Southwest Airlines Q3 FY26 earnings

Revenue $8.42B, up 21.2% on a year earlier. Diluted EPS $0.55 against $0.10.

The results

Q3 FY26Q2 FY26Q3 FY25Year over year
Revenue$8.42B$8.43B$6.95B+21.2%
Operating income$379.00M$285.00M$35.00M+982.9%
Net income$270.00M$233.00M$54.00M+400.0%
Diluted EPS$0.55$0.47$0.10
Operating cash flow$513.00M$530.00M$287.00M+78.7%
Capital expenditures-$1.01B-$818.00M-$678.00M
Free cash flow-$493.00M-$288.00M-$391.00M
Dividend per share$0.18$0.18$0.18

KPIs this quarter

Q3 FY26Q3 FY25Year over year
Load factor79.8%79.8%
Available seat miles (ASMs)45.39B45.57B-0.4%

Sources

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Stock Atlas, “Southwest Airlines (LUV) Q3 FY26 earnings: results and KPIs”, stockatlas.com/companies/LUV/earnings/2026-q3/, data as of 3 November 2026. Links to this page are welcome.