Southwest Airlines posted a profitable Q4 2025, driven by strong revenue of $7.4 billion and operational improvements. Net income reached $323 million with a GAAP EPS of $0.61. The company also continued its transformation initiatives, including seating and fare restructuring, and is forecasting a strong performance for 2026.

Southwest Airlines delivered record operating revenues of $6.9B in Q3 2025, driven by strong demand and strategic initiatives. Despite a modest decline in net income year-over-year, the company outperformed expectations on unit revenues and costs, and remains confident in delivering record revenue in Q4.

Southwest Airlines posted a $213 million net income for Q2 2025 on $7.24 billion in revenue. While operating income declined year-over-year, new initiatives such as bag fees and a basic economy product began contributing incremental revenue.

Southwest Airlines posted a Q1 net loss of $149 million despite achieving record revenue of $6.4 billion, driven by improved yields and cost efficiencies. Domestic leisure softness and inflationary pressures impacted results.

Southwest Airlines reported a fourth-quarter net income of $261 million, or $0.42 per diluted share, and a record fourth-quarter operating revenue of $6.9 billion. The results were driven by tactical initiatives and a constructive demand environment. The company is also launching a $750 million accelerated share repurchase program.