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Revenue

Southwest Airlines Revenue decreased by 2.6% to $7.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $6.43B to $7.25B. Over 4 years (FY 2021 to FY 2025), Revenue shows an upward trend with a 15.5% CAGR.

Analysis

StatementCash Flow Statement
SectionOther
First reportedQ1 2016
Last reportedQ1 2026Apr 23, 2026
Metric ID: other_revenue_from_contract_with_customer_excluding_asse_0d5b70

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.01B$4.68B$5.05B$4.69B$6.73B$6.22B$6.17B$5.71B$7.04B$6.53B$6.82B$6.33B$7.35B$6.87B$6.93B$6.43B$7.24B$6.95B$7.44B$7.25B
QoQ Change+16.7%+8.0%-7.1%+43.3%-7.6%-0.8%-7.6%+23.3%-7.3%+4.6%-7.2%+16.2%-6.6%+0.9%-7.2%+12.7%-4.1%+7.1%-2.6%
YoY Change+67.9%+32.9%+22.2%+21.6%+4.6%+4.9%+10.5%+10.9%+4.5%+5.3%+1.6%+1.6%-1.5%+1.1%+7.4%+12.8%
Range$4.01B$7.44B
CAGR+13.3%
Avg YoY Growth+13.0%
Median YoY Growth+6.3%

Frequently Asked Questions

What is Southwest Airlines's revenue?
Southwest Airlines (LUV) reported revenue of $7.25B in Q1 2026.
How has Southwest Airlines's revenue changed year-over-year?
Southwest Airlines's revenue increased by 12.8% year-over-year, from $6.43B to $7.25B.
What is the long-term trend for Southwest Airlines's revenue?
Over 4 years (2021 to 2025), Southwest Airlines's revenue has grown at a 15.5% compound annual growth rate (CAGR), from $15.79B to $28.06B.