7Baggers

Southwest Airlines Co Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -1.41-0.161.092.353.64.856.17.35Billion

Southwest Airlines Co Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2004-12-31 2003-12-31 
                                                                                  
  operating revenues:                                                                                
  passenger6,627,000,000 5,811,000,000 4,668,250,000 6,250,000,000 6,712,000,000 5,712,000,000 6,211,000,000 5,912,000,000 6,409,000,000 5,105,000,000 5,541,000,000 5,613,000,000 6,119,000,000 4,135,000,000 4,558,000,000 4,227,000,000 3,569,000,000 1,712,000,000 1,662,000,000 1,454,000,000 704,000,000 3,845,000,000 5,314,000,000 5,230,000,000 5,487,000,000 4,745,000,000 5,194,000,000 5,358,000,000 4,585,000,000 4,738,000,000 4,745,000,000 5,233,000,000 4,424,000,000 4,623,000,000 4,669,000,000 4,905,000,000 4,398,000,000 4,553,000,000 4,716,000,000 4,852,000,000 4,178,000,000 4,409,000,000 4,564,000,000 4,752,000,000 3,933,000,000 4,197,000,000 4,306,000,000 4,380,000,000 3,838,000,000 3,966,000,000 4,046,000,000 4,338,000,000 3,744,000,000 3,906,000,000 4,014,000,000 3,876,000,000 2,939,000,000 2,945,000,000 3,032,000,000 3,016,000,000 2,495,000,000 2,584,000,000 2,550,000,000 2,506,000,000 2,252,000,000 2,622,000,000 2,767,000,000 2,747,000,000 2,414,000,000 2,388,000,000 2,482,000,000 2,475,000,000 2,112,000,000 2,192,000,000 2,258,000,000 2,362,000,000 1,938,000,000    
  freight44,000,000 41,000,000 32,750,000 43,000,000 45,000,000 42,000,000 44,000,000 44,000,000 47,000,000 41,000,000 44,000,000 44,000,000 47,000,000 42,000,000 47,000,000 47,000,000 50,000,000 43,000,000 43,000,000 41,000,000 38,000,000 39,000,000 43,000,000 42,000,000 44,000,000 42,000,000 43,000,000 44,000,000 42,000,000 45,000,000 42,000,000 44,000,000 42,000,000 42,000,000 42,000,000 45,000,000 42,000,000 45,000,000 44,000,000 46,000,000 44,000,000 47,000,000 45,000,000 44,000,000 40,000,000 41,000,000 41,000,000 43,000,000 39,000,000 42,000,000 39,000,000 42,000,000 37,000,000 36,000,000 35,000,000 36,000,000 31,000,000 31,000,000 31,000,000 33,000,000 30,000,000 31,000,000 28,000,000 29,000,000 30,000,000 37,000,000 37,000,000 37,000,000 34,000,000 35,000,000 32,000,000 33,000,000 30,000,000 31,000,000 30,000,000 38,000,000 35,000,000    
  other573,000,000 576,000,000 437,250,000 577,000,000 597,000,000 575,000,000 568,000,000 569,000,000 581,000,000 560,000,000 587,000,000 563,000,000 562,000,000 517,000,000 446,000,000 405,000,000 389,000,000 297,000,000 308,000,000 298,000,000 266,000,000 350,000,000 373,000,000 367,000,000 378,000,000 362,000,000 338,000,000 340,000,000 317,000,000 491,000,000 484,000,000 467,000,000 417,000,000 410,000,000 428,000,000 434,000,000 386,000,000 379,000,000 386,000,000 213,000,000 192,000,000 172,000,000 191,000,000 215,000,000 193,000,000 190,000,000 198,000,000 220,000,000 207,000,000 165,000,000 224,000,000 236,000,000 210,000,000 166,000,000 262,000,000 224,000,000 133,000,000 138,000,000 129,000,000 119,000,000 105,000,000 97,000,000 88,000,000 81,000,000 75,000,000 75,000,000 87,000,000 85,000,000 82,000,000 69,000,000 74,000,000 75,000,000 56,000,000 53,000,000 54,000,000 49,000,000 46,000,000    
