Revenue
Revenue Recognized from Contract Liabilities
Southwest Airlines Revenue Recognized from Contract Liabilities increased by 218.6% to $2.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.8%, from $2.61B to $2.48B. Over 2 years (FY 2021 to FY 2023), Revenue Recognized from Contract Liabilities shows an upward trend with a 33.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ3 2020
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Consistent recognition of deferred revenue indicates a healthy pipeline of service delivery and stable business operations.
Detailed definition
This metric tracks the portion of revenue recognized during the period that was previously recorded as deferred revenue...
Peer comparison
Commonly analyzed for SaaS and subscription-based business models.
Metric ID:
isrg_contract_liability_revenue_recognizedHistorical Data
18 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $857.00M | $746.00M | $599.00M | $1.88B | $1.15B | $721.00M | $1.23B | $2.57B | $1.60B | $1.09B | $0.00 | $2.56B | $1.46B | $572.00M | $2.61B | $1.25B | $779.00M | $2.48B |
| QoQ Change | — | -13.0% | -19.7% | +214.0% | -39.0% | -37.2% | +70.0% | +109.5% | -37.6% | -31.8% | -100.0% | — | -42.7% | -60.9% | +355.9% | -52.2% | -37.5% | +218.6% |
| YoY Change | — | — | — | — | +34.0% | -3.4% | +104.7% | +36.5% | +39.5% | +51.6% | -100.0% | -0.4% | -8.6% | -47.7% | +2.0% | -14.8% | +36.2% | -4.8% |
Range$0.00 – $2.61B
CAGR+28.4%
Avg YoY Growth+8.9%
Median YoY Growth+0.8%
Revenue Recognized from Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's revenue recognized from contract liabilities?
- Southwest Airlines (LUV) reported revenue recognized from contract liabilities of $2.48B in Q1 2026.
- How has Southwest Airlines's revenue recognized from contract liabilities changed year-over-year?
- Southwest Airlines's revenue recognized from contract liabilities decreased by 4.8% year-over-year, from $2.61B to $2.48B.
- What is the long-term trend for Southwest Airlines's revenue recognized from contract liabilities?
- Over 2 years (2021 to 2023), Southwest Airlines's revenue recognized from contract liabilities has grown at a 33.7% compound annual growth rate (CAGR), from $2.95B to $5.26B.
- What does revenue recognized from contract liabilities mean?
- Revenue recognized this period that was previously held as deferred revenue.