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% YoY 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 10 years of Current Deferred Revenue data on file, last reported at $8.2 billion 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 declined to $8.2 billion in Q2 2026, from $8.2 billion in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $9.4 billion in Q1 2024 to a low of $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 rose 11.36% — and 2025, when it decreased 13.08%.
- Tracing LUV's Current Deferred Revenue over 5 years: stood at $8.2 billion in 2022, then advanced by 0.35% to $8.3 billion in 2023, then declined by 0.45% to $8.2 billion in 2024, then fell by 13.08% to $7.2 billion in 2025, then climbed by 14.24% to $8.2 billion in 2026.
- The last three Current Deferred Revenue figures came in at $8.2 billion (Q2 2026), $8.2 billion (Q1 2026), and $7.2 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 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 |