Free Trial

Southwest Airlines (LUV) Earnings Date, Estimates & Call Transcripts

Southwest Airlines logo
$45.28 -1.20 (-2.58%)
Closing price 03:59 PM Eastern
Extended Trading
$45.56 +0.28 (+0.63%)
As of 06:48 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Southwest Airlines Earnings Summary

Southwest Airlines released Q3 2026 earnings on October 21, 2026, reporting an EPS of $0.66, which beat analysts' consensus estimates of $0.57 by $0.09. Quarterly revenue rose 21.2% year-over-year to $8.42 billion, above analyst estimates of $8.25 billion. With a trailing EPS of $2.08 and a P/E Ratio of 21.77, Southwest Airlines' earnings are expected to grow 62.37% next year, from $2.79 to $4.53 per share.

Upcoming Q4
Earnings Date
Jan. 27After Market ClosesEstimated
Consensus EPS
(Oct. 21)
$0.57
Actual EPS
(Oct. 21)
$0.66 Beat By $0.09
Actual Revenue
(Oct. 21)
$8.42B

Q3 2026 Earnings Resources

LUV Upcoming Earnings

Southwest Airlines' next earnings date is estimated for Wednesday, January 27, 2027, based on past reporting schedules.

Get Southwest Airlines Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Southwest Airlines and other key companies, straight to your inbox.

Sign Up
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.
Skip Charts & View Estimated and Actual Earnings Data

LUV Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LUV Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Southwest Airlines Analyst EPS Estimates & Company Guidance

Low, high and average are individual analyst estimates we track. Guidance columns are the company's own outlook, and the revenue estimate was recorded when that guidance was issued.

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany EPS Guidance
Q1 20261$0.40$0.40$0.400.450 -
Q2 20261$0.57$0.57$0.570.350 - 0.650
Q3 20261$0.74$0.74$0.740.500 - 0.750
Q4 20261$0.80$0.80$0.800.550 - 0.800
FY 20264$2.51$2.51$2.51
Q1 20271$0.38$0.38$0.38
Q2 20271$1.19$1.19$1.19
Q3 20271$1.11$1.11$1.11
Q4 20271$1.03$1.03$1.03
FY 20274$3.71$3.71$3.71
Q1 20281$0.65$0.65$0.65
Q2 20281$1.88$1.88$1.88
Q3 20281$1.46$1.46$1.46

Southwest Airlines Earnings History by Quarter

Report Date
0 Results
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
1/27/2027
(Estimated)
--------
10/21/2026Q3 2026$0.5710$0.66+$0.0890$0.55$8.25B$8.42B
7/22/2026Q2 2026$0.52$0.94+$0.42$0.47$8.58B$8.72B
4/22/2026Q1 2026$0.45$0.45-$0.45$8.46B$7.25B
1/28/2026Q4 2025$0.56$0.58+$0.02$0.61$7.51B$7.44B
10/22/2025Q3 2025$0.01$0.11+$0.10$0.10$6.93B$6.95B
7/23/2025Q2 2025$0.51$0.43 -$0.08$0.39$7.30B$7.24B
4/23/2025Q1 2025-$0.18-$0.13+$0.05-$0.26$6.47B$6.43B
1/30/2025Q4 2024$0.45$0.56+$0.11$0.42$6.95B$7.05B

Southwest Airlines Earnings - Frequently Asked Questions

Southwest Airlines has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, January 27th, 2027 based off last year's report dates. Learn more on LUV's earnings history.

Southwest Airlines updated its FY 2026 earnings guidance on Friday, October, 23rd. The company provided earnings per share guidance of 2.600-2.850 for the period, compared to the consensus estimate of 2.850. The company issued revenue guidance of -.

In the previous quarter, Southwest Airlines (NYSE:LUV) reported $0.66 earnings per share (EPS) to beat the analysts' consensus estimate of $0.57 by $0.09. Learn more on analysts' earnings estimate vs. LUV's actual earnings.

The conference call for Southwest Airlines' latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Southwest Airlines' latest earnings report can be read online.
Read Transcript

Southwest Airlines' earnings report can be found in their filing with the SEC.
View SEC filing

Southwest Airlines (NYSE:LUV) has a recorded annual revenue of $31.55 billion.

Southwest Airlines (NYSE:LUV) has a recorded net income of $441 million. LUV has generated $2.08 earnings per share over the last four quarters.

Southwest Airlines (NYSE:LUV) has a trailing price-to-earnings ratio of 21.77 and a forward price-to-earnings ratio of 10.00. The price/earnings-to-growth ratio is 0.66.

Southwest Airlines' earnings are expected to grow from $2.79 per share to $4.53 per share in the next year, which is a 62.37% increase.


Earnings data for NYSE:LUV is sourced from Fiscal.ai, with the most recent quarter reported on 10/21/2026. New results are added as companies report their earnings.
From Our Partners