LUV · Southwest Airlines Co · Earnings Call Transcripts & Audio
$41.64
-0.44 (-1.05%)
At close · Sep 30
Return incl. dividend (before tax)
Market Cap
$20.88B
Shares
489.21M
Volume · Sep 30
4.84M
Avg daily vol (3M)
5.34M
Southwest Airlines Co Earnings Call Transcripts
Quarterly earnings calls for Southwest Airlines Co (LUV), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲32.9%
$6.22B
$277.00M
'22 Q3
22-10-27
▲22.2%
$6.17B
−$220.00M
'22 Q4
23-01-26
▲21.6%
$5.71B
−$159.00M
'23 Q1
23-04-27
▲4.6%
$7.04B
$683.00M
'23 Q2
23-07-27
▲4.9%
$6.53B
$193.00M
'23 Q3
23-10-26
▲10.5%
$6.82B
−$252.00M
'23 Q4
24-01-25
▲10.9%
$6.33B
−$231.00M
'24 Q1
24-04-25
▲4.5%
$7.35B
$367.00M
'24 Q2
24-07-25
▲5.3%
$6.87B
$67.00M
'24 Q3
24-10-24
▲1.6%
$6.93B
$262.00M
'24 Q4
25-01-30
▲1.6%
$6.43B
−$149.00M
'25 Q1
25-04-23
▼1.5%
$7.24B
$213.00M
'25 Q2
25-07-23
▲1.1%
$6.95B
$54.00M
'25 Q3
25-10-22
▲7.4%
$7.44B
$323.00M
'25 Q4
26-01-29
▲12.8%
$7.25B
$227.00M
'26 Q1
26-04-23
LATEST
▲16.4%
$8.43B
$233.00M
'26 Q2
26-07-23
Conference
Investor event
2026-09-16
Southwest Airlines Co (LUV) September 2026 Conference
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY26 · Q2
2026-07-23
Southwest Airlines Co (LUV) Q2 2026 Earnings Call Transcript
Confident tone
Transformation and initiatives results
Revenue and pricing strength
Fuel cost headwind
Revenue
$8.43B
▲ 16.4% YoY Diluted EPS
$0.47
▲ 20.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Conference
Investor event
2026-05-28
Southwest Airlines Co (LUV) May 2026 Conference Transcript
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY26 · Q1
2026-04-23
Southwest Airlines Co (LUV) Q1 2026 Earnings Call Transcript
Confident tone
Fuel costs and macro uncertainty
Margin expansion and financial results
Network optimization
Revenue
$7.25B
▲ 12.8% YoY Diluted EPS
$0.45
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-01-29
Southwest Airlines Co (LUV) Q4 2025 Earnings Call Transcript
Confident tone
2026 earnings guidance and outlook
Revenue and RASM outlook
Transformation initiatives executed in 2025
Revenue
$7.44B*
▲ 7.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-10-22
Southwest Airlines Co (LUV) Q3 2025 Earnings Call Transcript
Confident tone
Macro uncertainty and government shutdown impact
Capacity growth and 737-700 retrofit timing
Loyalty program, co-brand and partnerships
Revenue
$6.95B
▲ 1.1% YoY Diluted EPS
$0.10
▼ 9.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-07-23
Southwest Airlines Co (LUV) Q2 2025 Earnings Call Transcript
Positive tone
Transformational initiatives rollout
Load factor and network
Guidance and EBIT outlook
Revenue
$7.24B
▼ 1.5% YoY Diluted EPS
$0.39
▼ 32.8% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-04-23
Southwest Airlines Co (LUV) Q1 2025 Earnings Call Transcript
Positive tone
Bag fees, basic economy, assigned seating
Distribution and loyalty
Cost reduction
Revenue
$6.43B
▲ 1.6% YoY Diluted EPS
$-0.26
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-01-30
Southwest Airlines Co (LUV) Q4 2024 Earnings Call Transcript
Confident tone
Southwest Even Better transformation plan
Fleet strategy and Boeing deliveries
Chase co-brand credit card amendment
Revenue
$6.93B*
▲ 1.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-10-24
Southwest Airlines Co (LUV) Q3 2024 Earnings Call Transcript
Positive tone
Southwest Even Better transformational plan and 2027 targets
Elliott Investment Management and Board refresh
Cost and efficiency initiatives, headcount reductions
Revenue
$6.87B
▲ 5.3% YoY Diluted EPS
$0.11