  total operating revenues7,244,000,000 6,428,000,000 5,138,250,000 6,870,000,000 7,354,000,000 6,329,000,000 6,823,000,000 6,525,000,000 7,037,000,000 5,706,000,000 6,172,000,000 6,220,000,000 6,728,000,000 4,694,000,000 5,051,000,000 4,679,000,000 4,008,000,000 2,052,000,000 2,013,000,000 1,793,000,000 1,008,000,000 4,234,000,000 5,730,000,000 5,639,000,000 5,909,000,000 5,149,000,000 5,575,000,000 5,742,000,000 4,944,000,000 5,274,000,000 5,271,000,000 5,744,000,000 4,883,000,000 5,075,000,000 5,139,000,000 5,384,000,000 4,826,000,000 4,977,000,000 5,318,000,000 5,111,000,000 4,414,000,000 4,628,000,000 4,800,000,000 5,011,000,000 4,166,000,000 4,428,000,000 4,545,000,000 4,643,000,000 4,084,000,000 4,173,000,000 4,309,000,000  3,991,000,000 4,108,000,000 4,311,000,000 4,136,000,000 3,103,000,000 3,114,000,000 3,192,000,000 3,168,000,000 2,630,000,000 2,712,000,000 2,666,000,000 2,616,000,000 2,357,000,000 2,734,000,000 2,891,000,000 2,869,000,000 2,530,000,000 2,492,000,000 2,588,000,000 2,583,000,000 2,198,000,000 2,276,000,000 2,342,000,000 2,449,000,000 2,019,000,000    
  yoy-1.50% 1.56% -24.69% 5.29% 4.50% 10.92% 10.55% 4.90% 4.59% 21.56% 22.19% 32.93% 67.86% 128.75% 150.92% 160.96% 297.62% -51.54% -64.87% -68.20% -82.94% -17.77% 2.78% -1.79% 19.52% -2.37% 5.77% -0.03% 1.25% 3.92% 2.57% 6.69% 1.18% 1.97% -3.37% 5.34% 9.33% 7.54% 10.79% 2.00% 5.95% 4.52% 5.61% 7.93% 2.01% 6.11% 5.48%  2.33% 1.58% -0.05%  28.62% 31.92% 35.06% 30.56% 17.98% 14.82% 19.73% 21.10% 11.58% -0.80% -7.78% -8.82% -6.84% 9.71% 11.71% 11.07% 15.10% 9.49% 10.50% 5.47% 8.87%        
  qoq12.69% 25.10% -25.21% -6.58% 16.20% -7.24% 4.57% -7.28% 23.33% -7.55% -0.77% -7.55% 43.33% -7.07% 7.95% 16.74% 95.32% 1.94% 12.27% 77.88% -76.19% -26.11% 1.61% -4.57% 14.76% -7.64% -2.91% 16.14% -6.26% 0.06% -8.23% 17.63% -3.78% -1.25% -4.55% 11.56% -3.03% -6.41% 4.05% 15.79% -4.62% -3.58% -4.21% 20.28% -5.92% -2.57% -2.11% 13.69% -2.13% -3.16%   -2.85% -4.71% 4.23% 33.29% -0.35% -2.44% 0.76% 20.46% -3.02% 1.73% 1.91% 10.99% -13.79% -5.43% 0.77% 13.40% 1.52% -3.71% 0.19% 17.52% -3.43% -2.82% -4.37% 21.30%     
  operating expenses:                                                                                
  salaries, wages, and benefits3,262,000,000 3,102,000,000 2,252,500,000 3,070,000,000 2,999,000,000 2,940,000,000 3,161,000,000 2,728,000,000 2,786,000,000 2,478,000,000 2,605,000,000 2,322,000,000 2,220,000,000 2,229,000,000 2,225,000,000 2,122,000,000 1,825,000,000 1,571,000,000 1,566,000,000 1,678,000,000 1,714,000,000 1,854,000,000 2,247,000,000 2,002,000,000 2,068,000,000 1,976,000,000 1,912,000,000 1,927,000,000 1,821,000,000 1,924,000,000 1,795,000,000 1,867,000,000 1,733,000,000 1,709,000,000 1,909,000,000 1,639,000,000 1,539,000,000 1,658,000,000 1,699,000,000 1,607,000,000 1,419,000,000 1,390,000,000 1,363,000,000 1,406,000,000 1,275,000,000 1,284,000,000 1,271,000,000 1,298,000,000 1,183,000,000 1,197,000,000 1,189,000,000 1,222,000,000 1,141,000,000 1,145,000,000 1,146,000,000 1,125,000,000 954,000,000 956,000,000 938,000,000 946,000,000 864,000,000 861,000,000 909,000,000 863,000,000 836,000,000 846,000,000 856,000,000 839,000,000 800,000,000 800,000,000 832,000,000 814,000,000 767,000,000 779,000,000 771,000,000 786,000,000 716,000,000    
  fuel and oil1,326,000,000 1,249,000,000 1,137,000,000 1,417,000,000 1,599,000,000 1,531,000,000 1,703,000,000 1,564,000,000 1,403,000,000 1,547,000,000 1,585,000,000 1,750,000,000 1,636,000,000 1,004,000,000 1,049,000,000 990,000,000 803,000,000 469,000,000 342,000,000 379,000,000 257,000,000 870,000,000 1,105,000,000 1,090,000,000 1,136,000,000 1,015,000,000 1,205,000,000 1,202,000,000 1,018,000,000 1,025,000,000 1,003,000,000 990,000,000 922,000,000 951,000,000 941,000,000 903,000,000 852,000,000 798,000,000 936,000,000 1,005,000,000 877,000,000 1,168,000,000 1,386,000,000 1,425,000,000 1,314,000,000 1,367,000,000 1,450,000,000 1,489,000,000 1,457,000,000 1,505,000,000 1,528,000,000 1,577,000,000 1,510,000,000 1,494,000,000 1,586,000,000 1,527,000,000 1,038,000,000 939,000,000 926,000,000 933,000,000 821,000,000 794,000,000 826,000,000 726,000,000 698,000,000 1,067,000,000 1,000,000,000 894,000,000 753,000,000 705,000,000 660,000,000 607,000,000 564,000,000 557,000,000 563,000,000 518,000,000 501,000,000    
