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% on a YoY basis from -$36.8 million in Q2 2025, and up 32.91% quarter-over-quarter from -$79.0 million in Q1 2026.
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Analysis
Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Change in Accured Expenses for 18 consecutive years, with -$53.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Accured Expenses rose 44.21% year-over-year to -$53.0 million; the trailing twelve-month figure through Jun 2026 stood at $311.0 million (up 377.68% YoY), and the FY2025 full-year result was $218.0 million, up 115.99% from the prior year.
- Change in Accured Expenses improved to -$53.0 million in Q2 2026 per LUV's latest filing, from -$79.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $741.0 million in Q4 2023 and bottomed at -$897.0 million in Q1 2024.
- Historically, Change in Accured Expenses has averaged $57.4 million across 5 years, with a median of -$18.5 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Change in Accured Expenses soared 524.1% in 2023, then sank 1145.83% in 2024.
- Over 5 years, Change in Accured Expenses stood at $500.0 million in 2022, then surged by 48.2% to $741.0 million in 2023, then tumbled by 58.84% to $305.0 million in 2024, then soared by 40.0% to $427.0 million in 2025, then plunged by 112.41% to -$53.0 million in 2026.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered -$53.0 million, -$79.0 million, and $427.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 510.97 Mn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | -53.00 Mn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | - |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | - |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | - |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | - |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | 247.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -53.00 Mn |
| Mar 31, 2026 | -79.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Sep 30, 2025 | 16.00 Mn |
| Jun 30, 2025 | -95.00 Mn |
| Mar 31, 2025 | -126.00 Mn |
| Dec 31, 2024 | 305.00 Mn |
| Sep 30, 2024 | -196.00 Mn |
| Jun 30, 2024 | -576.00 Mn |
| Mar 31, 2024 | -897.00 Mn |
| Dec 31, 2023 | 741.00 Mn |
| Sep 30, 2023 | 352.00 Mn |
| Jun 30, 2023 | 364.00 Mn |
| Mar 31, 2023 | -72.00 Mn |
| Dec 31, 2022 | 500.00 Mn |
| Sep 30, 2022 | -83.00 Mn |
| Jun 30, 2022 | 328.00 Mn |
| Mar 31, 2022 | 177.00 Mn |
| Dec 31, 2021 | 172.00 Mn |
| Sep 30, 2021 | -948.00 Mn |
API Access
Southwest Airlines Change in Accured Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "ticker": "LUV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();