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Southwest Airlines Co. (LUV) Operating expenses

annual operating expenses:

$4.13B+$138.00M(+3.46%)
December 31, 2024

Summary

  • As of today (August 18, 2025), LUV annual total operating expenses is $4.13 billion, with the most recent change of +$138.00 million (+3.46%) on December 31, 2024.
  • During the last 3 years, LUV annual operating expenses has risen by +$1.74 billion (+72.95%).
  • LUV annual operating expenses is now -12.59% below its all-time high of $4.72 billion, reached on December 31, 2008.

Performance

LUV Operating expenses Chart

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quarterly operating expenses:

$1.13B+$48.00M(+4.43%)
June 30, 2025

Summary

  • As of today (August 18, 2025), LUV quarterly total operating expenses is $1.13 billion, with the most recent change of +$48.00 million (+4.43%) on June 30, 2025.
  • Over the past year, LUV quarterly operating expenses has increased by +$40.00 million (+3.67%).
  • LUV quarterly operating expenses is now -37.47% below its all-time high of $1.81 billion, reached on December 31, 1997.

Performance

LUV quarterly operating expenses Chart

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Operating expenses Formula

Operating Expenses = Selling, General & Administrative (SG&A) Expenses + Research & Development (R&D) Expenses + Depreciation & Amortization + Other Operating Expenses

LUV Operating expenses Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+3.5%+3.7%
3 y3 years+73.0%+43.4%
5 y5 years+36.5%+414.1%

LUV Operating expenses Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+73.0%-18.6%+43.4%
5 y5-yearat high+114.4%-18.6%+414.1%
alltimeall time-12.6%>+9999.0%-37.5%+998.1%

