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% YoY 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 18 years of Prepaid Assets data on file, last reported at $556.0 million 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 was little changed at $556.0 million in Q2 2026, from $554.0 million in the prior quarter.
- In the past five years, Prepaid Assets ranged from a high of $825.0 million in Q2 2022 to a low of $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 jumped 108.99% — and 2023, when it slumped 35.15%.
- Tracing LUV's Prepaid Assets over 5 years: 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 rose by 13.47% to $556.0 million in 2026.
- The last three Prepaid Assets figures came in at $556.0 million (Q2 2026), $554.0 million (Q1 2026), and $490.0 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |