Southwest Airlines (LUV) Other Working Capital Changes (2010 - 2026)

Southwest Airlines (LUV) has reported Other Working Capital Changes for 14 consecutive years, with -$53.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Other Working Capital Changes fell 162.35% year-over-year to -$53.0 million; the trailing twelve-month figure through Jun 2026 stood at -$28.0 million (down 146.67% YoY), and the FY2025 full-year result was $157.0 million, up 282.56% from the prior year.
• Other Working Capital Changes retreated to -$53.0 million in Q2 2026 per LUV's latest filing, from -$40.0 million in the prior quarter.
• Across five years, Other Working Capital Changes topped out at $1.1 billion in Q1 2024 and bottomed at -$961.0 million in Q4 2025.
• Historically, Other Working Capital Changes has averaged $25.6 million across 5 years, with a median of -$115.0 million in 2022.
• The sharpest annual moves came in 2025 and 2026: Other Working Capital Changes soared 814.29% in 2025, then plunged 600.0% in 2026.
• Over 5 years, Other Working Capital Changes stood at -$16.0 million in 2022, then changed by 0.0% to -$16.0 million in 2023, then plunged by 62.5% to -$26.0 million in 2024, then surged by 157.69% to $15.0 million in 2025, then slumped by 453.33% to -$53.0 million in 2026.
• According to Business Quant data, Other Working Capital Changes over the past three periods registered -$53.0 million, -$40.0 million, and $15.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.