LUV Operating expenses History

DateAnnualQuarterly
Jun 2025
-
$1.13B(+4.4%)
Mar 2025
-
$1.08B(+14.2%)
Dec 2024
$4.13B(+3.5%)
$948.00M(-12.0%)
Sep 2024
-
$1.08B(-1.3%)
Jun 2024
-
$1.09B(+7.4%)
Mar 2024
-
$1.02B(-10.0%)
Dec 2023
$3.99B(+7.1%)
$1.13B(+18.1%)
Sep 2023
-
$956.00M(+0.2%)
Jun 2023
-
$954.00M(+0.4%)
Mar 2023
-
$950.00M(-31.7%)
Dec 2022
$3.73B(+56.1%)
$1.39B(+70.1%)
Sep 2022
-
$817.00M(+3.5%)
Jun 2022
-
$789.00M(+8.2%)
Mar 2022
-
$729.00M(+6.9%)
Dec 2021
$2.39B(+24.0%)
$682.00M(+3.2%)
Sep 2021
-
$661.00M(+13.0%)
Jun 2021
-
$585.00M(+26.6%)
Mar 2021
-
$462.00M(-11.2%)
Dec 2020
$1.93B(-36.4%)
$520.00M(+6.6%)
Sep 2020
-
$488.00M(+121.8%)
Jun 2020
-
$220.00M(-68.5%)
Mar 2020
-
$698.00M(-8.8%)
Dec 2019
$3.03B(+6.1%)
$765.00M(+0.4%)
Sep 2019
-
$762.00M(-0.8%)
Jun 2019
-
$768.00M(+5.2%)
Mar 2019
-
$730.00M(-3.4%)
Dec 2018
$2.85B(+0.2%)
$756.00M(+2.3%)
Sep 2018
-
$739.00M(+1.1%)
Jun 2018
-
$731.00M(+17.0%)
Mar 2018
-
$625.00M(-9.8%)
Dec 2017
$2.85B(+5.3%)
$693.00M(-6.5%)
Sep 2017
-
$741.00M(+1.9%)
Jun 2017
-
$727.00M(+5.7%)
Mar 2017
-
$688.00M(+4.4%)
Dec 2016
$2.70B(+22.6%)
$659.00M(+0.2%)
Sep 2016
-
$658.00M(+6.3%)
Jun 2016
-
$619.00M(+7.1%)
Mar 2016
-
$578.00M(-5.4%)
Dec 2015
$2.21B(0.0%)
$611.00M(+6.8%)
Sep 2015
-
$572.00M(+1.6%)
Jun 2015
-
$563.00M(+22.4%)
Mar 2015
-
$460.00M(-20.3%)
Dec 2014
$2.21B(+3.7%)
$577.00M(+1.6%)
Sep 2014
-
$568.00M(+6.6%)
Jun 2014
-
$533.00M(+1.3%)
Mar 2014
-
$526.00M(-7.9%)
Dec 2013
$2.13B(+4.3%)
$571.00M(+7.3%)
Sep 2013
-
$532.00M(+2.5%)
Jun 2013
-
$519.00M(+3.6%)
Mar 2013
-
$501.00M(-6.2%)
Dec 2012
$2.04B(+8.5%)
$534.00M(+4.9%)
Sep 2012
-
$509.00M(+1.2%)
Jun 2012
-
$503.00M(+2.7%)
Mar 2012
-
$490.00M(-3.4%)
Dec 2011
$1.88B(+31.8%)
$507.00M(-2.9%)
Sep 2011
-
$522.00M(+10.8%)
Jun 2011
-
$471.00M(+18.9%)
Mar 2011
-
$396.00M(-1.7%)
Dec 2010
$1.43B(+6.7%)
$403.00M(+11.0%)
Sep 2010
-
$363.00M(+17.5%)
Jun 2010
-
$309.00M(-7.5%)
Mar 2010
-
$334.00M(-3.7%)
Dec 2009
$1.34B(-71.7%)
$347.00M(+7.1%)
Sep 2009
-
$324.00M(-4.1%)
Jun 2009
-
$338.00M(+3.0%)
Mar 2009
-
$328.00M(+67.3%)
Dec 2008
$4.72B(+229.5%)
$196.00M(-51.2%)
Sep 2008
-
$402.00M(+1.8%)
Jun 2008
-
$395.00M(+0.8%)
Mar 2008
-
$392.00M(+5.4%)
Dec 2007
$1.43B(+8.1%)
$372.00M(+2.8%)
Sep 2007
-
$362.00M(-0.3%)
Jun 2007
-
$363.00M(+7.7%)
Mar 2007
-
$337.00M(-2.3%)
Dec 2006
$1.33B
$345.00M(+3.9%)
Sep 2006
-
$332.00M(0.0%)
Jun 2006
-
$332.00M(+5.1%)
DateAnnualQuarterly
Mar 2006
-
$316.00M(-8.1%)
Dec 2005
$1.20B(+13.8%)
$344.00M(+14.3%)
Sep 2005
-
$301.00M(-69.1%)
Jun 2005
-
$975.00M(+262.5%)
Mar 2005
-
$269.00M(-69.8%)
Dec 2004
$1.06B(+7.6%)
$891.00M(+2.9%)
Sep 2004
-
$866.00M(-3.7%)
Jun 2004
-
$899.00M(+6.6%)
Mar 2004
-
$843.00M(+1.6%)
Dec 2003
$983.00M(-3.3%)
$830.00M(+4.5%)
Sep 2003
-
$794.00M(-4.6%)
Jun 2003
-
$832.00M(+10.8%)
Mar 2003
-
$751.00M(+189.3%)
Dec 2002
$1.02B(+5.6%)
$259.60M(-70.2%)
Sep 2002
-
$871.87M(+14.0%)
Jun 2002
-
$764.76M(+7.5%)
Mar 2002
-
$711.57M(+12.0%)
Dec 2001
$962.77M(+12.0%)
$635.22M(-24.4%)
Sep 2001
-
$840.49M(+17.0%)
Jun 2001
-
$718.65M(+5.1%)
Mar 2001
-
$684.10M(-2.1%)
Dec 2000
$859.81M(+8.6%)
$698.61M(+223.6%)
Sep 2000
-
$215.91M(+1.8%)
Jun 2000
-
$212.11M(+7.8%)
Mar 2000
-
$196.83M(-7.0%)
Dec 1999
$791.93M(+12.6%)
$211.65M(+8.5%)
Sep 1999
-
$195.11M(-2.0%)
Jun 1999
-
$199.05M(+6.9%)
Mar 1999
-
$186.13M(+2.4%)
Dec 1998
$703.60M(+8.9%)
$181.77M(+3.7%)
Sep 1998
-
$175.28M(-1.6%)
Jun 1998
-
$178.19M(+5.8%)
Mar 1998
-
$168.36M(-90.7%)
Dec 1997
$646.01M(+5.1%)
$1.81B(+176.6%)
Sep 1997
-
$654.00M(+4.3%)
Jun 1997
-
$626.90M(+3.0%)
Mar 1997
-
$608.60M(-64.4%)
Dec 1996
$614.75M(+23.4%)
$1.71B(+188.4%)
Sep 1996
-
$591.90M(+1.1%)
Jun 1996
-
$585.60M(+6.7%)
Mar 1996
-
$549.00M(+6.1%)
Dec 1995
$498.37M(+13.8%)
$517.20M(+2.8%)
Sep 1995
-
$503.00M(+2.0%)
Jun 1995
-
$493.30M(+6.6%)
Mar 1995
-
$462.70M(+2.3%)
Dec 1994
$437.95M(+14.4%)
$452.20M(-0.1%)
Sep 1994
-
$452.70M(+2.4%)
Jun 1994
-
$442.00M(+80.4%)
Mar 1994
-
$245.00M(-12.4%)
Dec 1993
$382.94M(+46.1%)
$279.70M(+26.1%)
Sep 1993
-
$221.80M(+5.0%)
Jun 1993
-
$211.20M(+9.2%)
Mar 1993
-
$193.40M(+3.2%)
Dec 1992
$262.11M(+19.2%)
$187.40M(+1.5%)
Sep 1992
-
$184.60M(+6.5%)
Jun 1992
-
$173.30M(+5.7%)
Mar 1992
-
$164.00M(+7.6%)
Dec 1991
$219.85M(+19.6%)
$152.40M(+0.8%)
Sep 1991
-
$151.20M(+8.8%)
Jun 1991
-
$139.00M(+4.7%)
Mar 1991
-
$132.80M(+5.2%)
Dec 1990
$183.87M(+11.6%)
$126.20M(-4.4%)
Sep 1990
-
$132.00M(+0.3%)
Jun 1990
-
$131.60M(+10.6%)
Mar 1990
-
$119.00M(+7.8%)
Dec 1989
$164.70M(+7.9%)
$110.40M(-1.4%)
Sep 1989
-
$112.00M(+2.4%)
Jun 1989
-
$109.40M(+6.2%)
Mar 1989
-
$103.00M
Dec 1988
$152.58M(+0.5%)
-
Dec 1987
$151.83M(+3.9%)
-
Dec 1986
$146.16M(+24.3%)
-
Dec 1985
$117.62M(+36.5%)
-
Dec 1984
$86.16M(+23.6%)
-
Dec 1983
$69.69M(+42.7%)
-
Dec 1982
$48.84M(+38.4%)
-
Dec 1981
$35.29M(+19.3%)
-
Dec 1980
$29.58M
-

