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

Revenue by Product and Service (3 categories)

2026-01-01 to 2026-06-30

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SOUTHWEST AIRLINES CO. (LUV) FY2026 YTD Q2 P&L / Income StatementIncome 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.SOURCESREVENUEOPERATINGPRE-TAXNETPassengerFreightOtherTotal operating revenuesOPERATING INCOMETotal operating expensesSalaries, wages, and benefitsAircraft fuel and related taxesLanding fees and airport rentalsDepreciation and amortizationMaintenance materials and repairsOther operating expensesINCOME BEFORE INCOME TAXESTotal non-operating expenses (income)NET INCOMEPROVISION FOR INCOME TAXESTotal operating revenuesTotal operatingrevenues$15.68 BINCOME BEFORE INCOME TAXESINCOME BEFOREINCOME TAXES$592.00 MOPERATING INCOMEOPERATING INCOME$615.00 MNET INCOMENET INCOME$460.00 MTotal operating expensesTotal operatingexpenses$15.07 BPROVISION FOR INCOME TAXESPROVISION FORINCOME TAXES$132.00 MTotal non-operating expenses (income)Total non-operatingexpenses (income)−$23.00 MPassengerPassenger$14.34 BSalaries, wages, and benefitsSalaries, wages, and benefits$6.80 BAircraft fuel and related taxesAircraft fuel and related taxes$3.57 BFreightFreight$93.00 MLanding fees and airport rentalsLanding fees and airport rentals$1.21 BOtherOther$1.25 BDepreciation and amortizationDepreciation and amortization$800.00 MMaintenance materials and repairsMaintenance materials and repairs$552.00 MOther operating expensesOther operating expenses$2.14 B
Chart details

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

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.
SOUTHWEST AIRLINES CO. (LUV) FY2026 YTD Q2 Revenue by Product and Service (3 categories) Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

3.9%

Operating profit / revenue

Cash conversion

423.3%

Operating cash / net income, same period

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