Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Change in Accured Expenses of -$53.0 million for Q2 2026, up 44.21% year-on-year 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 reported Change in Accured Expenses for 18 consecutive years, with -$53.0 million the latest figure, recorded 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 improved to -$53.0 million in Q2 2026 per LUV's latest filing, from -$79.0 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for LUV reached as high as $741.0 million in Q4 2023 and fell as low as -$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 soared 524.1% — and 2024, when it tumbled 1145.83%.
- Year by year, Change in Accured Expenses stood at $500.0 million in 2022, then soared by 48.2% to $741.0 million in 2023, then slumped by 58.84% to $305.0 million in 2024, then jumped by 40.0% to $427.0 million in 2025, then tumbled 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,631.92 Bn | 30,629.25 Bn | 1.28 Mn | - |
| 2 | Ryanair Holdings | 61.69 Bn | 58.50 Bn | - | 500.29 Mn |
| 3 | Delta Air Lines | 56.59 Bn | 51.92 Bn | 19.07 Bn | - |
| 4 | Southwest Airlines | 22.25 Bn | 18.46 Bn | 7.33 Bn | -53.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.86 Bn | 8.04 Bn | - | - |
| 6 | Copa Holdings | 5.70 Bn | 4.36 Bn | 713.71 Mn | - |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | - |
| 8 | Skywest | 4.29 Bn | 3.69 Bn | 1.01 Bn | - |
| 9 | Jetblue Airways | 2.01 Bn | 1.60 Bn | 1.87 Bn | - |
| 10 | Allegiant Travel | 1.81 Bn | 907.79 Mn | 651.87 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 |