Form 8-K · Current report
Southwest Airlines 8-K, filed Oct 21, 2026
- Filed
- CIK
- 0000092380
- Accession no.
- 0000092380-26-000104
Summary
Southwest Airlines reported record third-quarter 2026 operating revenue of $8.4 billion, up 21.2% year over year, and net income of $270 million, while guiding to fourth-quarter adjusted EPS of $0.55 to $0.80 and lowering its full-year 2026 capacity growth expectation to roughly 1.2%. CEO Bob Jordan said demand remained strong despite significantly higher fuel costs and that the company will lay out its multi-year financial framework at a Capital Markets Day on March 2, 2027.
Key points
- Third-quarter 2026 net income was $270 million, or $0.55 per diluted share, with adjusted net income of $328 million, or $0.66 per adjusted share.
- Unit revenues rose 21.6% to an all-time record on capacity down 0.4%, and operating margin rose 4.0 points to 4.5% despite an $821 million increase in fuel expense.
- Fuel cost averaged $3.92 per gallon, above prior assumptions of $3.70 to $3.75, and fourth-quarter fuel is assumed at about $4.55 per gallon.
- Southwest announced the Southwest Icon Lounge network, its first airport lounges, with first guests expected in 2027, and returned $176 million to shareholders through dividends.
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 October 21, 2026, the Registrant issued a press release (the "Earnings Press Release") announcing its financial results for third 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.