Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026)
Southwest Airlines posted quarterly Change in Accured Expenses of -$77.0 million for Q1 2026, up 38.89% year-on-year from -$55.4 million in Q1 2025, and down 118.03% on a QoQ basis from $427.0 million in Q4 2025.
Southwest Airlines (LUV) has 18 years of Change in Accured Expenses data on file, last reported at -$77.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Accured Expenses rose 38.89% year-over-year to -$77.0 million; the trailing twelve-month figure through Mar 2026 stood at $389.0 million (up 119.98% YoY), and the FY2025 full-year result was $218.0 million, up 115.99% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at -$77.0 million, down from $427.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $1.6 billion in Q4 2023 and bottomed at -$1.2 billion in Q4 2024.
- The 5-year median for Change in Accured Expenses is -$72.0 million (2023), against an average of -$76.6 million.
- The widest annual swing landed in 2022, when Change in Accured Expenses sank 1322.22%; it then soared 303.38% in 2023.
- A 5-year view of Change in Accured Expenses shows it stood at -$770.0 million in 2022, then jumped by 303.38% to $1.6 billion in 2023, then plunged by 178.35% to -$1.2 billion in 2024, then soared by 134.8% to $427.0 million in 2025, then plunged by 118.03% to -$77.0 million in 2026.
- The last three Change in Accured Expenses figures came in at -$77.0 million (Q1 2026), $427.0 million (Q4 2025), and $11.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | - |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | -77.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 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 | - |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | - |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | - |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | - |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | - |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 256.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -77.00 Mn |
| Mar 31, 2026 | -77.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | -126.00 Mn |
| Mar 31, 2025 | -126.00 Mn |
| Dec 31, 2024 | -1.23 Bn |
| Dec 31, 2024 | -1.23 Bn |
| Sep 30, 2024 | -18.00 Mn |
| Sep 30, 2024 | -18.00 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 |
| Dec 31, 2023 | 1.57 Bn |
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | -89.00 Mn |
| Sep 30, 2023 | -89.00 Mn |
| Jun 30, 2023 | 364.00 Mn |
| Jun 30, 2023 | 364.00 Mn |
| Mar 31, 2023 | -72.00 Mn |
| Mar 31, 2023 | -72.00 Mn |
| Dec 31, 2022 | -770.00 Mn |
| Dec 31, 2022 | -770.00 Mn |
| Sep 30, 2022 | -70.00 Mn |
| Sep 30, 2022 | -70.00 Mn |
| Jun 30, 2022 | 328.00 Mn |
| Jun 30, 2022 | 328.00 Mn |
| Mar 31, 2022 | -105.00 Mn |
| Mar 31, 2022 | -105.00 Mn |
