Southwest Airlines Co. is a major U.S. passenger airline headquartered in Dallas, Texas. Southwest reported FY2025 operating revenue of $28.063B, net income available to common stockholders of $442M, operating income of $428M, and 72,790 active full-time equivalent employees as of December 31, 2025. Q1 2026 revenue was $7.249B, with $227M in net income.
Southwest Airlines: Latest Financials
Southwest reported FY2025 revenue of $28.063B, up from $27.483B in FY2024 and $26.091B in FY2023. Net income available to common stockholders was $442M, while operating income was $428M. That margin profile shows a company still working through network, cost, labor, aircraft delivery, and commercial-model changes.
Current Operating Context
In Q1 2026, Southwest reported $7.249B in revenue, $227M in net income, and $330M in operating income.
