Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026)
Southwest Airlines' (LUV) quarterly Change in Accured Expenses came in at -$53.0 million in Q2 2026, up 44.21% YoY from -$36.8 million in Q2 2025, and up 32.91% on a QoQ basis from -$79.0 million in Q1 2026.
Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Change in Accured Expenses data on file, last reported at -$53.0 million in Q2 2026.
- Quarterly Change in Accured Expenses rose 44.21% year-over-year to -$53.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $311.0 million (up 377.68% YoY) and the FY2025 annual result came in at $218.0 million, up 115.99% from the prior year.
- Change in Accured Expenses grew to -$53.0 million in Q2 2026, from -$79.0 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $741.0 million in Q4 2023 to a low of -$897.0 million in Q1 2024.
- A 5-year average of $57.4 million and a median of -$18.5 million in 2025 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2023 — Change in Accured Expenses surged 524.1% — and 2024, when it plunged 1145.83%.
- Tracing LUV's Change in Accured Expenses over 5 years: stood at $500.0 million in 2022, then soared by 48.2% to $741.0 million in 2023, then sank by 58.84% to $305.0 million in 2024, then jumped by 40.0% to $427.0 million in 2025, then slumped by 112.41% to -$53.0 million in 2026.
- The last three Change in Accured Expenses figures came in at -$53.0 million (Q2 2026), -$79.0 million (Q1 2026), and $427.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 510.97 Mn |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | -53.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | - |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | - |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 247.00 Mn |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -53.00 Mn |
| Jun 30, 2026 | -53.00 Mn |
| Mar 31, 2026 | -79.00 Mn |
| Mar 31, 2026 | -79.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Sep 30, 2025 | 16.00 Mn |
| Sep 30, 2025 | 16.00 Mn |
| Jun 30, 2025 | -95.00 Mn |
| Jun 30, 2025 | -95.00 Mn |
| Mar 31, 2025 | -126.00 Mn |
| Mar 31, 2025 | -126.00 Mn |
| Dec 31, 2024 | 305.00 Mn |
| Dec 31, 2024 | 305.00 Mn |
| Sep 30, 2024 | -196.00 Mn |
| Sep 30, 2024 | -196.00 Mn |
| Jun 30, 2024 | -576.00 Mn |
| Jun 30, 2024 | -576.00 Mn |
| Mar 31, 2024 | -897.00 Mn |
| Mar 31, 2024 | -897.00 Mn |