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Total Revenue at other companies

Delta Air Lines logo
Delta Air LinesDAL
$19.76B+18.7%
United Airlines Holdings logo
United Airlines HoldingsUAL
$17.67B+16.0%
Alaska Air Group logo
Alaska Air GroupALK
$4.07B+9.7%
JetBlue Airways logo
JetBlue AirwaysJBLU
$2.7B+14.5%
ALG
Allegiant TravelALGT
$943.49M+36.9%
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
$1.28B+37.7%

Segments

By product

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Passenger non-loyalty$6.1B+12.0%
Passenger ancillary sold separately$875M+183%
Passenger loyalty - air transportation$766M-12.0%

By geography

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North America$27.3B+2.2%
Latin America$756M-5.3%

Other financials

Income statement

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Operating income$285.0M+26.7%
Net income$233.0M+9.4%
EPS (diluted)$0.47+20.5%

Balance sheet

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Cash & equivalents$3.8B+9.1%
Total debt$6.9B+29.0%
Total equity$7.1B-11.5%
Total assets$30.1B+4.9%

Cash flow

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Operating cash flow$530.0M+32.2%
CapEx$818.0M+23.9%
Free cash flow-$288.0M-11.2%

Valuation

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Market cap$19.22B+15.9%
Enterprise value$22.31B+21.0%
P/E23×-19.3×
P/S0.6×0.0×

Profitability

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Operating margin3.5%+2.3pp
Net margin2.8%+1.4pp
FCF margin-1.5%+0.5pp

Returns & leverage

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Return on equity11.1%+6.9pp
Debt / equity+0.3×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Southwest Airlines in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Southwest Airlines’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000092380-26-000077
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Passenger$7,745$6,627$14,337$12,438
Freight50449386
Other6375731,2521,148
Total operating revenues8,4327,24415,68213,672
OPERATING EXPENSES:
Salaries, wages, and benefits3,4993,2626,7976,364
Aircraft fuel and related taxes2,2151,3263,5712,575
Maintenance materials and repairs294331552623

Item 1. Financial Statements

FAQ

What is Southwest Airlines's total revenue?
Southwest Airlines (LUV) reported total revenue of $8.43B in Q2 2026.
How has Southwest Airlines's total revenue changed year-over-year?
Southwest Airlines's total revenue increased by 16.4% year-over-year, from $7.24B to $8.43B.
What is the long-term trend for Southwest Airlines's total revenue?
Over 4 years (2021 to 2025), Southwest Airlines's total revenue has grown at a 15.5% compound annual growth rate (CAGR), from $15.79B to $28.06B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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