Southwest Airlines (LUV) Cash & Current Investments (2009 - 2026)
Southwest Airlines posted quarterly Cash & Current Investments of $3.3 billion for Q1 2026, down 59.67% year-on-year from $8.3 billion in Q1 2025, and up 3.0% on a QoQ basis from $3.2 billion in Q4 2025.
Southwest Airlines (LUV) has 18 years of Cash & Current Investments data on file, last reported at $3.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Cash & Current Investments fell 59.67% year-over-year to $3.3 billion; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (down 59.67% YoY), and the FY2025 full-year result was $3.2 billion, down 62.97% from the prior year.
- Cash & Current Investments for Q1 2026 stood at $3.3 billion, up from $3.2 billion in the prior quarter.
- Across five years, Cash & Current Investments topped out at $16.4 billion in Q2 2022 and bottomed at $3.0 billion in Q3 2025.
- The 5-year median for Cash & Current Investments is $10.5 billion (2024), against an average of $9.7 billion.
- The widest annual swing landed in 2022, when Cash & Current Investments increased 9.7%; it then slumped 67.83% in 2025.
- A 5-year view of Cash & Current Investments shows it stood at $12.3 billion in 2022, then fell by 6.65% to $11.5 billion in 2023, then slipped by 23.96% to $8.7 billion in 2024, then plunged by 62.97% to $3.2 billion in 2025, then advanced by 3.0% to $3.3 billion in 2026.
- The last three Cash & Current Investments figures came in at $3.3 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 5.05 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 3.33 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 1.05 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 1.77 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 627.24 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 1.34 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 2.17 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 902.16 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 772.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.33 Bn |
| Dec 31, 2025 | 3.23 Bn |
| Sep 30, 2025 | 3.02 Bn |
| Jun 30, 2025 | 3.84 Bn |
| Mar 31, 2025 | 8.25 Bn |
| Dec 31, 2024 | 8.73 Bn |
| Sep 30, 2024 | 9.38 Bn |
| Jun 30, 2024 | 10.00 Bn |
| Mar 31, 2024 | 10.51 Bn |
| Dec 31, 2023 | 11.47 Bn |
| Sep 30, 2023 | 11.73 Bn |
| Jun 30, 2023 | 12.18 Bn |
| Mar 31, 2023 | 11.67 Bn |
| Dec 31, 2022 | 12.29 Bn |
| Sep 30, 2022 | 13.67 Bn |
| Jun 30, 2022 | 16.43 Bn |
| Mar 31, 2022 | 15.74 Bn |
| Dec 31, 2021 | 15.50 Bn |
| Sep 30, 2021 | 16.00 Bn |
| Jun 30, 2021 | 16.88 Bn |
| Mar 31, 2021 | 14.35 Bn |
| Dec 31, 2020 | 13.33 Bn |
| Sep 30, 2020 | 14.56 Bn |
| Jun 30, 2020 | 14.46 Bn |
| Mar 31, 2020 | 5.55 Bn |
| Dec 31, 2019 | 4.07 Bn |
| Sep 30, 2019 | 4.02 Bn |
| Jun 30, 2019 | 3.99 Bn |
| Mar 31, 2019 | 3.86 Bn |
| Dec 31, 2018 | 3.69 Bn |
| Sep 30, 2018 | 3.82 Bn |
| Jun 30, 2018 | 3.69 Bn |
| Mar 31, 2018 | 3.24 Bn |
| Dec 31, 2017 | 3.27 Bn |
| Sep 30, 2017 | 3.04 Bn |
| Jun 30, 2017 | 3.15 Bn |
| Mar 31, 2017 | 3.48 Bn |
| Dec 31, 2016 | 3.31 Bn |
| Sep 30, 2016 | 3.45 Bn |
| Jun 30, 2016 | 3.42 Bn |
| Mar 31, 2016 | 3.58 Bn |
| Dec 31, 2015 | 3.05 Bn |
| Sep 30, 2015 | 3.10 Bn |
| Jun 30, 2015 | 3.13 Bn |
| Mar 31, 2015 | 3.44 Bn |
| Dec 31, 2014 | 2.99 Bn |
| Sep 30, 2014 | 3.56 Bn |
| Jun 30, 2014 | 3.99 Bn |
| Mar 31, 2014 | 3.50 Bn |
| Dec 31, 2013 | 3.15 Bn |
| Sep 30, 2013 | 3.33 Bn |
| Jun 30, 2013 | 3.39 Bn |
| Mar 31, 2013 | 3.14 Bn |
| Dec 31, 2012 | 2.97 Bn |
| Sep 30, 2012 | 3.24 Bn |
| Jun 30, 2012 | 3.26 Bn |
| Mar 31, 2012 | 3.78 Bn |
| Dec 31, 2011 | 3.14 Bn |
| Sep 30, 2011 | 3.66 Bn |
| Jun 30, 2011 | 1.60 Bn |
| Mar 31, 2011 | 4.47 Bn |
| Dec 31, 2010 | 3.54 Bn |
| Sep 30, 2010 | 3.38 Bn |
| Jun 30, 2010 | 3.12 Bn |
| Mar 31, 2010 | 1.66 Bn |
| Dec 31, 2009 | 2.59 Bn |
| Sep 30, 2009 | 2.25 Bn |
| Jun 30, 2009 | 2.20 Bn |
| Mar 31, 2009 | 2.13 Bn |