Southwest Q2 net income $233M, record revenue $8.4B; cuts FY2026 adjusted EPS guidance to $3.25-$4.25

SOUTHWEST AIRLINES CO

Net income $233M ($0.47 diluted EPS); adjusted net income $465M ($0.94 adjusted EPS).
Record operating revenues $8.4B, up 16.4% YoY; adjusted operating revenues $8.7B, up 20.3%.
Full-year 2026 adjusted EPS guidance lowered to $3.25-$4.25 from prior expectation of at least $4.00.
Q3 2026 adjusted EPS guidance $0.50-$0.75; RASM expected up 17.5%-19.5% YoY.
Fuel expense up $889M YoY; fuel cost $3.92/gal vs prior assumption $4.10-$4.15.

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.