Other
Fuel
Southwest Airlines Fuel increased by 1.7% to $1.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $1.25B to $1.36B. Over 4 years (FY 2021 to FY 2025), Fuel shows an upward trend with a 12.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase suggests higher energy prices or increased traffic volume, while a decrease reflects lower fuel prices or improved fuel efficiency.
Detailed definition
The direct expense incurred for diesel fuel used to power locomotives and other rail equipment. It is highly sensitive t...
Peer comparison
A standard variable cost for all freight railroads, often managed through fuel surcharges.
Metric ID:
other_fuel_costsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $803.00M | $990.00M | $1.05B | $1.00B | $1.64B | $1.75B | $1.59B | $1.55B | $1.40B | $1.56B | $1.70B | $1.53B | $1.60B | $1.42B | $1.26B | $1.25B | $1.33B | $1.33B | $1.33B | $1.36B |
| QoQ Change | — | +23.3% | +6.0% | -4.3% | +62.9% | +7.0% | -9.4% | -2.4% | -9.3% | +11.5% | +8.9% | -10.1% | +4.4% | -11.4% | -10.8% | -1.2% | +6.2% | +0.4% | +0.2% | +1.7% |
| YoY Change | — | — | — | — | +103.7% | +76.8% | +51.1% | +54.1% | -14.2% | -10.6% | +7.4% | -1.0% | +14.0% | -9.4% | -25.8% | -18.4% | -17.1% | -6.1% | +5.5% | +8.6% |
Range$803.00M – $1.75B
CAGR+11.7%
Avg YoY Growth+13.7%
Median YoY Growth+2.2%
Current Streak4 quarters growth
Fuel at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's fuel?
- Southwest Airlines (LUV) reported fuel of $1.36B in Q1 2026.
- How has Southwest Airlines's fuel changed year-over-year?
- Southwest Airlines's fuel increased by 8.6% year-over-year, from $1.25B to $1.36B.
- What is the long-term trend for Southwest Airlines's fuel?
- Over 4 years (2021 to 2025), Southwest Airlines's fuel has grown at a 12.2% compound annual growth rate (CAGR), from $3.31B to $5.24B.
- What does fuel mean?
- The total cost of fuel consumed by the company's fleet.