LUV · News · 20260808N

Revenue Performance and Mix

SOUTHWEST AIRLINES CO · 2026-08-08 · Importance 59 · Surprise 48

Southwest Airlines’ second-quarter revenue increased 16.4% year over year to $8.72 billion, according to third-party reporting. Adjusted revenue reportedly rose 20.3% while revenue passengers declined 3.3%, indicating that higher average fares, rather than passenger-volume growth, drove the increase. The revenue performance coincided with rising non-fuel unit costs and potential customer resistance to higher fares.

Key facts

• Gradient Investments LLC acquired an additional 87,146 shares in the second quarter, bringing its total holdings to 539,612 shares valued at approximately $27.7 million. source