Southwest Airlines (LUV) Non-Current Deffered Revenue (2011 - 2026)
Southwest Airlines posted quarterly Non-Current Deffered Revenue of $1.2 billion for Q1 2026, down 34.83% year-on-year from $1.8 billion in Q1 2025, and down 1.48% on a QoQ basis from $1.2 billion in Q4 2025.
Southwest Airlines (LUV) has 11 years of Non-Current Deffered Revenue data on file, last reported 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.
- Across five years, Non-Current Deffered Revenue topped out at $2.2 billion in Q2 2022 and bottomed at $1.2 billion in Q1 2026.
- The 5-year median for Non-Current Deffered Revenue is $1.9 billion (2023), against an average of $1.8 billion.
- The widest annual swing landed in 2024, when Non-Current Deffered Revenue climbed 12.73%; it then plunged 37.42% in 2025.
- A 5-year view of Non-Current Deffered Revenue shows it stood at $2.2 billion in 2022, then fell by 20.95% to $1.7 billion in 2023, then rose by 12.73% to $1.9 billion in 2024, then plunged by 37.42% to $1.2 billion in 2025, then decreased 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 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 4.45 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 1.20 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 1.70 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | - |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 81.37 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 719.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | - |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 2.83 Bn |
| Dec 31, 2020 | 3.34 Bn |
| Sep 30, 2020 | 3.14 Bn |
| Jun 30, 2020 | 1.89 Bn |
| Mar 31, 2020 | 1.18 Bn |
| Dec 31, 2019 | 1.05 Bn |
| Sep 30, 2013 | 54.00 Mn |
| Jun 30, 2013 | 57.00 Mn |
| Mar 31, 2013 | 60.00 Mn |
| Dec 31, 2012 | 63.00 Mn |
| Sep 30, 2012 | 66.00 Mn |
| Jun 30, 2012 | 69.00 Mn |
| Mar 31, 2012 | 72.00 Mn |
| Dec 31, 2011 | 75.00 Mn |