  maintenance materials and repairs331,000,000 292,000,000 261,500,000 335,000,000 350,000,000 361,000,000 352,000,000 326,000,000 271,000,000 240,000,000 228,000,000 204,000,000 210,000,000 211,000,000 208,000,000 250,000,000 222,000,000 173,000,000 153,000,000 185,000,000 140,000,000 272,000,000 307,000,000 313,000,000 310,000,000 293,000,000 283,000,000 274,000,000 257,000,000 243,000,000 263,000,000 251,000,000 243,000,000 244,000,000 258,000,000 280,000,000 262,000,000 276,000,000 259,000,000 240,000,000 229,000,000 244,000,000 248,000,000 236,000,000 250,000,000 238,000,000 271,000,000 281,000,000 291,000,000 270,000,000 300,000,000 291,000,000 272,000,000 238,000,000 272,000,000 246,000,000 199,000,000 195,000,000 196,000,000 194,000,000 166,000,000 162,000,000 184,000,000 190,000,000 184,000,000 198,000,000 190,000,000 191,000,000 143,000,000 166,000,000 160,000,000 154,000,000 136,000,000 127,000,000 117,000,000 119,000,000 104,000,000    
  landing fees and airport rentals567,000,000 522,000,000 367,000,000 493,000,000 511,000,000 464,000,000 465,000,000 457,000,000 459,000,000 408,000,000 380,000,000 395,000,000 388,000,000 346,000,000 364,000,000 376,000,000 403,000,000 313,000,000 318,000,000 308,000,000 275,000,000 339,000,000 327,000,000 345,000,000 357,000,000 333,000,000 337,000,000 344,000,000 330,000,000                                                    
  depreciation and amortization400,000,000 396,000,000 312,500,000 438,000,000 404,000,000 408,000,000 415,000,000 375,000,000 367,000,000 365,000,000 367,000,000 335,000,000 325,000,000 324,000,000 323,000,000 322,000,000 315,000,000 312,000,000 315,000,000 315,000,000 313,000,000 311,000,000 313,000,000 308,000,000 302,000,000 297,000,000 301,000,000 292,000,000 277,000,000 279,000,000 302,000,000 319,000,000 318,000,000 318,000,000 315,000,000 299,000,000 290,000,000 264,000,000 258,000,000 250,000,000 244,000,000 251,000,000 238,000,000 228,000,000 221,000,000 224,000,000 221,000,000 213,000,000 210,000,000 224,000,000 217,000,000 202,000,000 201,000,000 192,000,000 191,000,000 176,000,000 155,000,000 159,000,000 161,000,000 154,000,000 154,000,000 154,000,000 162,000,000 150,000,000 150,000,000 154,000,000 152,000,000 148,000,000 145,000,000 144,000,000 140,000,000 137,000,000 135,000,000 134,000,000 131,000,000 127,000,000 124,000,000    
  other operating expenses1,133,000,000 1,090,000,000 797,000,000 1,079,000,000 1,093,000,000 1,018,000,000 1,131,000,000 958,000,000 956,000,000 952,000,000 1,392,000,000 819,000,000 791,000,000 731,000,000 684,000,000 662,000,000 586,000,000 463,000,000 521,000,000 488,000,000 220,000,000 698,000,000 766,000,000 762,000,000 768,000,000 730,000,000 739,000,000 731,000,000 625,000,000 667,000,000 699,000,000 682,000,000 642,000,000 660,000,000 658,000,000 619,000,000 578,000,000 610,000,000 572,000,000 563,000,000 497,000,000 577,000,000 568,000,000 533,000,000 526,000,000 571,000,000 532,000,000 519,000,000 501,000,000 534,000,000 509,000,000 503,000,000 490,000,000 507,000,000 522,000,000 471,000,000 396,000,000 403,000,000 363,000,000 327,000,000 334,000,000 347,000,000 324,000,000 338,000,000 328,000,000 196,000,000 402,000,000 395,000,000 392,000,000 372,000,000 362,000,000 363,000,000 337,000,000 345,000,000 332,000,000 332,000,000 316,000,000    
