Southwest Airlines (LUV) Current Deferred Revenue (2010 - 2026)
Southwest Airlines' (LUV) quarterly Current Deferred Revenue came in at $8.2 billion in Q2 2026, down 1.35% on a YoY basis from $8.3 billion in Q2 2025, and down 0.8% quarter-over-quarter from $8.2 billion in Q1 2026.
Analysis
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.
- For the quarter ending Q2 2026, Current Deferred Revenue fell 1.35% year-over-year to $8.2 billion; the trailing twelve-month figure through Jun 2026 stood at $8.2 billion (down 1.35% YoY), and the FY2025 full-year result was $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.
- Across five years, Current Deferred Revenue topped out at $9.4 billion in Q1 2024 and bottomed at $7.2 billion in Q4 2025.
- Historically, Current Deferred Revenue has averaged $8.5 billion across 5 years, with a median of $8.5 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Current Deferred Revenue gained 11.36% in 2022, then slipped 13.08% in 2025.
- Over 5 years, Current Deferred Revenue stood at $8.2 billion in 2022, then grew by 0.35% to $8.3 billion in 2023, then retreated by 0.45% to $8.2 billion in 2024, then decreased by 13.08% to $7.2 billion in 2025, then increased 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - |
Historic Data
Download Data
Historic 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 |