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% YoY from -$23.3 million in Q2 2025, and down 139.78% on a QoQ basis from $93.0 million in Q1 2026.
Southwest Airlines (LUV) Change in Receivables (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 18 years of Change in Receivables data on file, last reported at -$37.0 million in Q2 2026.
- Quarterly Change in Receivables rose 58.89% year-over-year to -$37.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $152.0 million (up 134.62% YoY) and the FY2025 annual result came in at -$51.0 million, down 168.42% from the prior year.
- Change in Receivables fell to -$37.0 million in Q2 2026, from $93.0 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $334.0 million in Q1 2022 to a low of -$439.0 million in Q2 2022.
- A 5-year average of -$19.3 million and a median of -$40.5 million in 2023 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2022 — Change in Receivables sank 352.17% — and 2023, when it surged 472.41%.
- Tracing LUV's Change in Receivables over 5 years: 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 plunged by 384.62% to -$37.0 million in 2026.
- The last three Change in Receivables figures came in at -$37.0 million (Q2 2026), $93.0 million (Q1 2026), and $13.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | -59.98 Mn |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | -37.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 54.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | - |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | - |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 29.00 Mn |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -37.00 Mn |
| Jun 30, 2026 | -37.00 Mn |
| Mar 31, 2026 | 93.00 Mn |
| Mar 31, 2026 | 93.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Sep 30, 2025 | 83.00 Mn |
| Sep 30, 2025 | 83.00 Mn |
| Jun 30, 2025 | -90.00 Mn |
| Jun 30, 2025 | -90.00 Mn |
| Mar 31, 2025 | -57.00 Mn |
| Mar 31, 2025 | -57.00 Mn |
| Dec 31, 2024 | -99.00 Mn |
| Dec 31, 2024 | -99.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Jun 30, 2024 | -34.00 Mn |
| Jun 30, 2024 | -34.00 Mn |
| Mar 31, 2024 | 308.00 Mn |
| Mar 31, 2024 | 308.00 Mn |