Southwest Airlines (LUV) Current Deferred Revenue (2010 - 2026)
Southwest Airlines (LUV) posted quarterly Current Deferred Revenue of $8.2 billion for Q2 2026, down 1.35% year-on-year from $8.3 billion in Q2 2025, and down 0.8% on a QoQ basis from $8.2 billion in Q1 2026.
Southwest Airlines (LUV) Current Deferred Revenue (2010 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Current Deferred Revenue for 10 consecutive years, with $8.2 billion the latest figure, recorded in Q2 2026.
- Quarterly Current Deferred Revenue fell 1.35% year-over-year to $8.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $8.2 billion (down 1.35% YoY) and the FY2025 annual result came in at $7.2 billion, down 13.08% from the prior year.
- Current Deferred Revenue slipped to $8.2 billion in Q2 2026 per LUV's latest filing, from $8.2 billion in the prior quarter.
- Over the last five years, Current Deferred Revenue for LUV reached as high as $9.4 billion in Q1 2024 and fell as low as $7.2 billion in Q4 2025.
- A 5-year average of $8.5 billion and a median of $8.5 billion in 2022 frame the typical range for Current Deferred Revenue.
- Annual changes were most pronounced in 2022 — Current Deferred Revenue gained 11.36% — and 2025, when it slipped 13.08%.
- Year by year, Current Deferred Revenue stood at $8.2 billion in 2022, then increased by 0.35% to $8.3 billion in 2023, then decreased by 0.45% to $8.2 billion in 2024, then slipped by 13.08% to $7.2 billion in 2025, then rose by 14.24% to $8.2 billion in 2026.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $8.2 billion, $8.2 billion, and $7.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.18 Bn |
| Mar 31, 2026 | 8.25 Bn |
| Dec 31, 2025 | 7.16 Bn |
| Sep 30, 2025 | 8.13 Bn |
| Jun 30, 2025 | 8.30 Bn |
| Mar 31, 2025 | 8.90 Bn |
| Dec 31, 2024 | 8.24 Bn |
| Sep 30, 2024 | 8.70 Bn |
| Jun 30, 2024 | 9.08 Bn |
| Mar 31, 2024 | 9.39 Bn |
| Dec 31, 2023 | 8.28 Bn |
| Sep 30, 2023 | 9.00 Bn |
| Jun 30, 2023 | 9.06 Bn |
| Mar 31, 2023 | 9.20 Bn |
| Dec 31, 2022 | 8.25 Bn |
| Sep 30, 2022 | 8.43 Bn |
| Jun 30, 2022 | 8.52 Bn |
| Mar 31, 2022 | 8.61 Bn |
| Dec 31, 2021 | 7.73 Bn |
| Sep 30, 2021 | 8.24 Bn |