Southwest Airlines (LUV) Change in Receivables (2009 - 2026)
Southwest Airlines' (LUV) quarterly Change in Receivables came in at -$37.0 million in Q2 2026, up 58.89% on a YoY basis from -$23.3 million in Q2 2025, and down 139.78% quarter-over-quarter from $93.0 million in Q1 2026.
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Analysis
Southwest Airlines (LUV) Change in Receivables (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Change in Receivables for 18 consecutive years, with -$37.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Receivables rose 58.89% year-over-year to -$37.0 million; the trailing twelve-month figure through Jun 2026 stood at $152.0 million (up 134.62% YoY), and the FY2025 full-year result was -$51.0 million, down 168.42% from the prior year.
- Change in Receivables eased to -$37.0 million in Q2 2026 per LUV's latest filing, from $93.0 million in the prior quarter.
- Across five years, Change in Receivables topped out at $334.0 million in Q1 2022 and bottomed at -$439.0 million in Q2 2022.
- Historically, Change in Receivables has averaged -$19.3 million across 5 years, with a median of -$40.5 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Change in Receivables slumped 352.17% in 2022, then soared 472.41% in 2023.
- Over 5 years, Change in Receivables stood at -$260.0 million in 2022, then slipped by 21.54% to -$316.0 million in 2023, then soared by 68.67% to -$99.0 million in 2024, then soared by 113.13% to $13.0 million in 2025, then slumped by 384.62% to -$37.0 million in 2026.
- According to Business Quant data, Change in Receivables over the past three periods registered -$37.0 million, $93.0 million, and $13.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | -59.98 Mn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | -37.00 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 | 54.00 Mn |
| 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 | - | 29.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -37.00 Mn |
| Mar 31, 2026 | 93.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Sep 30, 2025 | 83.00 Mn |
| Jun 30, 2025 | -90.00 Mn |
| Mar 31, 2025 | -57.00 Mn |
| Dec 31, 2024 | -99.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Jun 30, 2024 | -34.00 Mn |
| Mar 31, 2024 | 308.00 Mn |
| Dec 31, 2023 | -316.00 Mn |
| Sep 30, 2023 | 216.00 Mn |
| Jun 30, 2023 | -44.00 Mn |
| Mar 31, 2023 | 232.00 Mn |
| Dec 31, 2022 | -260.00 Mn |
| Sep 30, 2022 | -58.00 Mn |
| Jun 30, 2022 | -439.00 Mn |
| Mar 31, 2022 | 334.00 Mn |
| Dec 31, 2021 | -118.00 Mn |
| Sep 30, 2021 | 23.00 Mn |
API Access
Southwest Airlines Change in Receivables 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-receivables&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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-receivables&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();