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

Southwest Airlines has reported Change in Receivables for 18 years, with the latest figure at $93.0 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Receivables rose 263.16% year-over-year to $93.0 million; the trailing twelve-month figure through Mar 2026 stood at $99.0 million (up 125.85% YoY), and the FY2025 full-year result was -$51.0 million, down 168.42% from the prior year.
• Change in Receivables for Q1 2026 stood at $93.0 million, up from $13.0 million in the prior quarter.
• The five-year high for Change in Receivables was $334.0 million in Q1 2022, with the low at -$439.0 million in Q2 2022.
• Historically, Change in Receivables has averaged -$18.3 million across 5 years, with a median of -$44.0 million in 2023.
• Annual changes were most pronounced in 2022 — Change in Receivables sank 352.17% — and 2023, when it surged 472.41%.
• Southwest Airlines' Change in Receivables stood at -$260.0 million in 2022, then retreated by 21.54% to -$316.0 million in 2023, then jumped by 68.67% to -$99.0 million in 2024, then jumped by 113.13% to $13.0 million in 2025, then soared by 615.38% to $93.0 million in 2026.
• The last three Change in Receivables figures came in at $93.0 million (Q1 2026), $13.0 million (Q4 2025), and $83.0 million (Q3 2025), per Business Quant data.