Southwest Airlines (NYSE: LUV) revenue
Southwest Airlines reported revenue of $28,063m for fiscal 2025, 2.1% more than in fiscal 2024 ($27,483m). Since fiscal 2016 its revenue has grown by 38.3%, an average growth of 3.7% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | $28,063m | +2.1% | $428.0m | 1.5% |
| 2024 | $27,483m | +5.3% | $321.0m | 1.2% |
| 2023 | $26,091m | +9.6% | $224.0m | 0.9% |
| 2022 | $23,814m | +50.8% | $1,017m | 4.3% |
| 2021 | $15,790m | +74.5% | $1,721m | 10.9% |
| 2020 | $9,048m | −59.7% | −$3,816m | −42.2% |
| 2019 | $22,428m | +2.1% | $2,957m | 13.2% |
| 2018 | $21,965m | +3.9% | $3,206m | 14.6% |
| 2017 | $21,146m | +4.2% | $3,407m | 16.1% |
| 2016 | $20,289m | — | $3,522m | 17.4% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the revenue of Southwest Airlines
- How much revenue did Southwest Airlines make in fiscal 2025?
- Southwest Airlines reported revenue of $28,063m for fiscal 2025, compared with $27,483m in fiscal 2024.
- How much has the revenue of Southwest Airlines grown?
- Between fiscal 2016 and fiscal 2025 it went from $20,289m to $28,063m: 38.3% more, an average growth of 3.7% a year.
- What was the best year for revenue at Southwest Airlines?
- Of its last 10 fiscal years, fiscal 2025, with $28,063m.
- Where do the figures for Southwest Airlines come from?
- From the annual report (Form 10-K) that Southwest Airlines files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Southwest Airlines files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Southwest Airlines: the Southwest Airlines page · annual accounts · net income · dividends paid · insider transactions.
Dividend per share of Southwest Airlines by fiscal year, with the filing behind every figure: Southwest Airlines dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.