  total operating expenses7,019,000,000 6,651,000,000 5,127,500,000 6,832,000,000 6,956,000,000 6,722,000,000 7,227,000,000 6,408,000,000 6,242,000,000 5,990,000,000 6,557,000,000 5,825,000,000 5,570,000,000 4,845,000,000 4,856,000,000 3,946,000,000 3,414,000,000 1,853,000,000 3,181,000,000 3,204,000,000 2,135,000,000 4,344,000,000 5,065,000,000 4,820,000,000 4,941,000,000 4,644,000,000 4,777,000,000 4,770,000,000 4,328,000,000 4,501,000,000 4,437,000,000 4,494,000,000 4,225,000,000 4,230,000,000 4,444,000,000 4,108,000,000 3,882,000,000 3,951,000,000 4,093,000,000 4,026,000,000 3,634,000,000 4,008,000,000 4,186,000,000 4,236,000,000 3,951,000,000 4,043,000,000 4,155,000,000 4,210,000,000 4,014,000,000 4,082,000,000 4,258,000,000  3,969,000,000 3,961,000,000 4,086,000,000 3,929,000,000 2,989,000,000 2,898,000,000 2,837,000,000 2,805,000,000 2,576,000,000 2,545,000,000 2,644,000,000 2,493,000,000 2,407,000,000 2,665,000,000 2,805,000,000 2,664,000,000 2,442,000,000 2,365,000,000 2,337,000,000 2,255,000,000 2,114,000,000 2,102,000,000 2,081,000,000 2,047,000,000 1,921,000,000    
  operating income225,000,000 -223,000,000 10,750,000 38,000,000 398,000,000 -393,000,000 -404,000,000 117,000,000 795,000,000 -284,000,000 -385,000,000 395,000,000 1,158,000,000 -151,000,000 195,000,000 733,000,000 594,000,000 199,000,000 -1,168,000,000 -1,411,000,000 -1,127,000,000 -110,000,000 665,000,000 819,000,000 968,000,000 505,000,000 798,000,000 972,000,000 616,000,000 773,000,000 834,000,000 1,250,000,000 658,000,000 845,000,000 695,000,000 1,276,000,000 944,000,000 1,026,000,000 1,225,000,000 1,085,000,000 780,000,000 620,000,000 614,000,000 775,000,000 215,000,000 385,000,000 390,000,000 433,000,000 70,000,000 91,000,000 51,000,000 460,000,000 22,000,000 147,000,000 225,000,000 207,000,000 114,000,000 216,000,000 355,000,000 363,000,000 54,000,000 167,000,000 22,000,000 123,000,000 -50,000,000 69,000,000 86,000,000 205,000,000 88,000,000 127,000,000 251,000,000 328,000,000 84,000,000 174,000,000 261,000,000 402,000,000 98,000,000    
  yoy-43.47% -43.26% -102.66% -67.52% -49.94% 38.38% 4.94% -70.38% -31.35% 88.08% -297.44% -46.11% 94.95% -175.88% -116.70% -151.95% -152.71% -280.91% -275.64% -272.28% -216.43% -121.78% -16.67% -15.74% 57.14% -34.67% -4.32% -22.24% -6.38% -8.52% 20.00% -2.04% -30.30% -17.64% -43.27% 17.60% 21.03% 65.48% 99.51% 40.00% 262.79% 61.04% 57.44% 78.98% 207.14% 323.08% 664.71% -5.87% 218.18% -38.10% -77.33% 122.22% -80.70% -31.94% -36.62% -42.98% 111.11% 29.34% 1513.64% 195.12% -208.00% 142.03% -74.42% -40.00% -156.82% -45.67% -65.74% -37.50% 4.76% -27.01% -3.83% -18.41% -14.29%        
  qoq-200.90% -2174.42% -71.71% -90.45% -201.27% -2.72% -445.30% -85.28% -379.93% -26.23% -197.47% -65.89% -866.89% -177.44% -73.40% 23.40% 198.49% -117.04% -17.22% 25.20% 924.55% -116.54% -18.80% -15.39% 91.68% -36.72% -17.90% 57.79% -20.31% -7.31% -33.28% 89.97% -22.13% 21.58% -45.53% 35.17% -7.99% -16.24% 12.90% 39.10% 25.81% 0.98% -20.77% 260.47% -44.16% -1.28% -9.93% 518.57% -23.08% 78.43% -88.91% 1990.91% -85.03% -34.67% 8.70% 81.58% -47.22% -39.15% -2.20% 572.22% -67.66% 659.09% -82.11% -346.00% -172.46% -19.77% -58.05% 132.95% -30.71% -49.40% -23.48% 290.48% -51.72% -33.33% -35.07% 310.20%     
  operating margin %3.11% -3.47% 0.21% 0.55% 5.41% -6.21% -5.92% 1.79% 11.30% -4.98% -6.24% 6.35% 17.21% -3.22% 3.86% 15.67% 14.82% 9.70% -58.02% -78.69% -111.81% -2.60% 11.61% 14.52% 16.38% 9.81% 14.31% 16.93% 12.46% 14.66% 15.82% 21.76% 13.48% 16.65% 13.52% 23.70% 19.56% 20.61% 23.03% 21.23% 17.67% 13.40% 12.79% 15.47% 5.16% 8.69% 8.58% 9.33% 1.71% 2.18% 1.18%  0.55% 3.58% 5.22% 5.00% 3.67% 6.94% 11.12% 11.46% 2.05% 6.16% 0.83% 4.70% -2.12% 2.52% 2.97% 7.15% 3.48% 5.10% 9.70% 12.70% 3.82% 7.64% 11.14% 16.41% 4.85%    
  non-operating expenses                                                                                
