Southwest Airlines Q1 2025 Update
Ticker: LUV · Form: 10-Q · Filed: 2025-04-25T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financials, airline
Related Tickers: AAL, UAL, DAL, LUV
TL;DR
Southwest Airlines Q1 2025 financials are in, showing passenger, cargo, and other revenue streams.
AI Summary
Southwest Airlines Co. reported its first quarter 2025 results, ending March 31, 2025. The company's filing details revenue from passenger, cargo, and other services for the first quarter of 2025 and 2024. It also provides balance sheet information as of March 31, 2025, and December 31, 2024, including common stock, additional paid-in capital, and retained earnings.
Why It Matters
This filing provides investors with key financial performance indicators for Southwest Airlines in the first quarter of 2025, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing with standard financial disclosures.
Key Numbers
- Q1 2025 — Reporting Period (First quarter of 2025 financial performance)
- 2025-03-31 — Balance Sheet Date (End of Q1 2025 financial position)
- 2024-12-31 — Previous Balance Sheet Date (End of previous fiscal year financial position)
Key Players & Entities
- SOUTHWEST AIRLINES CO (company) — Filer
- 20250331 (date) — Reporting period end date
- 20250425 (date) — Filing date
- 2147924000 (dollar_amount) — Business phone number
FAQ
What were the total revenues for the first quarter of 2025?
The filing provides breakdowns for passenger, cargo, and other revenues for Q1 2025, but does not explicitly state a single total revenue figure in the provided snippet.
How does Q1 2025 passenger revenue compare to Q1 2024?
The filing indicates revenue from passenger operations for both Q1 2025 and Q1 2024, allowing for a year-over-year comparison.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the company's primary business activity?
The company's Standard Industrial Classification is 'AIR TRANSPORTATION, SCHEDULED [4512]'.
What are the key components of Southwest's equity as of March 31, 2025?
As of March 31, 2025, the filing indicates common stock, additional paid-in capital, and retained earnings are key components of equity.
From the Filing
0000092380-25-000083.txt : 20250425 0000092380-25-000083.hdr.sgml : 20250425 20250424180251 ACCESSION NUMBER: 0000092380-25-000083 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 86 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250425 DATE AS OF CHANGE: 20250424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO CENTRAL INDEX KEY: 0000092380 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation EIN: 741563240 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-07259 FILM NUMBER: 25869172 BUSINESS ADDRESS: STREET 1: 2702 LOVE FIELD DR STREET 2: P O BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2147924000 MAIL ADDRESS: STREET 1: PO BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235-1611 FORMER COMPANY: FORMER CONFORMED NAME: AIR SOUTHWEST CO DATE OF NAME CHANGE: 19760108 10-Q 1 luv-20250331.htm 1ST QUARTER 2025 FORM 10-Q luv-20250331 0000092380 12/31 2025 Q1 false http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense 0.02 0.02 0.02 0.0259909 0.0275005 0.02 0.02 0.02 xbrli:shares iso4217:USD iso4217:USD xbrli:shares utr:gal xbrli:pure luv:aircraft luv:program luv:position 0000092380 2025-01-01 2025-03-31 0000092380 2025-04-23 0000092380 2025-03-31 0000092380 2024-12-31 0000092380 us-gaap:PassengerMember 2025-01-01 2025-03-31 0000092380 us-gaap:PassengerMember 2024-01-01 2024-03-31 0000092380 us-gaap:CargoAndFreightMember 2025-01-01 2025-03-31 0000092380 us-gaap:CargoAndFreightMember 2024-01-01 2024-03-31 0000092380 us-gaap:ProductAndServiceOtherMember 2025-01-01 2025-03-31 0000092380 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-03-31 0000092380 2024-01-01 2024-03-31 0000092380 us-gaap:CommonStockMember 2024-12-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000092380 us-gaap:RetainedEarningsMember 2024-12-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000092380 us-gaap:TreasuryStockCommonMember 2024-12-31 0000092380 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0000092380 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0000092380 us-gaap:CommonStockMember 2025-03-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0000092380 us-gaap:RetainedEarningsMember 2025-03-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0000092380 us-gaap:TreasuryStockCommonMember 2025-03-31 0000092380 us-gaap:CommonStockMember 2023-12-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000092380 us-gaap:RetainedEarningsMember 2023-12-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000092380 us-gaap:TreasuryStockCommonMember 2023-12-31 0000092380 2023-12-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000092380 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0000092380 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000092380 us-gaap:CommonStockMember 2024-03-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000092380 us-gaap:RetainedEarningsMember 2024-03-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000092380 us-gaap:TreasuryStockCommonMember 2024-03-31 0000092380 2024-03-31 0000092380 luv:DerivativeInstrumentCurrentYearMember 2025-01-01 2025-03-31 0000092380 luv:DerivativeInstrumentNextYearMember 2025-01-01 2025-03-31 0000092380 luv:DerivativeInstrumentYearTwoMember 2025-01-01 2025-03-31 0000092380 us-gaap:CommodityContractMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2025-03-31 0000092380 us-gaap:Commodi