Southwest Airlines (LUV) Net Cash Flow (2009 - 2026)

Southwest Airlines (LUV) has 18 years of Net Cash Flow data on file, last reported at $97.0 million in Q1 2026.

• For the quarter ending Q1 2026, Net Cash Flow fell 84.48% year-over-year to $97.0 million; the trailing twelve-month figure through Mar 2026 stood at -$4.8 billion (down 1962.66% YoY), and the FY2025 full-year result was -$4.3 billion, down 140.47% from the prior year.
• Net Cash Flow for Q1 2026 stood at $97.0 million, down from $329.0 million in the prior quarter.
• Across five years, Net Cash Flow topped out at $799.0 million in Q2 2023 and bottomed at -$4.7 billion in Q2 2025.
• The 5-year median for Net Cash Flow is -$209.0 million (2023), against an average of -$538.4 million.
• The widest annual swing landed in 2023, when Net Cash Flow surged 487.5%; it then slumped 1970.67% in 2025.
• A 5-year view of Net Cash Flow shows it stood at -$951.0 million in 2022, then surged by 78.02% to -$209.0 million in 2023, then plunged by 375.6% to -$994.0 million in 2024, then soared by 133.1% to $329.0 million in 2025, then plunged by 70.52% to $97.0 million in 2026.
• The last three Net Cash Flow figures came in at $97.0 million (Q1 2026), $329.0 million (Q4 2025), and -$573.0 million (Q3 2025), per Business Quant data.

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