Short answer
Southwest Airlines (LUV) filed its Q2 2026 10-Q quarterly report on Jul 23, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $8.4B (up 16.4% year over year) with net income of $233M.
Q2 2026 key financials · XBRL
- Revenue
- $8.4B
- +16.4% YoY · +16.3% QoQ
- Net income
- $233M
- +9.4% YoY · +2.6% QoQ
- Operating margin
- 3.4%
- EPS (diluted)
- $0.47
- +27.0% YoY · +4.4% QoQ
Source: XBRL data from the Southwest Airlines (LUV) Q2 2026 10-Q on SEC EDGAR. USD.
Southwest Airlines Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Unrestricted cash $3.8B as of June 30, 2026, with $1.5B credit access through August 2028
- Working capital deficit approximately $6.8B, primarily from air traffic liability obligations
- Unencumbered aircraft and related assets approximately $15.7B net book value
- Term Loan Facility entered March 2026, increased through incremental commitments in May 2026
- Boeing order book 479 MAX aircraft and 138 options, subject to delivery delays and production capability
Risk Factors
- No Risk Factors section provided in the submitted text
- No newly added risk or material 10-K change identifiable
- $450,000,095 remaining under share-repurchase authorization
- Credit Agreement amended May 19, 2026 through Increase Joinder Agreement No. 1
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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