Form 8-K · Current report
Southwest Airlines 8-K, filed Jul 22, 2026
- Filed
- CIK
- 0000092380
- Accession no.
- 0000092380-26-000074
Summary
Southwest Airlines reported second-quarter 2026 net income of $233 million, or $0.47 diluted EPS, on record operating revenues of $8.4 billion, up 16.4% year over year, and guided full-year adjusted EPS to $3.25–$4.25, replacing its prior expectation of at least $4.00. CEO Bob Jordan said the results showed the company's earnings power despite a nearly $900 million increase in fuel expense and that Southwest is positioned for earnings growth and margin expansion for the remainder of 2026.
Key points
- Southwest reported second-quarter 2026 net income of $233 million, or $0.47 diluted EPS, and adjusted net income of $465 million, or $0.94 adjusted EPS.
- Operating revenues were a record $8.4 billion, up 16.4% year over year, while adjusted operating revenues were $8.7 billion, up 20.3%.
- Fuel expense increased by $889 million year over year, representing a $1.17 headwind to adjusted EPS; second-quarter fuel cost was $3.92 per gallon.
- Southwest guided third-quarter 2026 adjusted EPS to $0.50–$0.75 and full-year 2026 adjusted EPS to $3.25–$4.25, replacing its prior expectation of at least $4.00.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On July 22, 2026, the Registrant issued a press release (the "Earnings Press Release") announcing its financial results for second quarter 2026. The Earnings Press Release is furnished herewith as Exhibit 99.1 and is incorporated by reference into this Item 2.02. The information furnished in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.