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Revenue for Southwest Airlines (LUV)

Latest filings through · Reported

Metric

TTM

$28.88B

YoY change

+2.1%

5Y CAGR

+25.4%

Peak year (2025)

$28.06B

Revenue history chart for Southwest Airlines (LUV) from 1985 to 2025

Latest: $28.06B

Revenue growth chart for Southwest Airlines (LUV) from 1985 to 2025

Latest: +2.1%

Revenue history table for Southwest Airlines (LUV) from 1985 to 2025

  • 2025$28.06B+2.1%
  • 2024$27.48B+5.3%
  • 2023$26.09B+9.6%
  • 2022$23.81B+50.8%
  • 2021$15.79B+74.5%
  • 2020$9.05B-59.7%
  • 2019$22.43B+2.1%
  • 2018$21.96B+3.8%
  • 2017$21.17B+3.7%
  • 2016$20.43B+3.1%
  • 2015$19.82B+6.5%
  • 2014$18.61B+5.1%
  • 2013$17.70B+3.6%
  • 2012$17.09B+9.1%
  • 2011$15.66B+29.4%
  • 2010$12.10B+16.9%
  • 2009$10.35B-6.1%
  • 2008$11.02B+11.8%
  • 2007$9.86B+8.5%
  • 2006$9.09B+19.8%
  • 2005$7.58B+16.1%
  • 2004$6.53B+10.0%
  • 2003$5.94B+7.5%
  • 2002$5.52B-0.6%
  • 2001$5.56B-1.7%
  • 2000$5.65B+19.3%
  • 1999$4.74B+13.7%
  • 1998$4.16B+9.1%
  • 1997$3.82B+12.1%
  • 1996$3.41B+18.6%
  • 1995$2.87B+10.8%
  • 1994$2.59B+12.9%
  • 1993$2.30B+36.3%
  • 1992$1.69B+28.3%
  • 1991$1.31B+10.7%
  • 1990$1.19B+16.9%
  • 1989$1.02B+18.0%
  • 1988$860.40M+12.5%
  • 1987$765.10M+1.2%
  • 1986$755.90M+11.2%
  • 1985$679.70M—

Revenue values are taken from Southwest Airlines's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Revenue at Southwest Airlines (LUV)

According to Southwest Airlines's latest reported financial statements, the company's current revenue (TTM) is $28.88B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

2025's annual revenue for Southwest Airlines (LUV) came in at $28.06B – edged up 2.1% year-over-year.

Southwest Airlines revenue has grown for 5 consecutive years, with a +25.4% compound annual growth rate over 2020–2025 (5 years).

$28.06B stands as the all-time-high annual revenue, posted in 2025, against a low of $679.70M during 1985.

Southwest Airlines Revenue by Year

Southwest Airlines Revenue 2025: $28.06B

Southwest Airlines revenue in 2025 was $28.06B, edged up 2.1% from 2024. This figure represents the highest annual value in the available history.

Southwest Airlines Revenue 2024: $27.48B

2024's revenue for Southwest Airlines came in at $27.48B, grew 5.3% from 2023.

Southwest Airlines Revenue 2023: $26.09B

Southwest Airlines posted revenue of $26.09B in 2023, grew 9.6% from 2022.

Southwest Airlines Revenue 2022: $23.81B

In 2022, Southwest Airlines reported revenue of $23.81B, surged 50.8% from 2021.

Southwest Airlines Revenue 2021: $15.79B

Southwest Airlines revenue in 2021 was $15.79B.

See more financial history for Southwest Airlines (LUV).

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