  interest expense39,000,000 46,000,000 47,750,000 63,000,000 63,000,000 65,000,000 66,000,000 63,000,000 65,000,000 66,000,000 68,000,000 86,000,000 93,000,000 93,000,000 124,000,000 115,000,000 116,000,000 114,000,000 114,000,000 111,000,000 96,000,000 28,000,000 28,000,000 30,000,000 31,000,000 31,000,000 33,000,000 33,000,000 32,000,000 30,000,000 28,000,000 27,000,000 29,000,000 29,000,000 31,000,000 32,000,000 30,000,000 29,000,000 31,000,000 29,000,000 32,000,000 33,000,000 31,000,000 34,000,000 33,000,000 34,000,000 35,000,000 33,000,000 29,000,000 35,000,000 35,000,000 38,000,000 40,000,000 51,000,000 50,000,000 51,000,000 43,000,000 41,000,000 43,000,000 42,000,000 41,000,000 46,000,000 48,000,000 47,000,000 44,000,000 35,000,000 35,000,000 32,000,000 28,000,000 33,000,000 28,000,000 29,000,000 29,000,000 28,000,000 32,000,000 34,000,000 34,000,000    
  capitalized interest-13,000,000 -11,000,000 -6,000,000 -9,000,000 -8,000,000 -7,000,000 -8,000,000 -4,000,000 -5,000,000 -6,000,000 -8,000,000 -11,000,000 -11,000,000 -9,000,000 -9,000,000 -9,000,000 -8,000,000 -11,000,000 -12,000,000 -11,000,000 -7,000,000 -5,000,000 -9,000,000 -10,000,000 -9,000,000 -9,000,000 -9,000,000 -10,000,000 -10,000,000 -11,000,000 -15,000,000 -13,000,000 -11,000,000 -13,000,000 -12,000,000 -11,000,000 -11,000,000 -8,000,000 -9,000,000 -7,000,000 -6,000,000 -5,000,000 -6,000,000 -6,000,000 -7,000,000 -7,000,000 -4,000,000 -8,000,000 -5,000,000 -5,000,000 -5,000,000  -5,000,000 -4,000,000 -3,000,000 -2,000,000 -3,000,000 -3,000,000 -5,000,000 -5,000,000 -5,000,000 -5,000,000 -5,000,000 -5,000,000 -6,000,000 -5,000,000 -6,000,000 -6,000,000 -8,000,000 -11,000,000 -13,000,000 -14,000,000 -13,000,000 -13,000,000 -12,000,000 -14,000,000 -12,000,000    
  interest income-54,000,000 -84,000,000 -98,000,000 -121,000,000 -130,000,000 -141,000,000 -158,000,000 -156,000,000 -144,000,000 -125,000,000 -116,000,000 -70,000,000 -28,000,000 -3,000,000 -7,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -4,000,000 -9,000,000 -17,000,000 -20,000,000 -23,000,000 -24,000,000 -23,000,000 -20,000,000 -15,000,000 -12,000,000 -11,000,000 -9,000,000 -8,000,000 -7,000,000 -7,000,000 -6,000,000 -6,000,000 -5,000,000 -4,000,000 -2,000,000 -2,000,000 -1,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000 -1,000,000 -1,000,000 -2,000,000 -2,000,000 -2,000,000 -2,000,000  -2,000,000 -2,000,000 -1,000,000 -4,000,000 -3,000,000 -3,000,000 -2,000,000 -4,000,000 -3,000,000 -2,000,000 -3,000,000 -3,000,000 -4,000,000 -8,000,000 -7,000,000 -5,000,000 -7,000,000 -8,000,000 -9,000,000 -14,000,000 -13,000,000 -22,000,000 -23,000,000 -21,000,000 -18,000,000    
  other (gains) losses-27,000,000 18,000,000 -250,000 16,000,000   -18,000,000 -23,000,000 -7,000,000 -14,000,000 -45,000,000 -39,000,000 68,000,000 144,000,000 10,000,000 29,000,000 -14,000,000 -48,000,000 63,000,000 35,000,000 32,000,000 28,000,000  3,000,000 2,000,000 2,000,000 8,000,000 4,000,000 4,000,000 27,000,000 39,000,000 74,000,000 94,000,000 27,000,000 64,000,000 -43,000,000 114,000,000 162,000,000 272,000,000 88,000,000 32,000,000 293,000,000 66,000,000   26,000,000 -59,000,000 47,000,000  -62,000,000 -10,000,000 62,000,000 -170,000,000 -153,000,000 405,000,000 -113,000,000 59,000,000 -32,000,000 -13,000,000 146,000,000 4,000,000 -56,000,000 2,000,000 34,000,000 23,000,000 130,000,000 269,000,000 -345,000,000 38,000,000 -71,000,000 -32,000,000 -120,000,000 -68,000,000 80,000,000 186,000,000 -112,000,000 -2,000,000    
  total non-operating income-55,000,000 -31,000,000                                                                               
