Southwest Airlines (LUV) Current Deferred Revenue (2009 - 2026)

Southwest Airlines (LUV) has 11 years of Current Deferred Revenue data on file, last reported at $7.0 billion in Q1 2026.

• For the quarter ending Q1 2026, Current Deferred Revenue fell 20.82% year-over-year to $7.0 billion; the trailing twelve-month figure through Mar 2026 stood at $7.0 billion (down 20.82% YoY), and the FY2025 full-year result was $5.9 billion, down 27.87% from the prior year.
• Current Deferred Revenue for Q1 2026 stood at $7.0 billion, up from $5.9 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.
• The 5-year median for Current Deferred Revenue is $8.5 billion (2022), against an average of $8.4 billion.
• The widest annual swing landed in 2022, when Current Deferred Revenue rose 11.36%; it then fell 27.87% in 2025.
• A 5-year view of Current Deferred Revenue shows it stood at $8.2 billion in 2022, then climbed by 0.35% to $8.3 billion in 2023, then fell by 0.45% to $8.2 billion in 2024, then dropped by 27.87% to $5.9 billion in 2025, then increased by 18.57% to $7.0 billion in 2026.
• The last three Current Deferred Revenue figures came in at $7.0 billion (Q1 2026), $5.9 billion (Q4 2025), and $8.1 billion (Q3 2025), per Business Quant data.

Peer Comparison