Southwest Airlines (LUV) Change in Cash (2009 - 2026)

Southwest Airlines has reported Change in Cash for 18 years, with the latest figure at $97.0 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Cash fell 84.48% year-over-year to $97.0 million; the trailing twelve-month figure through Mar 2026 stood at -$4.8 billion (down 1962.66% YoY), and the FY2025 full-year result was -$4.3 billion, down 140.47% from the prior year.
• Change in Cash for Q1 2026 stood at $97.0 million, down from $329.0 million in the prior quarter.
• The five-year high for Change in Cash was $799.0 million in Q2 2023, with the low at -$4.7 billion in Q2 2025.
• Historically, Change in Cash has averaged -$538.4 million across 5 years, with a median of -$209.0 million in 2023.
• Annual changes were most pronounced in 2023 — Change in Cash surged 487.5% — and 2025, when it plunged 1970.67%.
• Southwest Airlines' Change in Cash stood at -$951.0 million in 2022, then jumped by 78.02% to -$209.0 million in 2023, then sank by 375.6% to -$994.0 million in 2024, then surged by 133.1% to $329.0 million in 2025, then sank by 70.52% to $97.0 million in 2026.
• The last three Change in Cash figures came in at $97.0 million (Q1 2026), $329.0 million (Q4 2025), and -$573.0 million (Q3 2025), per Business Quant data.