Southwest Airlines (LUV) Prepaid Assets (2009 - 2026)
Southwest Airlines posted quarterly Prepaid Assets of $554.0 million for Q1 2026, down 10.36% year-on-year from $618.0 million in Q1 2025, and up 13.06% on a QoQ basis from $490.0 million in Q4 2025.
Southwest Airlines (LUV) has 18 years of Prepaid Assets data on file, last reported at $554.0 million in Q1 2026.
- For the quarter ending Q1 2026, Prepaid Assets fell 10.36% year-over-year to $554.0 million; the trailing twelve-month figure through Mar 2026 stood at $554.0 million (down 10.36% YoY), and the FY2025 full-year result was $490.0 million, down 23.32% from the prior year.
- Prepaid Assets for Q1 2026 stood at $554.0 million, up from $490.0 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $825.0 million in Q2 2022 and bottomed at $467.0 million in Q2 2025.
- The 5-year median for Prepaid Assets is $614.0 million (2023), against an average of $605.3 million.
- The widest annual swing landed in 2022, when Prepaid Assets jumped 108.99%; it then plunged 35.15% in 2023.
- A 5-year view of Prepaid Assets shows it stood at $686.0 million in 2022, then decreased by 24.2% to $520.0 million in 2023, then rose by 22.88% to $639.0 million in 2024, then decreased by 23.32% to $490.0 million in 2025, then advanced by 13.06% to $554.0 million in 2026.
- The last three Prepaid Assets figures came in at $554.0 million (Q1 2026), $490.0 million (Q4 2025), and $467.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 521.00 Mn |
| Mar 31, 2021 | 367.00 Mn |
| Dec 31, 2020 | 295.00 Mn |
| Sep 30, 2020 | 248.00 Mn |
| Jun 30, 2020 | 223.00 Mn |
| Mar 31, 2020 | 256.00 Mn |
| Dec 31, 2019 | 287.00 Mn |
| Sep 30, 2019 | 239.00 Mn |
| Jun 30, 2019 | 281.00 Mn |
| Mar 31, 2019 | 354.00 Mn |
| Dec 31, 2018 | 310.00 Mn |
| Sep 30, 2018 | 514.00 Mn |
| Jun 30, 2018 | 498.00 Mn |
| Mar 31, 2018 | 448.00 Mn |
| Dec 31, 2017 | 460.00 Mn |
| Sep 30, 2017 | 223.00 Mn |
| Jun 30, 2017 | 250.00 Mn |
| Mar 31, 2017 | 235.00 Mn |
| Dec 31, 2016 | 310.00 Mn |
| Sep 30, 2016 | 214.00 Mn |
| Jun 30, 2016 | 202.00 Mn |
| Mar 31, 2016 | 192.00 Mn |
| Dec 31, 2015 | 188.00 Mn |
| Sep 30, 2015 | 239.00 Mn |
| Jun 30, 2015 | 255.00 Mn |
| Mar 31, 2015 | 270.00 Mn |
| Dec 31, 2014 | 232.00 Mn |
| Sep 30, 2014 | 291.00 Mn |
| Jun 30, 2014 | 276.00 Mn |
| Mar 31, 2014 | 241.00 Mn |
| Dec 31, 2013 | 250.00 Mn |
| Sep 30, 2013 | 228.00 Mn |
| Jun 30, 2013 | 209.00 Mn |
| Mar 31, 2013 | 215.00 Mn |
| Dec 31, 2012 | 210.00 Mn |
| Sep 30, 2012 | 224.00 Mn |
| Jun 30, 2012 | 203.00 Mn |
| Mar 31, 2012 | 318.00 Mn |
| Dec 31, 2011 | 238.00 Mn |
| Sep 30, 2011 | 110.00 Mn |
| Jun 30, 2011 | 264.00 |
| Mar 31, 2011 | 262.00 Mn |
| Dec 31, 2010 | 89.00 Mn |
| Sep 30, 2010 | 80.00 Mn |
| Jun 30, 2010 | 92.00 Mn |
| Mar 31, 2010 | 95.00 Mn |
| Dec 31, 2009 | 84.00 Mn |
| Sep 30, 2009 | 87.00 Mn |
| Jun 30, 2009 | 94.00 Mn |
| Mar 31, 2009 | 95.00 Mn |