{"schema_version":"secwatch.filing_event.v1","accession":"0000092380-26-000044","form_type":"8-K","ticker":"LUV","cik":"0000092380","company_name":"SOUTHWEST AIRLINES CO","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.941869+00:00","generated_at":"2026-05-15T05:01:57.450695+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Southwest Airlines Q1 net income $227M, revenue $7.2B record; Q2 EPS guide $0.35-$0.65","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000092380-26-000044","json":"https://secwatch.observer/filing/0000092380-26-000044.json","markdown":"https://secwatch.observer/filing/0000092380-26-000044.md","text":"https://secwatch.observer/filing/0000092380-26-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92380/000009238026000044/0000092380-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92380/000009238026000044/luv-20260422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:01:57.450695+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":"11c9dde5ad780af33d50cecf60129a32cd01d78d","claim":"SOUTHWEST AIRLINES CO updated its first quarter 2026 guidance (reaffirmed).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238026000044/0000092380-26-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Guidance","value":"reaffirmed"},{"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"}