Southwest Airlines LUV
NYSE LUV
$40.99 +0.66 (+1.64%)
At close: Sep 18, 2026 · 4:00 PM EDT

Southwest Airlines (LUV) Prepaid Assets (2009 - 2026)

Southwest Airlines' (LUV) quarterly Prepaid Assets came in at $556.0 million in Q2 2026, up 19.06% on a YoY basis from $467.0 million in Q2 2025, and little changed quarter-over-quarter from $554.0 million in Q1 2026.

Analysis

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.

  • For the quarter ending Q2 2026, Prepaid Assets rose 19.06% year-over-year to $556.0 million; the trailing twelve-month figure through Jun 2026 stood at $556.0 million (up 19.06% YoY), and the FY2025 full-year result was $490.0 million, down 23.32% from the prior year.
  • Prepaid Assets was little changed at $556.0 million in Q2 2026 per LUV's latest filing, from $554.0 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.
  • Historically, Prepaid Assets has averaged $602.6 million across 5 years, with a median of $608.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Prepaid Assets surged 108.99% in 2022, then tumbled 35.15% in 2023.
  • Over 5 years, Prepaid Assets stood at $686.0 million in 2022, then slipped by 24.2% to $520.0 million in 2023, then gained by 22.88% to $639.0 million in 2024, then slipped by 23.32% to $490.0 million in 2025, then advanced 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Delta Air Lines 52.35 Bn 47.68 Bn 19.07 Bn
2 Ryanair Holdings 27.93 Bn 24.00 Bn -
3 Southwest Airlines 20.05 Bn 16.26 Bn 7.33 Bn
4 Copa Holdings 5.42 Bn 4.16 Bn 1.03 Bn
5 Alaska Air 4.52 Bn 1.86 Bn 3.76 Bn
6 Skywest 3.74 Bn 3.14 Bn 1.01 Bn
7 Grupo Aeromexico, S.A.B. de C.V 2.25 Bn 1.21 Bn -
8 Allegiant Travel 2.14 Bn 1.08 Bn 902.77 Mn
9 Jetblue Airways 1.65 Bn -372.51 Mn 2.32 Bn
10 Frontier Group Holdings 1.34 Bn 384.76 Mn -
Historic Data

Historic Data

Download Data
DateValue
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