Southwest Airlines
Explore Southwest Airlines
Core profile pages, annual revenue records, and related research hubs for this company.
Southwest Airlines
Explore Southwest Airlines
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$28.063B
Market Cap
$16.9B
Net Income
$442M
Employees
72,790
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. Q1 2026 revenue was $7.249B, with $227M in net income and $330M in operating income. The latest quarter suggests better profitability than Q1 2025, when Southwest posted a net loss. The strategic question is whether Southwest can modernize pricing, seating, loyalty, network design, and operational reliability without losing the cultural and customer-service identity that made the airline distinctive.
Revenue Trend Analysis
YoY Change
+2.1%
2-Year CAGR
+3.7%
Peak Year
2025
Trend
Consistent Growth
Southwest Airlines has reported revenue across 3 fiscal years, compounding at +3.7% annually over 2 years. The most recent year saw a 2.1% increase versus the prior year. Revenue peaked in 2025 at $28.1B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $28.1B | $442M | +2.1% |
| FY2024 | $27.5B | $485M | +5.3% |
| FY2023 | $26.1B | $484M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Southwest Airlines reported $28.063B in FY2025 revenue.
Yes, but margins were thin. Southwest reported FY2025 net income available to common stockholders of $442M on $28.063B of revenue.
Southwest Airlines has 72,790 active full-time equivalent employees as of December 31, 2025.
The latest annual filing or official financial report linked in the sources section verifies the FY2025 revenue figure.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Southwest Airlines Revenue & Financials." CorpDigest, https://corpdigest.com/company/southwest-airlines/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Southwest Airlines reported $28B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/southwest-airlines/financials" target="_blank" rel="noopener">CorpDigest — Southwest Airlines financials</a></div>