FAQ

  • What is Southwest Airlines Co. annual total operating expenses?
  • What is the all time high annual operating expenses for Southwest Airlines Co.?
  • What is Southwest Airlines Co. annual operating expenses year-on-year change?
  • What is Southwest Airlines Co. quarterly total operating expenses?
  • What is the all time high quarterly operating expenses for Southwest Airlines Co.?
  • What is Southwest Airlines Co. quarterly operating expenses year-on-year change?

What is Southwest Airlines Co. annual total operating expenses?

The current annual operating expenses of LUV is $4.13B

What is the all time high annual operating expenses for Southwest Airlines Co.?

Southwest Airlines Co. all-time high annual total operating expenses is $4.72B

What is Southwest Airlines Co. annual operating expenses year-on-year change?

Over the past year, LUV annual total operating expenses has changed by +$138.00M (+3.46%)

What is Southwest Airlines Co. quarterly total operating expenses?

The current quarterly operating expenses of LUV is $1.13B

What is the all time high quarterly operating expenses for Southwest Airlines Co.?

Southwest Airlines Co. all-time high quarterly total operating expenses is $1.81B

What is Southwest Airlines Co. quarterly operating expenses year-on-year change?

Over the past year, LUV quarterly total operating expenses has changed by +$40.00M (+3.67%)
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