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

- Company: SOUTHWEST AIRLINES CO. (LUV)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-23, accession number 0000092380-26-000077
- Page: https://plicit.ai/financials/luv/fy2026-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/luv-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service (6 categories)

Income statement for 2026-01-01 through 2026-06-30. View: Product and service (6 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total operating revenues**: 15,682,000,000 US dollars
- **Total operating expenses**: 15,067,000,000 US dollars
- **OPERATING INCOME**: 615,000,000 US dollars
- **Total non-operating expenses (income)**: negative 23,000,000 US dollars
- **INCOME BEFORE INCOME TAXES**: 592,000,000 US dollars
- **PROVISION FOR INCOME TAXES**: 132,000,000 US dollars
- **NET INCOME**: 460,000,000 US dollars
- **Passenger non-loyalty**: 11,292,000,000 US dollars
- **Passenger loyalty - air transportation**: 1,454,000,000 US dollars
- **Passenger ancillary sold separately**: 1,591,000,000 US dollars
- **Loyalty program**: 1,135,000,000 US dollars
- **Other**: 117,000,000 US dollars
- **Freight**: 93,000,000 US dollars
- **Landing fees and airport rentals**: 1,208,000,000 US dollars
- **Salaries, wages, and benefits**: 6,797,000,000 US dollars
- **Aircraft fuel and related taxes**: 3,571,000,000 US dollars
- **Maintenance materials and repairs**: 552,000,000 US dollars
- **Other operating expenses**: 2,139,000,000 US dollars
- **Depreciation and amortization**: 800,000,000 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.

## Chart details: Revenue by Product and Service (3 categories)

- Page: https://plicit.ai/financials/luv/fy2026-ytd-q2-income-statement/revenue-by-product-and-service-3-categories
- Chart image: https://plicit.ai/charts/luv-fy2026-ytd-q2-revenue-by-product-and-service-3-categories-sankey.png

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

- **Total operating revenues**: 15,682,000,000 US dollars
- **Total operating expenses**: 15,067,000,000 US dollars
- **OPERATING INCOME**: 615,000,000 US dollars
- **Total non-operating expenses (income)**: negative 23,000,000 US dollars
- **INCOME BEFORE INCOME TAXES**: 592,000,000 US dollars
- **PROVISION FOR INCOME TAXES**: 132,000,000 US dollars
- **NET INCOME**: 460,000,000 US dollars
- **Passenger**: 14,337,000,000 US dollars
- **Freight**: 93,000,000 US dollars
- **Other**: 1,252,000,000 US dollars
- **Landing fees and airport rentals**: 1,208,000,000 US dollars
- **Salaries, wages, and benefits**: 6,797,000,000 US dollars
- **Aircraft fuel and related taxes**: 3,571,000,000 US dollars
- **Maintenance materials and repairs**: 552,000,000 US dollars
- **Other operating expenses**: 2,139,000,000 US dollars
- **Depreciation and amortization**: 800,000,000 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.