- Southwest reported Q3 adjusted earnings per share of $0.66.
- Operating revenue reached a record $8.42bn (€7.75bn).
- Total fuel bill climbed $821m (€755m) year-over-year.
- Southwest cut full-year guidance to $2.60 to $2.85 per share.
- The carrier distributed $176m (€162m) in shareholder dividends.
Southwest Airlines has posted third-quarter 2026 results with record revenue and year-over-year margin expansion citing strong demand. The carrier reported adjusted earnings per share of $0.66 exceeding analyst consensus. Operating revenue reached a third-quarter record of $8.42bn (€7.75bn) marking a 21.2pc year-over-year increase.
Net income came in at $270m (€248m) while adjusted net income hit $328m (€302m). Revenue per available seat mile hit an all-time record surging 21.6pc year-over-year despite a minor capacity decline. Total fuel bill climbed $821m (€755m) year-over-year to $2.15bn (€1.98bn) impacting adjusted earnings.
Southwest cut its full-year 2026 guidance to $2.60 to $2.85 per share from its previously projected range. The carrier forecast fourth quarter adjusted earnings per share range of $0.55 to $0.80. Southwest concluded the quarter with $5.6bn (€5.15bn) in total liquidity and distributed $176m (€162m) in shareholder dividends.
