# Southwest Airlines Co (LUV)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/southwest-airlines-co/ JSON: https://steadybase.io/company/southwest-airlines-co.json Checked Nov 10, 2026. Latest filing read: Oct 28, 2026.

## Company

- Legal name: SOUTHWEST AIRLINES CO
- Ticker: LUV (NYSE)
- SEC CIK: 0000092380
- Industry: Air Transportation, Scheduled (SIC 4512)
- Headquarters: Dallas, TX
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: southwest.com
- Investor relations: https://www.southwestairlinesinvestorrelations.com/?clk=GFOOTER-ABOUT-INVESTOR
- LinkedIn: https://www.linkedin.com/company/southwest-airlines
- Next earnings date: Jan 28, 2027

## Key facts

- Revenue: $28.1B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/0000092380-26-000004-index.html
- Operating income: $428.0M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/0000092380-26-000004-index.html
- Net income: $441.0M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/0000092380-26-000004-index.html
- Employees: 72,790 as of Feb 5, 2026, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/0000092380-26-000004-index.html
- Shares outstanding: 489,602,380 as of Oct 21, 2026 (10-Q filed Oct 22, 2026). Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000107/0000092380-26-000107-index.html
- Auditor: Ernst & Young LLP, Dallas, TX, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm

## Business

Southwest Airlines Co. (the “Company” or “Southwest”) operates Southwest Airlines, a major passenger airline that provides scheduled air transportation in the United States and near-international markets. Southwest commenced service on June 18, 1971, with three Boeing 737 aircraft serving three Texas cities: Dallas, Houston, and San Antonio. Southwest’s unique route network, competitive fares, and famous Hospitality continue to make the Company an attractive choice for Customers in cities across the United States and near-international destinations.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income |
|---|---|---|---|
| Dec 31, 2025 | $28.1B | $428.0M | $441.0M |
| Dec 31, 2024 | $27.5B | $321.0M | $465.0M |
| Dec 31, 2023 | $26.1B | $224.0M | $465.0M |
| Dec 31, 2022 | $23.8B | $1.0B | $539.0M |
| Dec 31, 2021 | $15.8B | $1.7B | $977.0M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/southwest-airlines-co.json

## Officers and directors

- Bob Jordan, Southwest Airlines President & Chief Executive Officer. LinkedIn: https://linkedin.com/in/bob-jordan-25352b18. Source: 8-K filed Oct 21, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000104/er-9302026xerdoc.htm
- Robert E. Jordan, CEO & President. Source: Form 4 filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000082/0000092380-26-000082-index.htm
- Tom Doxey, Executive Vice President & Chief Financial Officer. LinkedIn: https://linkedin.com/in/tom-doxey-665b22132. Source: 8-K filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000119312526340284/d101890d8k.htm
- Andrew M. Watterson, Chief Operating Officer. Source: Form 4 filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000084/0000092380-26-000084-index.htm
- Andrew Watterson, Chief Operating Officer. LinkedIn: https://linkedin.com/in/andrew-watterson-8a5123. Source: 8-K filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000119312526340284/d101890d8k.htm
- Jimmy Ryan Martinez, Principal Accounting Officer. Source: Form 4 filed Sep 17, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000102/0000092380-26-000102-index.htm
- Anthony Roach, Executive Vice President & Chief Customer & Brand Officer. Source: 8-K filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000119312526340284/d101890d8k.htm
- Justin Jones, EVP & Chief Commercial Officer. LinkedIn: https://linkedin.com/in/justin-jones-4465a952. Source: Form 4 filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000090/0000092380-26-000090-index.htm
- Lauren Tauscher Woods, EVP & CIO. Source: Form 4 filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000086/0000092380-26-000086-index.htm
- J. Ryan Martinez, Senior Vice President Finance & Principal Accounting Officer (Principal Accounting Officer). LinkedIn: https://linkedin.com/in/ryan-martinez-5519717. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Lauren Woods, Executive Vice President & Chief Information Officer. LinkedIn: https://linkedin.com/in/lauren-woods-5833672. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Tony Roach, Executive Vice President & Chief Customer & Brand Officer. LinkedIn: https://linkedin.com/in/tony-roach-3592b08. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Douglas H. Brooks, Chair of the Board. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Jason T. Liberty, member of the Board. Source: 8-K filed Aug 10, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000093/luv-20260810.htm
- Varun Krishna, member of the Board. Source: 8-K filed Aug 10, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000093/luv-20260810.htm
- C. David Cush, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Christopher P. Reynolds, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- David J. Grissen, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- David P. Hess, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Gregg A. Saretsky, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Lisa M. Atherton, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Patricia A. Watson, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Pierre R. Breber, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Rakesh Gangwal, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- Robert L. Fornaro, Director. Source: 10-K filed Feb 5, 2026, https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm

## Recent 8-K events

- Nov 2, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/92380/000119312526443635/d112184d8k.htm
- Oct 21, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000104/luv-20261021.htm
- Aug 12, 2026: Item 1.01, Entry into a material definitive agreement; Item 1.02, Termination of a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000098/luv-20260810.htm
- Aug 10, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000093/luv-20260810.htm
- Aug 7, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/92380/000119312526340284/d101890d8k.htm
- Jul 22, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000074/luv-20260722.htm
- May 19, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation. Source: https://www.sec.gov/Archives/edgar/data/92380/000119312526230895/d117563d8k.htm
- May 11, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000050/luv-20260507.htm
- Apr 22, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000044/luv-20260422.htm
- Mar 12, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.03, Creation of a direct financial obligation. Source: https://www.sec.gov/Archives/edgar/data/92380/000119312526102966/d108115d8k.htm

## Insider trades (Form 4)

- Apr 7, 2026: Lisa M. Atherton (Director) sold 118 shares, about $4,478. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000039/0000092380-26-000039-index.htm
- Dec 5, 2025: Justin Jones (EVP Operations) sold 8,085 shares, about $302,056. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238025000147/0000092380-25-000147-index.htm
- Aug 6, 2025: Gregg A. Saretsky (Director) bought 3,345 shares, about $100,450. Source: https://www.sec.gov/Archives/edgar/data/92380/000118883325000004/0001188833-25-000004-index.htm
- Aug 5, 2025: Sarah Feinberg (Director) bought 1,500 shares, about $45,015. Source: https://www.sec.gov/Archives/edgar/data/92380/000009238025000136/0000092380-25-000136-index.htm

## What management said

- "We look forward to sharing our multi-year financial framework, the targets we are managing toward, and our path to achieving them at our Capital Markets Day in New York City on March 2, 2027" Bob Jordan, Southwest Airlines President & Chief Executive Officer (8-K filed Oct 21, 2026). Source: https://www.sec.gov/Archives/edgar/data/92380/000009238026000104/er-9302026xerdoc.htm

## Latest filings

- 8-K filed Nov 2, 2026: https://www.sec.gov/Archives/edgar/data/92380/000119312526443635/d112184d8k.htm
- 10-K filed Feb 5, 2026: https://www.sec.gov/Archives/edgar/data/92380/000009238026000004/luv-20251231.htm
- 10-Q filed Oct 22, 2026: https://www.sec.gov/Archives/edgar/data/92380/000009238026000107/luv-20260930.htm
- DEF 14A filed Mar 27, 2026: https://www.sec.gov/Archives/edgar/data/92380/000119312526127237/d121727ddef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/