▼ 64.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-07-25
Southwest Airlines Co (LUV) Q2 2024 Earnings Call Transcript
Cautious tone
Assigned seating and cabin transformation
Capital-efficient execution and retrofit timeline
Revenue management system challenges
Revenue
$7.35B
▲ 4.5% YoY Diluted EPS
$0.58
▼ 46.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-04-25
Southwest Airlines Co (LUV) Q1 2024 Earnings Call Transcript
Cautious tone
Network optimization and capacity reductions
Boeing delivery delays
Cost control, headcount reduction and free cash flow
Revenue
$6.33B
▲ 10.9% YoY Diluted EPS
$-0.39
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-01-25
Southwest Airlines Co (LUV) Q4 2023 Earnings Call Transcript
Confident tone
Fleet and Boeing MAX 7
Labor agreements
Fuel costs
Revenue
$6.82B*
▲ 10.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-10-26
Southwest Airlines Co (LUV) Q3 2023 Earnings Call Transcript
Revenue
$6.53B
▲ 4.9% YoY Diluted EPS
$0.31
▼ 29.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-07-27
Southwest Airlines Co (LUV) Q2 2023 Earnings Call Transcript
Revenue
$7.04B
▲ 4.6% YoY Diluted EPS
$1.08
▼ 10% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-04-27
Southwest Airlines Co (LUV) Q1 2023 Earnings Call Transcript
Revenue
$5.71B
▲ 21.6% YoY Diluted EPS
$-0.27
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-01-26
Southwest Airlines Co (LUV) Q4 2022 Earnings Call Transcript
Revenue
$6.17B*
▲ 22.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-10-27
Southwest Airlines Co (LUV) Q3 2022 Earnings Call Transcript
Revenue
$6.22B
▲ 32.9% YoY Diluted EPS
$0.44
▼ 39.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-07-28
Southwest Airlines Co (LUV) Q2 2022 Earnings Call Transcript
Revenue
$6.73B
▲ 67.9% YoY Diluted EPS
$1.20
▲ 110.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-04-28
Southwest Airlines Co (LUV) Q1 2022 Earnings Call Transcript
Revenue
$4.69B
▲ 128.8% YoY Diluted EPS
$-0.47
▼ 347.4% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-01-27
Southwest Airlines Co (LUV) Q4 2021 Earnings Call Transcript
Revenue
$5.05B*
▲ 150.9% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-10-21
Southwest Airlines Co (LUV) Q3 2021 Earnings Call Transcript
Revenue
$4.68B
▲ 161% YoY Diluted EPS
$0.73
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-07-22
Southwest Airlines Co (LUV) Q2 2021 Earnings Call Transcript
Revenue
$4.01B
▲ 297.6% YoY Diluted EPS
$0.57
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-04-22
Southwest Airlines Co (LUV) Q1 2021 Earnings Call Transcript
Revenue
$2.05B
▼ 51.5% YoY Diluted EPS
$0.19
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-01-28
Southwest Airlines Co (LUV) Q4 2020 Earnings Call Transcript
Revenue
$2.01B
▼ 64.9% YoY Diluted EPS
$-1.54
▼ 257.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-10-22
Southwest Airlines Co (LUV) Q3 2020 Earnings Call Transcript
Revenue
$1.79B
▼ 68.2% YoY Diluted EPS
$-1.96
▼ 259.3% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-07-23
Southwest Airlines Co (LUV) Q2 2020 Earnings Call Transcript
Revenue
$1.01B
▼ 82.9% YoY Diluted EPS
$-1.63
▼ 219% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-04-28
Southwest Airlines Co (LUV) Q1 2020 Earnings Call Transcript
Revenue
$4.23B
▼ 17.8% YoY Diluted EPS
$-0.18
▼ 125.7% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-01-23
Southwest Airlines Co (LUV) Q4 2019 Earnings Call
Revenue
$5.73B
▲ 0.4% YoY Diluted EPS
$0.98
▼ 16.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Showing 1–29 of 29 earnings calls