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| 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 |