---
schema_version: "secwatch.filing_event.v1"
accession: "0000092380-26-000074"
form_type: "8-K"
ticker: "LUV"
cik: "0000092380"
company_name: "SOUTHWEST AIRLINES CO"
filed_at: "2026-07-22T20:05:41+00:00"
generated_at: "2026-07-22T20:07:26.891055+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000092380-26-000074
- form_type: 8-K
- ticker: LUV
- cik: 0000092380
- company_name: SOUTHWEST AIRLINES CO
- filed_at: 2026-07-22T20:05:41+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92380/000009238026000074/0000092380-26-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92380/000009238026000074/luv-20260722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092380-26-000074
- JSON: https://secwatch.observer/filing/0000092380-26-000074.json
- Plain text: https://secwatch.observer/filing/0000092380-26-000074.txt

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