Growth Metrics

Southwest Airlines (LUV) Current Deferred Revenue (2019 - 2025)

Southwest Airlines (LUV) has disclosed Current Deferred Revenue for 10 consecutive years, with $5.9 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Current Deferred Revenue fell 5.54% year-over-year to $5.9 billion, compared with a TTM value of $5.9 billion through Dec 2025, down 5.54%, and an annual FY2025 reading of $5.9 billion, down 5.54% over the prior year.
  • Current Deferred Revenue was $5.9 billion for Q4 2025 at Southwest Airlines, down from $8.1 billion in the prior quarter.
  • Across five years, Current Deferred Revenue topped out at $9.4 billion in Q1 2024 and bottomed at $5.9 billion in Q4 2025.
  • Average Current Deferred Revenue over 5 years is $8.1 billion, with a median of $8.4 billion recorded in 2022.
  • The sharpest move saw Current Deferred Revenue surged 53.53% in 2021, then fell 26.22% in 2025.
  • Year by year, Current Deferred Revenue stood at $7.7 billion in 2021, then rose by 6.8% to $8.2 billion in 2022, then grew by 0.35% to $8.3 billion in 2023, then fell by 23.98% to $6.3 billion in 2024, then fell by 5.54% to $5.9 billion in 2025.
  • Business Quant data shows Current Deferred Revenue for LUV at $5.9 billion in Q4 2025, $8.1 billion in Q3 2025, and $6.7 billion in Q2 2025.