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
Download Data
Historic 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 |