Southwest Airlines Co revenue by segment LUV

Southwest Airlines Co splits its revenue into 7 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Passenger Revenue Non Loyalty at $6.1 billion, 73% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Revenue
31,546
8,422
8,432
7,249
7,442
6,949
7,244
6,428
6,930
Passenger Revenue Non Loyalty
—
6,122
+25.0%
share 72.7%
6,104
+12.0%
share 72.4%
5,188
+8.9%
share 71.6%
5,331
+3.5%
share 71.6%
4,896
share 70.5%
5,448
share 75.2%
4,766
share 74.1%
5,151
share 74.3%
Passenger Ancillary Sold Separately
—
898
+46.7%
share 10.7%
—
715
+191.8%
share 9.9%
669
+156.3%
share 9.0%
612
share 8.8%
309
share 4.3%
245
share 3.8%
261
share 3.8%
Passenger Loyalty Air Transportation
—
734
-8.8%
share 8.7%
766
-12.0%
share 9.1%
688
-14.0%
share 9.5%
784
-12.4%
share 10.5%
805
share 11.6%
870
share 12.0%
800
share 12.4%
895
share 12.9%
Product And Service Other
—
—
—
—
614
+6.0%
share 8.3%
—
—
—
579
share 8.4%
Product And Service Other Loyalty Program
—
563
+1.1%
share 6.7%
578
+7.8%
share 6.9%
557
+2.4%
share 7.7%
—
557
share 8.0%
536
share 7.4%
544
share 8.5%
—
Product And Service Other Other Miscellaneous
—
58
+56.8%
share 0.7%
59
+59.5%
share 0.7%
57
+78.1%
share 0.8%
—
37
share 0.5%
37
share 0.5%
32
share 0.5%
—
Cargo And Freight
—
48
+14.3%
share 0.6%
50
+13.6%
share 0.6%
44
+7.3%
share 0.6%
44
+0.0%
share 0.6%
42
share 0.6%
44
share 0.6%
41
share 0.6%
44
share 0.6%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Air Transportation, Scheduled (SIC 4512)
Listed as
LUV (NYSE)
Fiscal year ends
December 31
Incorporated in
TX
Headquarters
Dallas, TX
SEC filer status
Large accelerated filer
SEC CIK
92380

Other Air Transportation, Scheduled companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.