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Southwest Airlines (LUV)
NYSE:LUV
US Market
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Southwest Airlines (LUV) Revenue by Segment

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Revenue by Segment

Highlights earnings from different business areas, helping to pinpoint which segments drive growth and where there might be vulnerabilities.
Passenger revenue is the clear driver — it recovered from the pandemic trough and shows pronounced seasonality with strong summer quarter spikes; the outsized jump in mid‑2026 signals renewed demand or higher yield/capacity that could meaningfully lift topline if sustained. “Other” revenues have been creeping higher, indicating meaningful ancillary and non‑ticket diversification that can help stabilize margins. Freight remains immaterial but ticked up slightly. The concentration in passenger receipts still leaves LUV exposed to demand shocks, so watch whether ancillary growth and yield sustain the recent momentum.
Date
Other
Passenger
Freight
Jun 30, 2026
$637.00M$7.75B$50.00M
Mar 31, 2026
$614.00M$6.59B$44.00M
Dec 31, 2025
$614.00M$6.79B$43.00M
Sep 30, 2025
$594.00M$6.31B$42.00M
Jun 30, 2025
$573.00M$6.63B$44.00M
Mar 31, 2025
$576.00M$5.81B$41.00M
Dec 31, 2024
$579.00M$6.31B$45.00M
Sep 30, 2024
$577.00M$6.25B$43.00M
Jun 30, 2024
$597.00M$6.71B$45.00M
Mar 31, 2024
$575.00M$5.71B$42.00M