Income statement of SOUTHWEST AIRLINES CO, period by period
The same statement from the last 4 quarterly reports (10-Q), one column per filing, newest first. Each number is the filing's own text and each column links to the filing it was read from. Lines that one period has and another does not are marked. Nothing is recalculated.
Income statement 30 lines
2 lines added, 2 dropped between these periods. Revised numbers show here when the columns include periods a year apart (choose 6 or 8 for quarterly).
| Line item | Sep 30, 2026
10-Q · 3 months | Jun 30, 2026
10-Q · 3 months | Mar 31, 2026
10-Q · 3 months | Sep 30, 2025
10-Q · 3 months |
|---|---|---|---|---|
| Passenger | $7,754 | $7,745 | $6,591 | $6,313 |
| Freight | 48 | 50 | 44 | 42 |
| Other | 621 | 637 | 614 | 594 |
| Total operating revenues | 8,422 | 8,432 | 7,249 | 6,949 |
| OPERATING EXPENSES | ||||
| Salaries, wages, and benefits | 3,542 | 3,499 | 3,297 | 3,219 |
| Fuel and oil Dropped | · | · | · | 1,331 |
| Aircraft fuel and related taxes Added | 2,152 | 2,215 | 1,356 | · |
| Maintenance materials and repairs | 303 | 294 | 259 | 299 |
| Landing fees and airport rentals | 623 | 636 | 572 | 548 |
| Depreciation and amortization | 398 | 402 | 398 | 394 |
| Other operating expenses | 1,026 | 1,101 | 1,037 | 1,123 |
| Total operating expenses | 8,043 | 8,147 | 6,919 | 6,914 |
| OPERATING INCOME | 379 | 285 | 330 | 35 |
| NON-OPERATING EXPENSES (INCOME) | ||||
| Interest expense | 70 | 64 | 54 | 35 |
| Capitalized interest | (13) | (12) | (12) | (13) |
| Interest income | (33) | (33) | (23) | (34) |
| Other gains, net | (1) | (40) | 26 | (21) |
| Total non-operating income Dropped | · | · | · | (33) |
| Total non-operating expenses (income) Added | 24 | (21) | 45 | · |
| INCOME BEFORE INCOME TAXES | 355 | 306 | 285 | 68 |
| PROVISION FOR INCOME TAXES | 85 | 73 | 58 | 14 |
| NET INCOME | $270 | $233 | $227 | $54 |
| NET INCOME PER SHARE, BASIC | $0.55 | $0.48 | $0.45 | $0.10 |
| NET INCOME PER SHARE, DILUTED | $0.55 | $0.47 | $0.45 | $0.10 |
| COMPREHENSIVE INCOME | $300 | $256 | $250 | $83 |
| WEIGHTED AVERAGE SHARES OUTSTANDING | ||||
| Basic | 489 | 489 | 498 | 523 |
| Diluted | 494 | 493 | 503 | 526 |
“·” means the filing's statement has no such line. A line whose wording changed only in its profit/loss sign (“Net loss”, “Net income (loss)”) is kept on one row; hover the name to see the other wordings. A line dropped in one period and a similarly worded one added in the next is joined on one row marked “Reworded”; check the note before relying on it. Columns of a cash flow statement cover the months the filing says (a quarterly report adds the quarters of the year so far).