Southwest FY26 Q2 net income falls to $233 million; revenue rises 16.4% to $8.4 billion - LUV News | RalliesSouthwest FY26 Q2 net income falls to $233 million; revenue rises 16.4% to $8.4 billion
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LUV• Second-quarter results and guidance
- 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.
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