Quick answer
Southwest Airlines Co. (LUV) reported revenue of $28.06B and net income of $441.0M for the fiscal year ended 2025-12-31, up 2.1% from $27.48B the year before, per its 10-K filed with the SEC on 2026-02-05. Long-term debt stood at $4.93B.
Data as of 2025-12-31. Source: SEC EDGAR XBRL company facts (10-K/10-Q filings)
| Fiscal year | Revenue | Net income | Long-term debt |
|---|---|---|---|
| 2025 (FY ending 2025-12-31) | $28.06B | $441.0M | $4.93B |
| 2024 (FY ending 2024-12-31) | $27.48B | $465.0M | $6.70B |
| 2023 (FY ending 2023-12-31) | $26.09B | $465.0M | $8.01B |
| 2022 (FY ending 2022-12-31) | $23.81B | $539.0M | $8.10B |
| 2021 (FY ending 2021-12-31) | $15.79B | $977.0M | — |
| 2020 (FY ending 2020-12-31) | $9.05B | -$3.07B | — |
| 2019 (FY ending 2019-12-31) | $22.43B | $2.30B | — |
| 2018 (FY ending 2018-12-31) | $21.96B | $2.46B | — |
| 2017 (FY ending 2017-12-31) | $21.17B | $3.36B | — |
| 2016 (FY ending 2016-12-31) | $20.43B | $2.18B | — |
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Last updated 2026-10-16. Data only, not financial or tax advice.