---
schema_version: "secwatch.filing_event.v1"
accession: "0000092380-25-000138"
form_type: "8-K"
ticker: "LUV"
cik: "0000092380"
company_name: "SOUTHWEST AIRLINES CO"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:55:23.546706+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southwest Q3 net income $54M, record revenue $6.9B; reaffirms FY25 EBIT guidance

## Summary
- Net income $54M ($0.10 diluted EPS); adjusted net income $58M ($0.11 diluted EPS).
- Record Q3 operating revenue $6.9B (+1.1% YoY); RASM +0.4%, above guidance midpoint.
- CASM-X +2.5% YoY, better than anticipated; reaffirms FY2025 EBIT guidance $600M-$800M.
- Returned $439M to shareholders via dividends ($189M) and buybacks ($250M).
- Launched assigned/extra legroom seating sale for Jan 27, 2026; bookings in line; expects all-time Q4 record revenue.

## SEC filing metadata
- accession: 0000092380-25-000138
- form_type: 8-K
- ticker: LUV
- cik: 0000092380
- company_name: SOUTHWEST AIRLINES CO
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92380/000009238025000138/0000092380-25-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92380/000009238025000138/luv-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092380-25-000138
- JSON: https://secwatch.observer/filing/0000092380-25-000138.json
- Plain text: https://secwatch.observer/filing/0000092380-25-000138.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.