Southwest Airlines (LUV) Current Deferred Revenue (2010 - 2026)
Southwest Airlines (LUV) posted Current Deferred Revenue of $6.51 billion for Q2 2026, down 2.8% from $6.7 billion a year earlier and down 7.6% from the prior quarter.
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Analysis
Southwest Airlines (LUV) Current Deferred Revenue (2010 - 2026) Analysis & Trends
At the end of FY2025, Southwest Airlines' Current Deferred Revenue came in at $5.95 billion, down 5.5% from FY2024.
- Annual Current Deferred Revenue shows a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- In prior years, Southwest Airlines' Current Deferred Revenue was $6.29 billion in FY2024 (-3.9%), $6.55 billion in FY2023 (+8.0%), $6.06 billion in FY2022 (+8.9%) and $5.57 billion in FY2021 (+46.9%).
- Quarterly Current Deferred Revenue has run from a low of $5.57 billion in Q4 2021 to a high of $7.64 billion in Q1 2024 over five years.
- On a year-over-year basis, Current Deferred Revenue has declined in each of the last three quarters, with an average decline of 3.8% over the last eight quarters.
- The strongest year-over-year quarter for Current Deferred Revenue in the past five years was Q4 2021, with growth of 46.9%; the weakest was Q1 2025, with a decline of 7.6%.
- According to Business Quant data, Current Deferred Revenue for the three prior quarters was $7.05 billion (Q1 2026), $5.95 billion (Q4 2025) and $6.86 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 170.88 Bn | 165.40 Bn | - |
| 2 | Csx | 89.42 Bn | 85.63 Bn | - |
| 3 | United Parcel Service | 84.27 Bn | 61.16 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.41 Bn | 76.43 Bn | - |
| 5 | Norfolk Southern | 73.25 Bn | 67.89 Bn | - |
| 6 | Fedex | 71.28 Bn | 37.23 Bn | - |
| 7 | Delta Air Lines | 50.09 Bn | 32.28 Bn | - |
| 8 | Old Dominion Freight Line | 39.26 Bn | 38.52 Bn | - |
| 9 | United Airlines Holdings | 31.82 Bn | -24.55 Bn | - |
| 10 | Southwest Airlines | 19.30 Bn | 5.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.51 Bn |
| Mar 31, 2026 | 7.05 Bn |
| Dec 31, 2025 | 5.95 Bn |
| Sep 30, 2025 | 6.86 Bn |
| Jun 30, 2025 | 6.70 Bn |
| Mar 31, 2025 | 7.06 Bn |
| Dec 31, 2024 | 6.29 Bn |
| Sep 30, 2024 | 6.74 Bn |
| Jun 30, 2024 | 7.09 Bn |
| Mar 31, 2024 | 7.64 Bn |
| Dec 31, 2023 | 6.55 Bn |
| Sep 30, 2023 | 7.25 Bn |
| Jun 30, 2023 | 7.12 Bn |
| Mar 31, 2023 | 7.22 Bn |
| Dec 31, 2022 | 6.06 Bn |
| Sep 30, 2022 | 6.37 Bn |
| Jun 30, 2022 | 6.31 Bn |
| Mar 31, 2022 | 6.41 Bn |
| Dec 31, 2021 | 5.57 Bn |
| Sep 30, 2021 | 5.75 Bn |
API Access
Southwest Airlines Current Deferred Revenue 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=current-deferred-revenue&ticker=LUV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "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=current-deferred-revenue&ticker=LUV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();