earnings
confidence high
sentiment negative
materiality 0.75
Southwest Airlines Q1 net loss $149M, withdraws FY EBIT guidance on demand softness
SOUTHWEST AIRLINES CO
2025-Q1 EPS reported
-$0.26
revenue$6,428,000,000
- Net loss of $149M ($0.26 diluted EPS); adjusted net loss $77M ($0.13 per share).
- Record Q1 revenue $6.4B (+1.6% YoY) driven by all-time record yields; leisure demand weakened.
- Withdraws FY2025 and FY2026 EBIT guidance; full-year capacity now seen up ~1% (prev. 1-2%).
- Q2 unit revenue guidance flat to down 4% YoY; CASM-X +3.5% to 5.5%; fuel $2.20-$2.30/gal.
- Repurchased $1B under $2.5B buyback; expects to complete remaining $1.5B by July 2025.