{"schema_version":"secwatch.filing_event.v1","accession":"0000092380-23-000007","form_type":"8-K","ticker":"LUV","cik":"0000092380","company_name":"SOUTHWEST AIRLINES CO","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.607194+00:00","generated_at":"2026-06-20T08:58:54.304808+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Southwest Airlines Q4 net loss $220M; Dec disruptions cost $800M pretax; guides Q1 net loss","bullets":["Q4 net loss $220M ($0.37 loss per diluted share); adjusted loss $226M ($0.38).","Dec operational disruptions cost ~$800M pretax, caused 16,700 flight cancellations.","Record Q4 revenue $6.2B (+7.7% vs 2019); full year revenue $23.8B (+6.2% vs 2019).","Expects Q1 2023 net loss; full year 2023 solid profits with margin expansion.","Q1 revenue guidance up 20-24% YoY; Q1 CASM-X up 2-4% (two points worse than prior)."],"urls":{"canonical":"https://secwatch.observer/filing/0000092380-23-000007","json":"https://secwatch.observer/filing/0000092380-23-000007.json","markdown":"https://secwatch.observer/filing/0000092380-23-000007.md","text":"https://secwatch.observer/filing/0000092380-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000007/0000092380-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000007/luv-20230126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T08:58:54.304808+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"08b59ea4ec089ad8038e95c709f029f16327f14c","claim":"SOUTHWEST AIRLINES CO reported fourth quarter 2022 results: revenue $6.2 billion, net income $220 million, EPS ($0.37) loss per diluted share.","evidence_excerpt":"Fourth quarter net loss of $220 million, or $0.37 loss per diluted share • Fourth quarter net loss, excluding special items 1 , of $226 million , or $0.38 loss per diluted share • Full year net income of $539 million, or $0.87 per diluted share • Full year net income, excluding special items, of $723 million , or $1.16 per diluted share • Record fourth quarter and full year operating revenues of $6.2 billion and $23.8 billion, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000007/0000092380-23-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2022"},{"label":"Revenue","value":"$6.2 billion"},{"label":"Net income","value":"$220 million"},{"label":"EPS","value":"($0.37) loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9bcb84a78ffc3317ef012cbdd60d79799a5f0722","claim":"SOUTHWEST AIRLINES CO reported full year 2022 results: revenue $23.8 billion, net income $539 million, EPS $0.87 per diluted share.","evidence_excerpt":"Full year net income of $539 million, or $0.87 per diluted share • Full year net income, excluding special items, of $723 million , or $1.16 per diluted share • Record fourth quarter and full year operating revenues of $6.2 billion and $23.8 billion, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000007/0000092380-23-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Revenue","value":"$23.8 billion"},{"label":"Net income","value":"$539 million"},{"label":"EPS","value":"$0.87 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}