Earnings ·
Southwest reports Q3 net income of $270M on record $8.4B revenue
LUVSouthwest Airlines Co
Southwest Airlines Co. reported third quarter 2026 results with net income of $270 million, or $0.55 diluted EPS, and adjusted net income of $328 million, or $0.66 adjusted EPS. Operating revenues reached a record $8.4 billion, up 21.2% year-over-year, driven by an all-time high unit revenue increase of 21.6%. The company posted an operating margin of 4.5%, expanding 4.0 points year-over-year despite an $821 million increase in fuel costs. Southwest returned $176 million to shareholders through dividends and ended the quarter with $5.6 billion in liquidity. The airline announced plans for a Capital Markets Day on March 2, 2027, and enhancements to its loyalty program including a new Platinum tier. Southwest Airlines Co. operates as a major U.S. passenger airline.