Other
Increase (decrease) in contract liabilities and current deferred income
Southwest Airlines Increase (decrease) in contract liabilities and current deferred income increased by 213.0% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 64.5%, from $660.00M to $1.09B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase signals strong future demand and booking momentum, while a decrease may indicate lower forward bookings.
Detailed definition
Represents the net change in customer deposits or advance payments received for services that have not yet been performe...
Peer comparison
Highly comparable across travel, hospitality, and subscription-based businesses.
Metric ID:
other_increase_decrease_in_contract_with_customer_liabilityHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $946.00M | -$442.00M | $885.00M | -$92.00M | -$93.00M | $947.00M | -$137.00M | -$59.00M | $1.12B | -$317.00M | -$377.00M | -$458.00M | $660.00M | -$606.00M | -$172.00M | -$961.00M | $1.09B |
| QoQ Change | — | -146.7% | +300.2% | -110.4% | -1.1% | >999% | -114.5% | +56.9% | >999% | -128.4% | -18.9% | -21.5% | +244.1% | -191.8% | +71.6% | -458.7% | +213.0% |
| YoY Change | — | — | — | -109.7% | +79.0% | +7.0% | -48.9% | +36.6% | +17.7% | -131.4% | -539.0% | — | -40.8% | -91.2% | +54.4% | -109.8% | +64.5% |
Range-$961.00M – $1.12B
CAGR+3.5%
Avg YoY Growth-62.4%
Median YoY Growth-40.8%
Increase (decrease) in contract liabilities and current deferred income at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's increase (decrease) in contract liabilities and current deferred income?
- Southwest Airlines (LUV) reported increase (decrease) in contract liabilities and current deferred income of $1.09B in Q1 2026.
- How has Southwest Airlines's increase (decrease) in contract liabilities and current deferred income changed year-over-year?
- Southwest Airlines's increase (decrease) in contract liabilities and current deferred income increased by 64.5% year-over-year, from $660.00M to $1.09B.
- What does increase (decrease) in contract liabilities and current deferred income mean?
- The net change in advance payments received from customers for future services.