| Dec 31, 2021 | 63.00 Mn |
| Dec 31, 2021 | 63.00 Mn |
| Sep 30, 2021 | -88.00 Mn |
| Sep 30, 2021 | -88.00 Mn |
| Jun 30, 2021 | 989.00 Mn |
| Jun 30, 2021 | 989.00 Mn |
| Mar 31, 2021 | -122.00 Mn |
| Mar 31, 2021 | -122.00 Mn |
| Dec 31, 2020 | 543.00 Mn |
| Dec 31, 2020 | 543.00 Mn |
| Sep 30, 2020 | 26.00 Mn |
| Sep 30, 2020 | 26.00 Mn |
| Jun 30, 2020 | 1.20 Bn |
| Jun 30, 2020 | 1.20 Bn |
| Mar 31, 2020 | -1.29 Bn |
| Mar 31, 2020 | -1.29 Bn |
| Dec 31, 2019 | -67.00 Mn |
| Dec 31, 2019 | -67.00 Mn |
| Sep 30, 2019 | -87.00 Mn |
| Sep 30, 2019 | -87.00 Mn |
| Jun 30, 2019 | -54.00 Mn |
| Jun 30, 2019 | -54.00 Mn |
| Mar 31, 2019 | -69.00 Mn |
| Mar 31, 2019 | -69.00 Mn |
| Dec 31, 2018 | 465.00 Mn |
| Dec 31, 2018 | 465.00 Mn |
| Sep 30, 2018 | 161.00 Mn |
| Sep 30, 2018 | 161.00 Mn |
| Dec 31, 2017 | 390.00 Mn |
| Dec 31, 2017 | 390.00 Mn |
| Sep 30, 2017 | 87.00 Mn |
| Sep 30, 2017 | 87.00 Mn |
| Jun 30, 2017 | -335.00 Mn |
| Jun 30, 2017 | -335.00 Mn |
| Mar 31, 2017 | 92.00 Mn |
| Mar 31, 2017 | 92.00 Mn |
| Dec 31, 2016 | -51.00 Mn |
| Dec 31, 2016 | -51.00 Mn |
| Sep 30, 2016 | 247.00 Mn |
| Sep 30, 2016 | 247.00 Mn |
| Jun 30, 2016 | -288.00 Mn |
| Jun 30, 2016 | -288.00 Mn |
| Mar 31, 2016 | 313.00 Mn |
| Mar 31, 2016 | 313.00 Mn |
| Dec 31, 2015 | 537.00 Mn |
| Dec 31, 2015 | 537.00 Mn |
| Sep 30, 2015 | 380.00 Mn |
| Sep 30, 2015 | 380.00 Mn |
| Jun 30, 2015 | -134.00 Mn |
| Jun 30, 2015 | -134.00 Mn |
| Mar 31, 2015 | 177.00 Mn |
| Mar 31, 2015 | 177.00 Mn |
| Dec 31, 2014 | 122.00 Mn |
| Dec 31, 2014 | 122.00 Mn |
| Sep 30, 2014 | -534.00 Mn |
| Sep 30, 2014 | -534.00 Mn |
| Jun 30, 2014 | 424.00 Mn |
| Jun 30, 2014 | 424.00 Mn |
| Mar 31, 2014 | 24.00 Mn |
| Mar 31, 2014 | 24.00 Mn |
| Dec 31, 2013 | 158.00 Mn |
| Dec 31, 2013 | 158.00 Mn |
| Sep 30, 2013 | -98.00 Mn |
| Sep 30, 2013 | -98.00 Mn |
| Jun 30, 2013 | 162.00 Mn |
| Jun 30, 2013 | 162.00 Mn |
| Mar 31, 2013 | 120.00 Mn |
| Mar 31, 2013 | 120.00 Mn |
| Dec 31, 2012 | 72.00 Mn |
| Dec 31, 2012 | 72.00 Mn |
| Sep 30, 2012 | -187.00 Mn |
| Sep 30, 2012 | -187.00 Mn |
| Jun 30, 2012 | 77.00 Mn |
| Jun 30, 2012 | 77.00 Mn |
| Mar 31, 2012 | 225.00 Mn |
| Mar 31, 2012 | 225.00 Mn |
| Dec 31, 2011 | -13.00 Mn |
| Dec 31, 2011 | -13.00 Mn |
| Sep 30, 2011 | -39.00 Mn |
| Sep 30, 2011 | -39.00 Mn |
| Jun 30, 2011 | 67.00 Mn |
| Jun 30, 2011 | 67.00 Mn |
| Mar 31, 2011 | 238.00 Mn |
| Mar 31, 2011 | 238.00 Mn |
| Dec 31, 2010 | 4.00 Mn |
| Dec 31, 2010 | 4.00 Mn |
| Sep 30, 2010 | -5.00 Mn |
| Sep 30, 2010 | -5.00 Mn |
| Jun 30, 2010 | 279.00 |
| Jun 30, 2010 | 279.00 |
| Mar 31, 2010 | -85.00 Mn |
| Mar 31, 2010 | -85.00 Mn |
| Dec 31, 2009 | 101.00 Mn |
| Dec 31, 2009 | 101.00 Mn |
| Sep 30, 2009 | -147.00 Mn |
| Sep 30, 2009 | -147.00 Mn |
| Jun 30, 2009 | 104.00 Mn |
| Jun 30, 2009 | 104.00 Mn |