secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHWEST AIRLINES CO (LUV)
CIK:        0000092380
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0000092380-26-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Q4 2025 net income $323M; FY25 adjusted EPS $0.93; guides 2026 adj EPS >=$4.00
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- Full year 2025 net income $441M ($0.79 EPS); adjusted net income $512M ($0.93 adj EPS).
- FY25 adjusted EBIT $574M, above prior guidance of $500M; record operating revenue $28.1B.
- 2026 adjusted EPS guidance of at least $4.00, implying >300% YoY growth; Q1 adj EPS guidance >=$0.45.
- Returned $2.9B to shareholders via $2.6B buybacks and $399M dividends in 2025.
- Implemented assigned seating, bag fees, basic economy, and other transformation initiatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92380/000009238026000002/0000092380-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92380/000009238026000002/luv-20260128.htm
  HTML page:      https://secwatch.observer/filing/0000092380-26-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer