Southwest Airlines (LUV) Payables (2009 - 2026)

Southwest Airlines (LUV) has reported Payables for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Payables rose 14.41% year-over-year to $2.1 billion; the trailing twelve-month figure through Jun 2026 stood at $2.1 billion (up 14.41% YoY), and the FY2025 full-year result was $2.0 billion, up 9.52% from the prior year.
• Payables eased to $2.1 billion in Q2 2026 per LUV's latest filing, from $2.1 billion in the prior quarter.
• Across five years, Payables topped out at $2.1 billion in Q1 2026 and bottomed at $1.5 billion in Q3 2024.
• Historically, Payables has averaged $1.8 billion across 5 years, with a median of $1.9 billion in 2023.
• The sharpest annual moves came in 2022 and 2024: Payables soared 56.32% in 2022, then dropped 12.56% in 2024.
• Over 5 years, Payables stood at $2.0 billion in 2022, then dropped by 7.09% to $1.9 billion in 2023, then retreated by 2.36% to $1.8 billion in 2024, then climbed by 9.52% to $2.0 billion in 2025, then advanced by 4.07% to $2.1 billion in 2026.
• According to Business Quant data, Payables over the past three periods registered $2.1 billion, $2.1 billion, and $2.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.