U.S. COMPANY FILING
FIRST QUARTER 2026 10-Q
Filing text preview
Southwest Airlines reported record Q1 2026 revenue of $7.249 billion and net income of $227 million, a turnaround from a net loss of $149 million in Q1 2025. The company's transformational initiatives, including bag fees and assigned seating, drove ancillary revenue growth. Fuel costs rose, but operating income improved significantly. The company repurchased 28 million shares and paid dividends of $0.18 per share.
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