Southwest Airlines (LUV) Current Deferred Revenue (2010 - 2026)

Southwest Airlines (LUV) posted quarterly Current Deferred Revenue of $8.2 billion for Q2 2026, down 1.35% year-on-year 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 reported Current Deferred Revenue for 10 consecutive years, with $8.2 billion the latest figure, recorded 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 slipped to $8.2 billion in Q2 2026 per LUV's latest filing, from $8.2 billion in the prior quarter.
  • Over the last five years, Current Deferred Revenue for LUV reached as high as $9.4 billion in Q1 2024 and fell as low as $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 gained 11.36% — and 2025, when it slipped 13.08%.
  • Year by year, Current Deferred Revenue stood at $8.2 billion in 2022, then increased by 0.35% to $8.3 billion in 2023, then decreased by 0.45% to $8.2 billion in 2024, then slipped by 13.08% to $7.2 billion in 2025, then rose 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Latam Airlines 29,341.35 Bn 29,338.67 Bn 1.28 Mn
2 Ryanair Holdings 183.33 Bn 180.79 Bn -
3 Delta Air Lines 53.61 Bn 48.95 Bn 19.07 Bn
4 Southwest Airlines 21.85 Bn 18.53 Bn 7.33 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.69 Bn 7.93 Bn -
6 Copa Holdings 5.59 Bn 4.26 Bn 713.71 Mn
7 Alaska Air 5.12 Bn 3.35 Bn 3.20 Bn
8 Skywest 3.85 Bn 3.22 Bn 1.01 Bn
9 Jetblue Airways 1.85 Bn 1.44 Bn 1.87 Bn
10 Allegiant Travel 1.72 Bn 818.03 Mn 651.87 Mn

Historic Data

Download Data
DateValue
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