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
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