| Period | Revenue | Op. profit | Load factor | ASK | Net result | Load factor |
|---|---|---|---|---|---|---|
| Q2 2026 |
Cut FY2026 adjusted EPS guidance to $3.25-$4.25, replacing prior 'at least $4.00'; Q3 2026 adjusted EPS guided to $0.50-$0.75.
“This updated range replaces its prior expectation of at least $4.00.”
Aircraft fuel expense jumped 67% YoY to $2,215M (~$889M increase); economic fuel cost per gallon rose to $3.92 from $2.32.
“results well ahead of consensus expectations despite nearly $900 million of additional fuel expense year-over-year”
Managed business revenues reached an all-time quarterly record, up 30% year-over-year.
Chase co-branded credit card acquisitions accelerated 28% YoY; Rapid Rewards new enrollments +35% with the program near 100 million members.
Record operating revenues of $8.4B (+16.4%); adjusted operating margin of 6.7%, up 3.3 pts YoY, in first full quarter with all transformational initiatives in place.
Returned $88 million to shareholders through dividends in the quarter.
Completed rollout of service to all five new destinations (adding St. Maarten, Santa Rosa CA, and Anchorage) and welcomed Air Premia as its ninth airline partner.
Operated its first Starlink-equipped aircraft, beginning a new era of inflight connectivity.
Southwest Airlines