Southwest Airlines (LUV) Non-Current Deffered Revenue (2009 - 2026)
Southwest Airlines' (LUV) quarterly Non-Current Deffered Revenue came in at $1.7 billion in Q2 2026, up 4.62% YoY from $1.6 billion in Q2 2025, and up 39.38% on a QoQ basis from $1.2 billion in Q1 2026.
Southwest Airlines (LUV) Non-Current Deffered Revenue (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has 15 years of Non-Current Deffered Revenue data on file, last reported at $1.7 billion in Q2 2026.
- Quarterly Non-Current Deffered Revenue rose 4.62% year-over-year to $1.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 4.62% YoY) and the FY2025 annual result came in at $1.2 billion, down 37.42% from the prior year.
- Non-Current Deffered Revenue rose to $1.7 billion in Q2 2026, from $1.2 billion in the prior quarter.
- In the past five years, Non-Current Deffered Revenue ranged from a high of $2.2 billion in Q2 2022 to a low of $1.2 billion in Q1 2026.
- A 5-year average of $1.8 billion and a median of $1.9 billion in 2023 frame the typical range for Non-Current Deffered Revenue.
- Annual changes were most pronounced in 2024 — Non-Current Deffered Revenue climbed 12.73% — and 2025, when it slumped 37.42%.
- Tracing LUV's Non-Current Deffered Revenue over 5 years: stood at $2.2 billion in 2022, then declined by 20.95% to $1.7 billion in 2023, then increased by 12.73% to $1.9 billion in 2024, then sank by 37.42% to $1.2 billion in 2025, then surged by 37.33% to $1.7 billion in 2026.
- The last three Non-Current Deffered Revenue figures came in at $1.7 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 4.33 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 1.67 Bn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 167.97 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 1.75 Bn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | - |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | 737.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | - |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.60 Bn |
| Mar 31, 2025 | 1.84 Bn |
| Dec 31, 2024 | 1.95 Bn |
| Sep 30, 2024 | 1.96 Bn |
| Jun 30, 2024 | 1.99 Bn |
| Mar 31, 2024 | 1.75 Bn |
| Dec 31, 2023 | 1.73 Bn |
| Sep 30, 2023 | 1.75 Bn |
| Jun 30, 2023 | 1.94 Bn |
| Mar 31, 2023 | 1.98 Bn |
| Dec 31, 2022 | 2.19 Bn |
| Sep 30, 2022 | 2.06 Bn |
| Jun 30, 2022 | 2.21 Bn |
| Mar 31, 2022 | 2.20 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Sep 30, 2021 | 2.49 Bn |