  income before income taxes280,000,000 -192,000,000 67,250,000 89,000,000 478,000,000 -298,000,000 -286,000,000 237,000,000 886,000,000 -205,000,000 -285,000,000 353,000,000 1,036,000,000 -376,000,000 77,000,000 600,000,000 502,000,000 146,000,000 -1,331,000,000 -1,542,000,000 -1,239,000,000 -144,000,000 666,000,000 819,000,000 968,000,000 504,000,000 786,000,000 960,000,000 602,000,000 738,000,000 791,000,000 1,170,000,000 553,000,000 809,000,000 618,000,000 1,304,000,000 816,000,000 847,000,000 933,000,000 977,000,000 723,000,000 301,000,000 525,000,000 746,000,000 244,000,000 333,000,000 419,000,000 363,000,000 94,000,000 125,000,000 33,000,000 368,000,000 159,000,000 255,000,000 -226,000,000 275,000,000 18,000,000 213,000,000 332,000,000 184,000,000 17,000,000 184,000,000 -20,000,000 50,000,000 -107,000,000 -83,000,000 -205,000,000 529,000,000 37,000,000 184,000,000 277,000,000 447,000,000 149,000,000 101,000,000 78,000,000 515,000,000 96,000,000    
  benefit from income taxes67,000,000  16,250,000 22,000,000 111,000,000  -34,000,000 44,000,000 203,000,000  63,500,000 76,000,000 276,000,000      -189,750,000 -385,000,000 -324,000,000 -50,000,000 126,000,000 160,000,000 227,000,000 117,000,000 171,000,000 227,000,000 139,000,000 -1,150,000,000 288,000,000 424,000,000 202,000,000 287,000,000 230,000,000 484,000,000 305,000,000 311,000,000 349,000,000 369,000,000 270,000,000 111,000,000 196,000,000 281,000,000 92,000,000 121,000,000 160,000,000 139,000,000 35,000,000   140,000,000 61,000,000   114,000,000 13,000,000   72,000,000      -27,000,000 -85,000,000 208,000,000 3,000,000 72,000,000 115,000,000 169,000,000 56,000,000 44,000,000 30,000,000 182,000,000 35,000,000    
  net income213,000,000 -149,000,000 51,000,000 67,000,000 367,000,000 -231,000,000 -252,000,000 193,000,000 683,000,000 -159,000,000 -220,000,000 277,000,000 760,000,000 -278,000,000 68,000,000 446,000,000 348,000,000 116,000,000 -908,000,000 -1,157,000,000 -915,000,000 -94,000,000 513,000,000 659,000,000 741,000,000 387,000,000 615,000,000 733,000,000 463,000,000 1,888,000,000 503,000,000 746,000,000 351,000,000 522,000,000 388,000,000 820,000,000 511,000,000 536,000,000 584,000,000 608,000,000 453,000,000 190,000,000 329,000,000 465,000,000 152,000,000 212,000,000 259,000,000 224,000,000 59,000,000 78,000,000 16,000,000 228,000,000 98,000,000 152,000,000 -140,000,000 161,000,000 5,000,000 131,000,000 205,000,000 112,000,000 11,000,000 115,000,000 -16,000,000 54,000,000 -91,000,000 -56,000,000 -120,000,000 321,000,000 34,000,000 112,000,000 162,000,000 278,000,000 93,000,000 57,000,000 48,000,000 333,000,000 61,000,000    
  yoy-41.96% -35.50% -120.24% -65.28% -46.27% 45.28% 14.55% -30.32% -10.13% -42.81% -423.53% -37.89% 118.39% -339.66% -107.49% -138.55% -138.03% -223.40% -277.00% -275.57% -223.48% -124.29% -16.59% -10.10% 60.04% -79.50% 22.27% -1.74% 31.91% 261.69% 29.64% -9.02% -31.31% -2.61% -33.56% 34.87% 12.80% 182.11% 77.51% 30.75% 198.03% -10.38% 27.03% 107.59% 157.63% 171.79% 1518.75% -1.75% -39.80% -48.68% -111.43% 41.61% 1860.00% 16.03% -168.29% 43.75% -54.55% 13.91% -1381.25% 107.41% -112.09% -305.36% -86.67% -83.18% -367.65% -150.00% -174.07% 15.47% -63.44% 96.49% 237.50% -16.52% 52.46%        
  qoq-242.95% -392.16% -23.88% -81.74% -258.87% -8.33% -230.57% -71.74% -529.56% -27.73% -179.42% -63.55% -373.38% -508.82% -84.75% 28.16% 200.00% -112.78% -21.52% 26.45% 873.40% -118.32% -22.15% -11.07% 91.47% -37.07% -16.10% 58.32% -75.48% 275.35% -32.57% 112.54% -32.76% 34.54% -52.68% 60.47% -4.66% -8.22% -3.95% 34.22% 138.42% -42.25% -29.25% 205.92% -28.30% -18.15% 15.63% 279.66% -24.36% 387.50% -92.98% 132.65% -35.53% -208.57% -186.96% 3120.00% -96.18% -36.10% 83.04% 918.18% -90.43% -818.75% -129.63% -159.34% 62.50% -53.33% -137.38% 844.12% -69.64% -30.86% -41.73% 198.92% 63.16% 18.75% -85.59% 445.90%     
