Southwest Airlines (LUV) Prepaid Assets (2009 - 2026)
Southwest Airlines (LUV) posted quarterly Prepaid Assets of $556.0 million for Q2 2026, up 19.06% year-on-year from $467.0 million in Q2 2025, and little changed on a QoQ basis from $554.0 million in Q1 2026.
Southwest Airlines (LUV) Prepaid Assets (2009 - 2026) Analysis & Trends
Southwest Airlines (LUV) has reported Prepaid Assets for 18 consecutive years, with $556.0 million the latest figure, recorded in Q2 2026.
- Quarterly Prepaid Assets rose 19.06% year-over-year to $556.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $556.0 million (up 19.06% YoY) and the FY2025 annual result came in at $490.0 million, down 23.32% from the prior year.
- Prepaid Assets steadied at $556.0 million in Q2 2026 per LUV's latest filing, from $554.0 million in the prior quarter.
- Over the last five years, Prepaid Assets for LUV reached as high as $825.0 million in Q2 2022 and fell as low as $467.0 million in Q2 2025.
- A 5-year average of $602.6 million and a median of $608.5 million in 2023 frame the typical range for Prepaid Assets.
- Annual changes were most pronounced in 2022 — Prepaid Assets surged 108.99% — and 2023, when it sank 35.15%.
- Year by year, Prepaid Assets stood at $686.0 million in 2022, then dropped by 24.2% to $520.0 million in 2023, then advanced by 22.88% to $639.0 million in 2024, then dropped by 23.32% to $490.0 million in 2025, then climbed by 13.47% to $556.0 million in 2026.
- According to Business Quant data, Prepaid Assets over the past three periods registered $556.0 million, $554.0 million, and $490.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 556.00 Mn |
| Mar 31, 2026 | 554.00 Mn |
| Dec 31, 2025 | 490.00 Mn |
| Sep 30, 2025 | 467.00 Mn |
| Jun 30, 2025 | 467.00 Mn |
| Mar 31, 2025 | 618.00 Mn |
| Dec 31, 2024 | 639.00 Mn |
| Sep 30, 2024 | 601.00 Mn |
| Jun 30, 2024 | 619.00 Mn |
| Mar 31, 2024 | 603.00 Mn |
| Dec 31, 2023 | 520.00 Mn |
| Sep 30, 2023 | 632.00 Mn |
| Jun 30, 2023 | 535.00 Mn |
| Mar 31, 2023 | 614.00 Mn |
| Dec 31, 2022 | 686.00 Mn |
| Sep 30, 2022 | 653.00 Mn |
| Jun 30, 2022 | 825.00 Mn |
| Mar 31, 2022 | 767.00 Mn |
| Dec 31, 2021 | 638.00 Mn |
| Sep 30, 2021 | 560.00 Mn |