Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026)

Southwest Airlines (LUV) reported Change in Accured Expenses of -$77.0 million for Q1 2026, up 38.89% on a YoY basis from -$55.4 million in Q1 2025, and down 118.03% quarter-over-quarter from $427.0 million in Q4 2025.

Southwest Airlines (LUV) Change in Accured Expenses (2009 - 2026) Analysis & Trends

Southwest Airlines has reported Change in Accured Expenses for 18 years, with the latest figure 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.
  • The five-year high for Change in Accured Expenses was $1.6 billion in Q4 2023, with the low at -$1.2 billion in Q4 2024.
  • Historically, Change in Accured Expenses has averaged -$76.6 million across 5 years, with a median of -$72.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Change in Accured Expenses tumbled 1322.22% — and 2023, when it soared 303.38%.
  • Southwest Airlines' Change in Accured Expenses stood at -$770.0 million in 2022, then soared by 303.38% to $1.6 billion in 2023, then sank by 178.35% to -$1.2 billion in 2024, then surged by 134.8% to $427.0 million in 2025, then sank 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 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 2.84 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn -
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn -77.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn -
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn -
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn -
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 342.00 Mn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn -

Historic Data

Download Data
DateValue
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