  net income margin %2.94% -2.32% 0.99% 0.98% 4.99% -3.65% -3.69% 2.96% 9.71% -2.79% -3.56% 4.45% 11.30% -5.92% 1.35% 9.53% 8.68% 5.65% -45.11% -64.53% -90.77% -2.22% 8.95% 11.69% 12.54% 7.52% 11.03% 12.77% 9.36% 35.80% 9.54% 12.99% 7.19% 10.29% 7.55% 15.23% 10.59% 10.77% 10.98% 11.90% 10.26% 4.11% 6.85% 9.28% 3.65% 4.79% 5.70% 4.82% 1.44% 1.87% 0.37%  2.46% 3.70% -3.25% 3.89% 0.16% 4.21% 6.42% 3.54% 0.42% 4.24% -0.60% 2.06% -3.86% -2.05% -4.15% 11.19% 1.34% 4.49% 6.26% 10.76% 4.23% 2.50% 2.05% 13.60% 3.02%    
  net income per share0.4 -0.26 0.085 0.11 0.61 -0.39 -0.42 0.32 1.15 -0.27 -0.37 0.47 1.29 -0.47 0.11 0.75 0.59 0.2 -1.55 -1.96 -1.63 -0.18 0.98 1.24 1.37 0.7 1.08 1.27 0.79 3.15 0.84 1.24 0.57 0.85 0.63 1.3 0.8 0.83 0.89 0.91 0.67 0.28 0.48 0.67 0.22 0.3 0.37 0.31 0.08 0.11 0.02 0.3 0.13 0.2 -0.18 0.21 0.01 0.18 0.27 0.15 0.01 0.15 -0.02 0.07 -0.12 -0.08 -0.16 0.44 0.05 0.15 0.22 0.36 0.12 0.07 0.06 0.42 0.08    
  comprehensive income202  41.75 19 359  143.5 336 544 -306 169 -223 674 225 325 577 544 180 -551.75 -1,129 -859 -219 426 566 675 463 729 953 547 446.75 630 795 362 568.5 517 1,086 668 370 345 686 449 214.25 126 588 143 136.75 393 87 67 110.5 211 -35 265                            
  weighted-average shares outstanding                                                                                
  basic538 584  599 599 597  596 595 594  593 593 592  592 591 591  590 563 515  533 542 551 569 578 587  597 604 613  618 632 641  655 665 674  683 690 698  703 714 725  739 757 771                        803    
  diluted541 584  601 643 597  640 639 594  639 635 592  607 615 609  590 563 515  534 542 552 569 579 588  598 605 614  625 639 648  663 673 682  691 698 707  711 722 727  740 764 772                        836    
  benefit for income taxes -43,000,000    -67,000,000    -46,000,000    -98,000,000 9,000,000 154,000,000 154,000,000 30,000,000                                54,250,000 17,000,000   10,500,000 -86,000,000   51,000,000 127,000,000  6,000,000 -1,000,000 -4,000,000 -4,000,000 -16,000,000                
  comprehensive loss -148    -212                                                                           
  other incomes                                                                                
  total other income  -56,500,000 -51,000,000 -80,000,000 -95,000,000                                       -29,000,000    -24,000,000                                
  other gains    -5,000,000 -12,000,000                                      3,000,000 -53,000,000    -46,000,000                                
  loss on extinguishment of debt          1,000,000 76,000,000                                                                     
  total other incomes      -118,000,000 -120,000,000 -91,000,000 -79,000,000 -100,000,000 42,000,000 122,000,000 225,000,000 118,000,000 133,000,000 92,000,000 53,000,000 163,000,000 131,000,000 112,000,000 34,000,000 250,000   1,000,000 12,000,000 12,000,000 14,000,000 35,000,000 43,000,000 80,000,000 105,000,000 36,000,000 77,000,000 -28,000,000 128,000,000 179,000,000 292,000,000 108,000,000 57,000,000 319,000,000 89,000,000 29,000,000  52,000,000 -29,000,000 70,000,000  -34,000,000 18,000,000  -137,000,000 -108,000,000 451,000,000 -68,000,000 96,000,000 3,000,000 23,000,000 179,000,000 37,000,000 -17,000,000 42,000,000 73,000,000 57,000,000 152,000,000 291,000,000 -324,000,000 51,000,000 -57,000,000 -26,000,000 -119,000,000 -65,000,000 73,000,000 183,000,000 -113,000,000 2,000,000    
  operating expenses, net:                                                                                
  payroll support and voluntary employee programs              3,000,000 -776,000,000 -740,000,000 -1,448,000,000 -34,000,000 -149,000,000                                                             
