Southwest Airlines (LUV) Cash & Equivalents (2009 - 2026)

Southwest Airlines has reported Cash & Equivalents for 18 years, with the latest figure at $3.3 billion in Q1 2026.

• For the quarter ending Q1 2026, Cash & Equivalents fell 59.09% year-over-year to $3.3 billion; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (down 59.09% YoY), and the FY2025 full-year result was $3.2 billion, down 56.97% from the prior year.
• Cash & Equivalents for Q1 2026 stood at $3.3 billion, up from $3.2 billion in the prior quarter.
• The five-year high for Cash & Equivalents was $13.2 billion in Q2 2022, with the low at $2.9 billion in Q3 2025.
• Historically, Cash & Equivalents has averaged $8.0 billion across 5 years, with a median of $8.4 billion in 2024.
• Annual changes were most pronounced in 2022 — Cash & Equivalents rose 9.41% — and 2025, when it tumbled 65.87%.
• Southwest Airlines' Cash & Equivalents stood at $9.5 billion in 2022, then fell by 2.15% to $9.3 billion in 2023, then declined by 19.15% to $7.5 billion in 2024, then sank by 56.97% to $3.2 billion in 2025, then gained by 3.0% to $3.3 billion in 2026.
• The last three Cash & Equivalents figures came in at $3.3 billion (Q1 2026), $3.2 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.