixed trends.
Quarterly comparison
Relative to the immediately preceding quarter, revenue showed a clear upward movement. When measured against the same quarter last year, revenue decreased.
What to watch
Monitor whether the year-over-year revenue decline persists or reverses in upcoming quarters.