  payroll support, voluntary separation                    -784,000,000                                                            
  cash dividends declared per common share                          0.16 0.16 0.125 0.125 0.125 0.125 0.1 0.1 0.1 0.1 0.075 0.075 0.075 0.075 0.06 0.06 0.06 0.06 0.04 0.04 0.04 0.04 0.01 0.01 0.01 0.01 0.005 0.004 0.005 0.005 0.005 0.004 0.005                      
  aircraft rentals                             40,000,000 51,000,000 53,000,000 54,000,000 55,000,000 56,000,000 59,000,000 59,000,000 59,000,000 60,000,000 59,000,000 60,000,000 68,000,000 71,000,000 75,000,000 81,000,000 84,000,000 92,000,000 92,000,000 93,000,000 85,000,000 92,000,000 90,000,000 88,000,000 94,000,000 90,000,000 79,000,000 46,000,000 45,000,000 43,000,000 45,000,000 47,000,000 46,000,000 47,000,000 47,000,000 45,000,000 39,000,000 38,000,000 38,000,000 38,000,000 40,000,000 38,000,000 40,000,000 39,000,000 39,000,000 39,000,000 39,000,000 40,000,000    
  landing fees and other rentals                             323,000,000 324,000,000 332,000,000 313,000,000 293,000,000 307,000,000 309,000,000 302,000,000 279,000,000 303,000,000 299,000,000 285,000,000 262,000,000 289,000,000 295,000,000 266,000,000 255,000,000 290,000,000 292,000,000 266,000,000 252,000,000 278,000,000 260,000,000 254,000,000 254,000,000 257,000,000 247,000,000 201,000,000 201,000,000 210,000,000 206,000,000 190,000,000 181,000,000 192,000,000 179,000,000 166,000,000 165,000,000 167,000,000 159,000,000 171,000,000 138,000,000 145,000,000 140,000,000 136,000,000 121,000,000 128,000,000 126,000,000 120,000,000    
  special revenue adjustment                                      172,000,000                                          
  acquisition and integration                                     7,000,000 6,000,000 3,000,000 23,000,000 48,000,000 23,000,000 38,000,000 18,000,000 20,000,000 28,000,000 26,000,000 13,000,000 15,000,000 145,000,000 11,000,000 13,000,000 37,000,000 22,000,000 58,000,000                         
  see accompanying notes.                                                                                
  weighted-average shares                                                                                
  outstanding:                                                                                
  basic                                                     193.25 792 780 748 186.25 746 745 743 185.25 742 741 740 183.5 736 732 733 191.25 739 769 786 199 789 798     
  diluted                                                     193.5 792 787 749 186.5 747 746 744 185.25 742 741 740 184.75 736 737 734 194.25 752 780 800 206.75 821 825     
  weighted-average shares outstanding:                                                                                
  basic538 584  599 599 597  596 595 594  593 593 592  592 591 591  590 563 515  533 542 551 569 578 587  597 604 613  618 632 641  655 665 674  683 690 698  703 714 725  739 757 771                        803    
  diluted541 584  601 643 597  640 639 594  639 635 592  607 615 609  590 563 515  534 542 552 569 579 588  598 605 614  625 639 648  663 673 682  691 698 707  711 722 727  740 764 772                        836    

We provide you with 20 years income statements for Southwest Airlines Co stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Southwest Airlines Co stock. Explore the full financial landscape of Southwest Airlines Co stock with our expertly curated income statements.

The information provided in this report about Southwest Airlines Co stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.