10-Q quarterly report · filed Jul 24, 2025

Southwest Airlines (LUV) Q2 2025 10-Q Quarterly Report

Short answer

Southwest Airlines (LUV) filed its Q2 2025 10-Q quarterly report on Jul 24, 2025 for the quarter ended Jun 30, 2025. Quarterly revenue was $7.2B (down 1.5% year over year) with net income of $213M.

Q2 2025 key financials · XBRL

Revenue
$7.2B
−1.5% YoY · +12.7% QoQ
Net income
$213M
−42.1% YoY · +243.0% QoQ
Operating margin
3.1%
EPS (diluted)
$0.37
−40.3% YoY · +242.3% QoQ

Source: XBRL data from the Southwest Airlines (LUV) Q2 2025 10-Q on SEC EDGAR. USD.

Southwest Airlines Q2 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Termination of fuel hedging program Q2 2025 due to rising premium costs increases exposure to volatile jet fuel prices
  • Adoption of Bylaws limiting shareholder derivative claims to owners of ≥3% shares potentially restricts shareholder litigation
  • Forum selection clauses in Bylaws designate Texas courts as exclusive for most internal claims, may discourage shareholder lawsuits
  • Fuel price increases risk fare hikes reducing leisure travel demand due to price sensitivity in competitive market
  • Earnings vulnerable to jet fuel price spikes after fuel hedging ended, creating potential material adverse operational impact

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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