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

Southwest Airlines has reported Prepaid Assets for 18 years, with the latest figure 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.
• The five-year high for Prepaid Assets was $825.0 million in Q2 2022, with the low at $467.0 million in Q2 2025.
• Historically, Prepaid Assets has averaged $605.3 million across 5 years, with a median of $614.0 million in 2023.
• Annual changes were most pronounced in 2022 — Prepaid Assets jumped 108.99% — and 2023, when it slumped 35.15%.
• Southwest Airlines' Prepaid Assets stood at $686.0 million in 2022, then retreated by 24.2% to $520.0 million in 2023, then increased by 22.88% to $639.0 million in 2024, then retreated by 23.32% to $490.0 million in 2025, then gained 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.