Southwest Airlines (LUV) Receivables (2010 - 2026)
Southwest Airlines (LUV) reported Receivables of $239.0 million for Q1 2026, down 79.02% on a YoY basis from $1.1 billion in Q1 2025, and down 80.31% quarter-over-quarter from $1.2 billion in Q4 2025.
Southwest Airlines (LUV) Receivables (2010 - 2026) Analysis & Trends
Southwest Airlines has reported Receivables for 17 years, with the latest figure at $239.0 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables fell 79.02% year-over-year to $239.0 million; the trailing twelve-month figure through Mar 2026 stood at $239.0 million (down 79.02% YoY), and the FY2025 full-year result was $1.2 billion, down 4.93% from the prior year.
- Receivables for Q1 2026 stood at $239.0 million, down from $1.2 billion in the prior quarter.
- The five-year high for Receivables was $1.8 billion in Q1 2022, with the low at $163.0 million in Q3 2024.
- Historically, Receivables has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2022.
- Annual changes were most pronounced in 2022 — Receivables soared 813.33% — and 2024, when it plunged 90.45%.
- Southwest Airlines' Receivables stood at $1.2 billion in 2022, then grew by 6.33% to $1.3 billion in 2023, then dropped by 2.59% to $1.3 billion in 2024, then dropped by 4.93% to $1.2 billion in 2025, then slumped by 80.31% to $239.0 million in 2026.
- The last three Receivables figures came in at $239.0 million (Q1 2026), $1.2 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 51.75 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 4.09 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 239.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 200.86 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 630.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 199.76 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 250.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 399.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 49.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 239.00 Mn |
| Dec 31, 2025 | 1.21 Bn |
| Sep 30, 2025 | 1.32 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 1.14 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 163.00 Mn |
| Jun 30, 2024 | 1.50 Bn |
| Mar 31, 2024 | 190.00 Mn |
| Dec 31, 2023 | 1.31 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.54 Bn |
| Mar 31, 2023 | 376.00 Mn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.54 Bn |
| Jun 30, 2022 | 225.00 Mn |
| Mar 31, 2022 | 1.79 Bn |
| Dec 31, 2021 | 135.00 Mn |
| Sep 30, 2021 | 1.63 Bn |
| Jun 30, 2021 | 210.00 Mn |