Passenger — Total operating revenues
Southwest Airlines Passenger — Total operating revenues decreased by 2.8% to $6.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $5.81B to $6.59B. Over 4 years (FY 2021 to FY 2025), Passenger — Total operating revenues shows an upward trend with a 16.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher passenger demand, successful yield management, or expanded capacity, while a decrease suggests weakening demand, competitive pricing pressure, or reduced flight operations.
Detailed definition
This metric represents the total gross revenue generated specifically from the airline's passenger transportation servic...
Peer comparison
This is a standard industry metric for all commercial airlines, typically compared against peers based on Revenue Passenger Miles (RPM) or Available Seat Miles (ASM) to normalize for scale.
luv_segment_passenger_total_operating_revenuesHistorical Data
| 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 | $3.57B | $4.23B | $4.56B | $4.14B | $6.12B | $5.61B | $5.54B | $5.11B | $6.41B | $5.91B | $6.21B | $5.71B | $6.71B | $6.25B | $6.31B | $5.81B | $6.63B | $6.31B | $6.78B | $6.59B |
| QoQ Change | — | +18.4% | +7.8% | -9.3% | +48.0% | -8.3% | -1.3% | -7.9% | +25.5% | -7.8% | +5.1% | -8.0% | +17.5% | -6.9% | +0.9% | -7.9% | +14.0% | -4.7% | +7.5% | -2.8% |
| YoY Change | — | — | — | — | +71.4% | +32.8% | +21.6% | +23.5% | +4.7% | +5.3% | +12.1% | +11.9% | +4.7% | +5.7% | +1.5% | +1.7% | -1.3% | +1.0% | +7.6% | +13.4% |
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Frequently Asked Questions
- What is Southwest Airlines's passenger — total operating revenues?
- Southwest Airlines (LUV) reported passenger — total operating revenues of $6.59B in Q1 2026.
- How has Southwest Airlines's passenger — total operating revenues changed year-over-year?
- Southwest Airlines's passenger — total operating revenues increased by 13.4% year-over-year, from $5.81B to $6.59B.
- What is the long-term trend for Southwest Airlines's passenger — total operating revenues?
- Over 4 years (2021 to 2025), Southwest Airlines's passenger — total operating revenues has grown at a 16.1% compound annual growth rate (CAGR), from $14.07B to $25.54B.
- What does passenger — total operating revenues mean?
- The total amount of money earned from selling airline tickets and related passenger services.