LUV — Southwest Airlines Co Income Statement

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Annual income statement for Southwest Airlines Co, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	15,790	23,814	26,091	27,483	28,063
Cost of Revenue
Gross Profit	11,024	16,331	18,085	19,709	20,645
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	14,097	22,990	25,867	27,164	27,635
Operating Profit	1,693	824	224	319	428
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,325	728	633	598	563
Provision for Income Taxes
Net Income After Taxes	977	539	465	465	441
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	977	539	465	465	441
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	977	539	465	465	441
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-1.51	1.09	0.863	0.818	1.06
Dividends per Share