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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Southwest Airlines Co.'s Revenue by Segment

In fiscal year 2024, Southwest Airlines Co.'s revenue by segment (products & services) are as follows:

  • PassengerAncillarySoldSeparately: $1.03 B
  • PassengerLoyaltyAirTransportation: $3.48 B
  • PassengerRevenueNonLoyalty: $20.47 B

Learn more about Southwest Airlines Co.’s Revenue by Geography

Check out competitors to Southwest Airlines Co. in a side-by-side comparison.

Explore additional financial metrics for Southwest Airlines Co..

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The above chart shows Southwest Airlines Co.'s revenue percentage share by segment (products and services).

In fiscal year 2022, Southwest Airlines Co.'s revenue by segment is as follows:

  • Freight generated $177.00 M in revenue, representing 0.74% of its total revenue.
  • Other generated $2.23 B in revenue, representing 9.36% of its total revenue.
  • Passenger generated $21.41 B in revenue, representing 89.9% of its total revenue.

The biggest segment for Southwest Airlines Co. is the Passenger, which represents 89.9% of its total revenue.
The smallest segment for Southwest Airlines Co. is the Freight, which represents 0.74% of its total revenue.

The above chart shows Southwest Airlines Co.'s revenue percentage share by segment (products and services).

In fiscal year 2023, Southwest Airlines Co.'s revenue by segment is as follows:

  • Freight generated $175.00 M in revenue, representing 0.67% of its total revenue.
  • Other generated $2.28 B in revenue, representing 8.73% of its total revenue.
  • Passenger generated $23.64 B in revenue, representing 90.59% of its total revenue.

The biggest segment for Southwest Airlines Co. is the Passenger, which represents 90.59% of its total revenue.
The smallest segment for Southwest Airlines Co. is the Freight, which represents 0.67% of its total revenue.

The above chart shows Southwest Airlines Co.'s revenue percentage share by segment (products and services).

In fiscal year 2024, Southwest Airlines Co.'s revenue by segment is as follows:

  • PassengerAncillarySoldSeparately generated $1.03 B in revenue, representing 4.12% of its total revenue.
  • PassengerLoyaltyAirTransportation generated $3.48 B in revenue, representing 13.95% of its total revenue.
  • PassengerRevenueNonLoyalty generated $20.47 B in revenue, representing 81.93% of its total revenue.

The biggest segment for Southwest Airlines Co. is the PassengerRevenueNonLoyalty, which represents 81.93% of its total revenue.
The smallest segment for Southwest Airlines Co. is the PassengerAncillarySoldSeparately, which represents 4.12% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Passenger 89.9% 90.59% -
Freight 0.74% 0.67% -
Other 9.36% 8.73% -
PassengerAncillarySoldSeparately - - 4.12%
PassengerLoyaltyAirTransportation - - 13.95%
PassengerRevenueNonLoyalty - - 81.93%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Southwest Airlines Co..

In fiscal year 2024, the PassengerRevenueNonLoyalty generated the most revenue ($20.47 B), and the PassengerAncillarySoldSeparately generated the least revenue ($1.03 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Freight revenue decreased -100% ($175.00 M) from $175.00 M (in 2023) to $0.00 (in 2024).
  • Other revenue decreased -100% ($2.28 B) from $2.28 B (in 2023) to $0.00 (in 2024).
  • Passenger revenue decreased -100% ($23.64 B) from $23.64 B (in 2023) to $0.00 (in 2024).
  • PassengerAncillarySoldSeparately revenue increased 100% ($1.03 B) from $0.00 (in 2023) to $1.03 B (in 2024).
  • PassengerLoyaltyAirTransportation revenue increased 100% ($3.48 B) from $0.00 (in 2023) to $3.48 B (in 2024).
  • PassengerRevenueNonLoyalty revenue increased 100% ($20.47 B) from $0.00 (in 2023) to $20.47 B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Freight $177.00 M - $175.00 M
    1.13%
    - -
    Other $2.23 B - $2.28 B
    2.24%
    - -
    Passenger $21.41 B - $23.64 B
    10.41%
    - -
    PassengerAncillarySoldSeparately - - - - $1.03 B -
    PassengerLoyaltyAirTransportation - - - - $3.48 B -
    PassengerRevenueNonLoyalty - - - - $20.47 B -
    Total Revenue $23.81 B - $26.09 B
    9.56%
    $24.98 B
    4.26%