Earnings$LUV4:16 PM ET2 wires · v2

Southwest Airlines Q3 Record Revenue $8.4B, Adjusted EPS $0.66, Guides Q4 $0.55-$0.80

By BORSA NewsroomPublished Oct 21, 2026, 4:16 PM EDTUpdated Oct 21, 2026, 4:19 PM EDT

Southwest Airlines reported record Q3 operating revenue of $8.4 billion, up 21.2% year-over-year, with adjusted EPS of $0.66. Unit revenues rose 21.6% to an all-time record. Operating margin expanded 4.0 points to 4.5% despite an $821 million fuel cost increase. Q4 adjusted EPS guided to $0.55-$0.80.

Sentimentbullish 75

Bullish · 75 of 100

Impact70

medium · sector-wide

Confidence95%

high confidence · 2 wires

Eventconfirmed

v2 · alerted as breaking

WHAT WE KNOW

Q3 operating revenue $8.4B, +21.2% YoY, record