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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Southwest Airlines Co.'s Revenue by Segment

In fiscal year 2023, Southwest Airlines Co.'s revenue by segment (products & services) are as follows:

  • Freight: $175.00M
  • Other: $2.28B
  • Passenger: $23.64B

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

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

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

In fiscal year 2021, Southwest Airlines Co.'s revenue by segment is as follows:

  • Freight generated $187.00M in revenue, representing 1.18% of its total revenue.
  • Other generated $1.54B in revenue, representing 9.73% of its total revenue.
  • Passenger generated $14.07B in revenue, representing 89.08% of its total revenue.

The biggest segment for Southwest Airlines Co. is the Passenger, which represents 89.08% of its total revenue.
The smallest segment for Southwest Airlines Co. is the Freight, which represents 1.18% of its total revenue.

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 $177.00M in revenue, representing 0.74% of its total revenue.
  • Other generated $2.23B in revenue, representing 9.36% of its total revenue.
  • Passenger generated $21.41B 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 $175.00M in revenue, representing 0.67% of its total revenue.
  • Other generated $2.28B in revenue, representing 8.73% of its total revenue.
  • Passenger generated $23.64B 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.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
Passenger 89.08% 89.9% 90.59%
Freight 1.18% 0.74% 0.67%
Other 9.73% 9.36% 8.73%
Total Revenue 100% 100% 100%

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

In fiscal year 2023, the Passenger generated the most revenue ($23.64B), and the Freight generated the least revenue ($175.00M).

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

  • Freight revenue decreased -1.13% ($2.00M) from $177.00M (in 2022) to $175.00M (in 2023).
  • Other revenue increased 2.24% ($50.00M) from $2.23B (in 2022) to $2.28B (in 2023).
  • Passenger revenue increased 10.41% ($2.23B) from $21.41B (in 2022) to $23.64B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    Freight $187.00M - $177.00M
    5.35%
    $175.00M
    1.13%
    Other $1.54B - $2.23B
    45.02%
    $2.28B
    2.24%
    Passenger $14.07B - $21.41B
    52.20%
    $23.64B
    10.41%
    Total Revenue $15.79B - $23.81B
    50.82%
    $26.09B
    9.56%