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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:

  • PassengerAncillarySoldSeparately: $925.00M
  • PassengerLoyaltyAirTransportation: $3.64B
  • PassengerRevenueNonLoyalty: $19.07B

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:

  • PassengerAncillarySoldSeparately generated $553.00M in revenue, representing 3.93% of its total revenue.
  • PassengerLoyaltyAirTransportation generated $2.14B in revenue, representing 15.19% of its total revenue.
  • PassengerRevenueNonLoyalty generated $11.38B in revenue, representing 80.88% of its total revenue.

The biggest segment for Southwest Airlines Co. is the PassengerRevenueNonLoyalty, which represents 80.88% of its total revenue.
The smallest segment for Southwest Airlines Co. is the PassengerAncillarySoldSeparately, which represents 3.93% 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:

  • PassengerAncillarySoldSeparately generated $735.00M in revenue, representing 3.43% of its total revenue.
  • PassengerLoyaltyAirTransportation generated $3.03B in revenue, representing 14.14% of its total revenue.
  • PassengerRevenueNonLoyalty generated $17.65B in revenue, representing 82.42% of its total revenue.

The biggest segment for Southwest Airlines Co. is the PassengerRevenueNonLoyalty, which represents 82.42% of its total revenue.
The smallest segment for Southwest Airlines Co. is the PassengerAncillarySoldSeparately, which represents 3.43% 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:

  • PassengerAncillarySoldSeparately generated $925.00M in revenue, representing 3.91% of its total revenue.
  • PassengerLoyaltyAirTransportation generated $3.64B in revenue, representing 15.4% of its total revenue.
  • PassengerRevenueNonLoyalty generated $19.07B in revenue, representing 80.69% of its total revenue.

The biggest segment for Southwest Airlines Co. is the PassengerRevenueNonLoyalty, which represents 80.69% of its total revenue.
The smallest segment for Southwest Airlines Co. is the PassengerAncillarySoldSeparately, which represents 3.91% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
PassengerAncillarySoldSeparately 3.93% 3.43% 3.91%
PassengerLoyaltyAirTransportation 15.19% 14.14% 15.4%
PassengerRevenueNonLoyalty 80.88% 82.42% 80.69%
Total Revenue 100% 100% 100%

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

In fiscal year 2023, the PassengerRevenueNonLoyalty generated the most revenue ($19.07B), and the PassengerAncillarySoldSeparately generated the least revenue ($925.00M).

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

  • PassengerAncillarySoldSeparately revenue increased 25.85% ($190.00M) from $735.00M (in 2022) to $925.00M (in 2023).
  • PassengerLoyaltyAirTransportation revenue increased 20.18% ($611.00M) from $3.03B (in 2022) to $3.64B (in 2023).
  • PassengerRevenueNonLoyalty revenue increased 8.09% ($1.43B) from $17.65B (in 2022) to $19.07B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    PassengerAncillarySoldSeparately $553.00M - $735.00M
    32.91%
    $925.00M
    25.85%
    PassengerLoyaltyAirTransportation $2.14B - $3.03B
    41.76%
    $3.64B
    20.18%
    PassengerRevenueNonLoyalty $11.38B - $17.65B
    55.09%
    $19.07B
    8.09%
    Total Revenue $14.07B - $21.41B
    52.20%
    $23.64B
    10.41%