• Southwest posted Q2 net income of USD 233 million, or USD 0.47 a share; adjusted net income was USD 465 million, or USD 0.94 a share.
• Revenue rose 16.4% year over year to USD 8.4 billion, the highest in company history, with unit revenue up 16.2%.
• Operating margin widened 0.3 percentage points to 3.4%; fuel expense rose USD 889 million year over year despite fuel cost of USD 3.92 per gallon.
• Returned USD 88 million via dividends; liquidity was USD 5.3 billion, with gross leverage of 2.1x.
• Guided Q3 adjusted EPS at USD 0.50 to USD 0.75; cut full-year adjusted EPS view to USD 3.25 to USD 4.25.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southwest Airlines Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000092380-26-000074), on July 22, 2026, and is solely responsible for the information contained therein.