secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHWEST AIRLINES CO (LUV)
CIK:        0000092380
Form:       8-K
Filed at:   2026-07-22T20:05:41+00:00
Accession:  0000092380-26-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92380/000009238026000074/0000092380-26-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92380/000009238026000074/luv-20260722.htm
  HTML page:      https://secwatch.observer/filing/0000092380-26-000074

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