SOUTHWEST AIRLINES CO. (LUV) /

The profitability of SOUTHWEST AIRLINES CO. over the past 10 years

Chart SOUTHWEST AIRLINES CO.: operating income, net income, fiscal 2016–2025 Open the chart →

SOUTHWEST AIRLINES CO. reported net income of $441M in fiscal 2025, the latest fiscal year on file. That year it had operating income of $428M. It reported a profit in 9 of the 10 years shown, and a loss in fiscal 2020. Its highest net income in these years was $3.36B, in fiscal 2017.

Year by year

Fiscal yearOperating incomeNet income
2025ended Dec 31, 2025$428M$441M
2024ended Dec 31, 2024$321M$465M
2023ended Dec 31, 2023$224M$465M
2022ended Dec 31, 2022$1.02B$539M
2021ended Dec 31, 2021$1.72B$977M
2020ended Dec 31, 2020-$3.82B-$3.07B
2019ended Dec 31, 2019$2.96B$2.3B
2018ended Dec 31, 2018$3.21B$2.46B
2017ended Dec 31, 2017$3.41B$3.36B
2016ended Dec 31, 2016$3.52B$2.18B

Fiscal years as SOUTHWEST AIRLINES CO. reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what SOUTHWEST AIRLINES CO. filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.