Financial insights of LUV

MyFinsight

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total operating revenues	7,249	7,442	6,949	7,244
Salaries, wages, and benefits	3,297	3,380	3,219	3,262
Aircraft fuel and related taxes	1,356	1,334	1,331	1,326
Maintenance materials and repairs	259	305	299	331
Landing fees and airport rentals	572	541	548	567
Depreciation and amortization	398	370	394	400
Other operating expenses	1,037	1,121	1,123	1,133
Total operating expenses	6,919	7,051	6,914	7,019
Operating income (loss)	330	391	35	225
Interest expense	54	47	35	39
Capitalized interest	12	17	13	13
Interest income	23	33	34	54
Other (gains) losses, net	-26	13	21	27
Total non-operating expenses (income)	-45	16	33	55
Income (loss) before income taxes	285	407	68	280
Provision (benefit) for income taxes	58	84	14	67
Net income (loss)	227	323	54	213

Basic EPS	0.45	0.627	0.1	0.4
Diluted EPS	0.45	0.556	0.1	0.39
Basic Average Shares	498,000,000	515,000,000	523,000,000	538,000,000
Diluted Average Shares	503,000,000	581,000,000	526,000,000	541,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.