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Southwest Airlines (LUV)
NYSE:LUV
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Southwest Airlines (LUV) Income Statement

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Southwest Airlines Income Statement

Last quarter (Q3 2024), Southwest Airlines's total revenue was $6.87B, an increase of 5.29% from the same quarter last year. In Q3, Southwest Airlines's net income was $67.00M. See Southwest Airlines’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 27.38B$ 26.09B$ 23.81B$ 15.79B$ 9.05B$ 22.43B
Cost of Revenue
$ 22.17B$ 21.87B$ 19.06B$ 11.68B$ 10.94B$ 15.23B
Gross Profit
$ 5.21B$ 4.22B$ 4.75B$ 4.12B$ -1.89B$ 7.20B
Operating Expense
$ 5.87B$ 4.00B$ 3.73B$ 14.07B$ 12.86B$ 19.47B
Operating Income
$ -361.00M$ 224.00M$ 1.02B$ 1.72B$ -3.82B$ 2.96B
Net Non Operating Interest Income Expense
$ -380.00M$ -347.00M$ 84.00M$ 13.00M$ 32.00M$ 90.00M
Other Income Expense
$ 105.00M$ 62.00M$ -205.00M$ -22.00M$ 158.00M$ 8.00M
Pretax Income
$ -16.00M$ 633.00M$ 728.00M$ 1.32B$ -4.26B$ 2.96B
Tax Provision
$ 32.00M$ 168.00M$ 189.00M$ 348.00M$ -1.18B$ 657.00M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 33.00M$ 484.00M$ 561.00M$ 977.00M$ -3.07B$ 2.30B
Basic EPS
$ -0.09$ 0.78$ 0.91$ 1.65$ -5.44$ 4.28
Diluted EPS
$ -0.06$ 0.76$ 0.87$ 1.61$ -5.44$ 4.27
Basic Average Shares
$ 2.39B$ 595.00M$ 593.00M$ 592.00M$ 565.00M$ 538.00M
Diluted Average Shares
$ 2.53B$ 640.00M$ 642.00M$ 609.00M$ 565.00M$ 539.00M
Dividend Per Share
$ 0.72$ 0.18$ 0.18-$ 0.18$ 0.70
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 49.49B$ 25.87B$ 22.80B$ 27.43B$ 23.51B$ 34.70B
Interest Expense
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Net Income From Continuing And Discontinued Operation
$ -49.00M$ 465.00M$ 539.00M$ 977.00M$ -3.07B$ 2.30B
Normalized Income
$ 243.33M$ 500.07M--$ -5.63B$ 2.34B
Ebit
$ 41.00M$ 869.00M$ 1.03B$ 1.76B$ -3.94B$ 3.04B
Ebitda
$ 1.71B$ 2.39B$ 2.38B$ 3.03B$ -2.69B$ 4.26B
Currency in USD

Southwest Airlines Earnings and Revenue History

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