Current Liabilities
Accrued Expenses
Southwest Airlines Accrued Expenses decreased by 7.6% to $2.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $1.98B to $2.17B. Over 5 years (FY 2020 to FY 2025), Accrued Expenses shows relatively stable performance with a 0.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026
How to read this metric
A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.
Detailed definition
This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...
Peer comparison
Standard current liability found in almost all corporate balance sheets.
Metric ID:
accrued_expensesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.35B | $1.69B | $1.62B | $1.36B | $1.59B | $1.88B | $2.04B | $2.12B | $2.47B | $2.88B | $3.61B | $2.40B | $1.87B | $2.10B | $2.21B | $1.98B | $2.04B | $2.09B | $2.35B | $2.17B |
| QoQ Change | — | -28.3% | -3.7% | -16.3% | +16.7% | +18.5% | +8.6% | +3.7% | +16.5% | +16.7% | +25.2% | -33.4% | -22.1% | +12.1% | +5.2% | -10.3% | +3.1% | +2.5% | +12.3% | -7.6% |
| YoY Change | — | — | — | — | -32.6% | +11.5% | +25.8% | +55.7% | +55.5% | +53.1% | +76.5% | +13.3% | -24.2% | -27.2% | -38.8% | -17.6% | +9.1% | -0.2% | +6.5% | +9.7% |
Range$1.36B – $3.61B
CAGR-1.7%
Avg YoY Growth+11.0%
Median YoY Growth+9.4%
Accrued Expenses at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's accrued expenses?
- Southwest Airlines (LUV) reported accrued expenses of $2.17B in Q1 2026.
- How has Southwest Airlines's accrued expenses changed year-over-year?
- Southwest Airlines's accrued expenses increased by 9.7% year-over-year, from $1.98B to $2.17B.
- What is the long-term trend for Southwest Airlines's accrued expenses?
- Over 5 years (2020 to 2025), Southwest Airlines's accrued expenses has grown at a 0.8% compound annual growth rate (CAGR), from $2.26B to $2.35B.
- What does accrued expenses mean?
- Expenses the company has incurred but has not yet received a bill for or paid.