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U.S. COMPANY FILING

SECOND QUARTER 2026 10-Q

Filed: 2026-07-23Company: SOUTHWEST AIRLINES COTicker: LUVExchange: NYSEForm: 10-QReport period: 2026-06-30SEC accession: 0000092380-26-000077Event: earningsMateriality: 85

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Southwest Airlines reported Q2 2026 net income of $233 million, up 9.4% YoY, driven by record operating revenue. The company reversed $285 million of breakage revenue due to higher redemptions. Operating expenses rose due to higher fuel and salaries. Share repurchases and dividends continued.

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