Southwest Airlines (LUV) Payables (2009 - 2026)

Southwest Airlines (LUV) has 18 years of Payables data on file, last reported at $2.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Payables rose 9.82% year-over-year to $2.1 billion; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 9.82% YoY), and the FY2025 full-year result was $2.0 billion, up 9.52% from the prior year.
• Payables for Q1 2026 stood at $2.1 billion, up from $2.0 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.
• The 5-year median for Payables is $1.9 billion (2023), against an average of $1.8 billion.
• The widest annual swing landed in 2022, when Payables surged 56.32%; it then slipped 12.56% in 2024.
• A 5-year view of Payables shows it stood at $2.0 billion in 2022, then slipped by 7.09% to $1.9 billion in 2023, then fell by 2.36% to $1.8 billion in 2024, then advanced by 9.52% to $2.0 billion in 2025, then gained by 6.18% to $2.1 billion in 2026.
• The last three Payables figures came in at $2.1 billion (Q1 2026), $2.0 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.

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