Growth Metrics

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 🔒
DateValue
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