Southwest Airlines Q1 net income $227M, revenue $7.2B record; Q2 EPS guide $0.35-$0.65

SOUTHWEST AIRLINES CO

2026-Q1 EPS reported $0.45 vs consensus $0.48 ▼ miss (-5.8%)

Q1 net income $227M ($0.45 EPS), operating revenue $7.2B (record, +12.8% YoY).
Operating margin 4.6% (+8.1 pts YoY); Q2 adjusted EPS guidance $0.35-$0.65.
Q1 RASM +11.2% YoY, above guidance; Q2 RASM expected +16.5%-18.5%.
Q1 fuel cost $2.73/gal, $0.22 EPS headwind vs guidance $2.40; Q2 fuel assumed $4.10-$4.15.
Returned $1.3B to shareholders via $1.25B buyback and $93M dividends in Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SOUTHWEST AIRLINES CO updated its first quarter 2026 guidance (reaffirmed).

Period: first quarter 2026
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On April 22, 2026, the Registrant issued a press release (the "Earnings Press Release") announcing its financial results for first quarter 2026. The Earnings Press Release is furnished herewith as Exhibit 99.1 and is incorporated by reference into this Item 2.02.

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

SOUTHWEST AIRLINES CO filing history →

Source: SEC EDGAR

accession 0000092380-26-000044

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.