SOUTHWEST AIRLINES CO. (LUV) FY2026 Q2 P&L / Income Statement

SOUTHWEST AIRLINES CO. (LUV) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

8,432,000,000 US dollars

Total operating expenses

8,147,000,000 US dollars

OPERATING INCOME

285,000,000 US dollars

Total non-operating expenses (income)

21,000,000 US dollars

INCOME BEFORE INCOME TAXES

306,000,000 US dollars

PROVISION FOR INCOME TAXES

73,000,000 US dollars

NET INCOME

233,000,000 US dollars

Passenger

7,745,000,000 US dollars

Freight

50,000,000 US dollars

Other

637,000,000 US dollars

Landing fees and airport rentals

636,000,000 US dollars

Salaries, wages, and benefits

3,499,000,000 US dollars

Aircraft fuel and related taxes

2,215,000,000 US dollars

Maintenance materials and repairs

294,000,000 US dollars

Other operating expenses

1,101,000,000 US dollars

Depreciation and amortization

402,000,000 US dollars

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.