FN2 Earnings Intelligence
Southwest Airlines Co. cash flow (quarterly)
Southwest Airlines Co. (LUV) Cash Flow (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $8,134 | $3,475 | $2,902 | $3,328 | $3,791 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $6,428 | $7,244 | $6,949 | $7,249 | $8,432 | $8,203.8 | $8,834.9 |
| % Growth | - | - | - | - | - | 18.1% | - |
| Gross Profit | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| EBITDA | $173 | $625 | $429 | $728 | $687 | - | - |
| % Margin | 2.7% | 8.6% | 6.2% | 10.0% | 8.1% | - | - |
| Net Income | -$149 | $213 | $54 | $227 | $233 | - | - |
| % Margin | -2.3% | 2.9% | 0.8% | 3.1% | 2.8% | - | - |
| Diluted EPS | -$0.26 | $0.39 | $0.10 | $0.45 | $0.47 | $0.66 | $1.47 |
| % Growth | - | - | - | - | - | 559.2% | - |
| Operating Cash Flow | $860 | $401 | $287 | $1,418 | $530 | - | - |
| CapEx | $501 | $635 | $678 | $630 | $818 | - | - |
| Free Cash Flow | $359 | -$234 | -$391 | $788 | -$288 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $6,428 | $7,244 | $6,949 | $7,249 | $8,432 | $8,203.8 | $8,834.9 |
| Gross Profit | - | - | - | - | - | - | - |
| EBITDA | $173 | $625 | $429 | $728 | $687 | - | - |
| Net Income | -$149 | $213 | $54 | $227 | $233 | - | - |
| Diluted EPS | -$0.26 | $0.39 | $0.10 | $0.45 | $0.47 | $0.66 | $1.47 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $8,134 | $3,475 | $2,902 | $3,328 | $3,791 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $1,727 | $1,727 | $1,727 | $1,727 | $1,727 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $860 | $401 | $287 | $1,418 | $530 |
| Capital Expenditure | $501 | $635 | $678 | $630 | $818 |
| Free Cash Flow | $359 | -$234 | -$391 | $788 | -$288 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | - | - | - | - | - |
| EBITDA Margin | 2.7% | 8.6% | 6.2% | 10.0% | 8.1% |
| Net Margin | -2.3% | 2.9% | 0.8% | 3.1% | 2.8% |
| FCF Margin | 5.6% | -3.2% | -5.6% | 10.9% | -3.4% |
| Diluted EPS Growth | - | - | - | - | - |