Non-Current Assets

Capitalized Computer Software, Net

Southwest Airlines Capitalized Computer Software, Net increased by 18.2% to $1.30B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 18.2%, from $1.10B to $1.30B. Over 5 years (FY 2020 to FY 2025), Capitalized Computer Software, Net shows an upward trend with a 13.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025Feb 5, 2026

How to read this metric

An increasing balance indicates a strong commitment to digital infrastructure, e-commerce capabilities, and operational automation.

Detailed definition

This represents the net book value of costs incurred to develop or purchase internal-use or external-use software. By ca...

Peer comparison

Modern retailers are increasingly showing higher capitalized software balances as they invest heavily in omnichannel and digital customer experiences.

Metric ID: capitalized_software_net

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$886.00M$928.00M$1.00B$1.10B$1.30B
QoQ Change+4.7%+7.8%+10.0%+18.2%
YoY Change+4.7%+7.8%+10.0%+18.2%
Range$886.00M$1.30B
CAGR+46.7%
Avg YoY Growth+10.2%
Median YoY Growth+8.9%
Current Streak4+ quarters growth

Frequently Asked Questions

What is Southwest Airlines's capitalized computer software, net?
Southwest Airlines (LUV) reported capitalized computer software, net of $1.30B in Q4 2025.
How has Southwest Airlines's capitalized computer software, net changed year-over-year?
Southwest Airlines's capitalized computer software, net increased by 18.2% year-over-year, from $1.10B to $1.30B.
What is the long-term trend for Southwest Airlines's capitalized computer software, net?
Over 5 years (2020 to 2025), Southwest Airlines's capitalized computer software, net has grown at a 13.3% compound annual growth rate (CAGR), from $697.00M to $1.30B.
What does capitalized computer software, net mean?
The net value of software developed or purchased for internal business use.