Southwest Airlines (LUV) Non-Current Deffered Revenue (2011 - 2026)

Southwest Airlines (LUV) reported Non-Current Deffered Revenue of $1.2 billion for Q1 2026, down 34.83% on a YoY basis from $1.8 billion in Q1 2025, and down 1.48% quarter-over-quarter from $1.2 billion in Q4 2025.

Southwest Airlines (LUV) Non-Current Deffered Revenue (2011 - 2026) Analysis & Trends

Southwest Airlines has reported Non-Current Deffered Revenue for 11 years, with the latest figure at $1.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Deffered Revenue fell 34.83% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (down 34.83% YoY), and the FY2025 full-year result was $1.2 billion, down 37.42% from the prior year.
  • Non-Current Deffered Revenue for Q1 2026 stood at $1.2 billion, down from $1.2 billion in the prior quarter.
  • The five-year high for Non-Current Deffered Revenue was $2.2 billion in Q2 2022, with the low at $1.2 billion in Q1 2026.
  • Historically, Non-Current Deffered Revenue has averaged $1.8 billion across 5 years, with a median of $1.9 billion in 2023.
  • Annual changes were most pronounced in 2024 — Non-Current Deffered Revenue climbed 12.73% — and 2025, when it slumped 37.42%.
  • Southwest Airlines' Non-Current Deffered Revenue 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 retreated by 1.48% to $1.2 billion in 2026.
  • The last three Non-Current Deffered Revenue figures came in at $1.2 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Deffered Revenue (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 4.45 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 1.20 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 81.37 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 1.70 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn -
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 719.00 Mn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 2.37 Bn