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

Southwest Airlines has reported Current Deferred Revenue for 11 years, with the latest figure 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.
• The five-year high for Current Deferred Revenue was $9.4 billion in Q1 2024, with the low at $5.9 billion in Q4 2025.
• Historically, Current Deferred Revenue has averaged $8.4 billion across 5 years, with a median of $8.5 billion in 2022.
• Annual changes were most pronounced in 2022 — Current Deferred Revenue rose 11.36% — and 2025, when it fell 27.87%.
• Southwest Airlines' Current Deferred Revenue 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 slipped by 27.87% to $5.9 billion in 2025, then grew 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.