Southwest Airlines Co. (LUV) Financials
Key financial figures for Southwest Airlines Co. (Q2 2026).
Southwest Airlines Co. reported revenue of $8.43 billion for Q2 FY2026, up 16.4% from the same period a year earlier. Net income was $233.0 million, or $0.47 per share. Operating margin came to 3.38%, against 3.11% a year earlier. Free cash flow for the period was -$454.0 million. Across the last 5 reported quarters, quarterly revenue has risen from $7.24 billion in Q2 FY2025 to $8.43 billion in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for Southwest Airlines Co. are on the SentiSense financials page.
- Revenue
- $8.4B
- Net Income
- $233M
- EPS
- $0.48
- Total Assets
- $30.1B
- Operating Cash Flow
- $530M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $8.4B | $233M | $0.47 | 3.38% | -$454M |
| Q1 FY2026 | $7.2B | $227M | $0.45 | 4.55% | $788M |
| Q4 FY2025 | $7.4B | $323M | $0.61 | 5.25% | -$564M |
| Q3 FY2025 | $6.9B | $54M | $0.10 | 0.5% | -$391M |
| Q2 FY2025 | $7.2B | $213M | $0.39 | 3.11% | -$234M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $28.1B | $441M | $0.79 | 1.53% | -$831M |
| FY2024 | $27.5B | $465M | $0.75 | 1.17% | -$1.6B |
| FY2023 | $26.1B | $465M | $0.76 | 0.86% | -$356M |
Frequently asked questions
What was Southwest Airlines Co.'s revenue last quarter?
Southwest Airlines Co. reported revenue of $8.43 billion for Q2 FY2026, up 16.4% from the same period a year earlier.
Is Southwest Airlines Co. profitable?
Yes. Southwest Airlines Co. reported net income of $233.0 million for Q2 FY2026, a net margin of 2.76% on revenue.
How has Southwest Airlines Co.'s margin trended?
Operating margin was 3.38% in Q2 FY2026, compared with 3.11% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does Southwest Airlines Co. report next?
Southwest Airlines Co. is scheduled to report results on 2026-10-21. The company has confirmed that date.
Full income statement, balance sheet and cash flow for Southwest Airlines Co. on SentiSense, with up to forty quarters and twenty fiscal years of history.