Operating
Change in Deferred Revenue
Southwest Airlines Change in Deferred Revenue 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 $660M to $1.09B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase indicates strong future demand and provides immediate cash liquidity, while a decrease suggests declining bookings.
Detailed definition
This captures the change in payments received from customers for services or products that have not yet been delivered....
Peer comparison
Highly relevant for subscription-based businesses and airlines with advance booking models.
Metric ID:
change_in_deferred_revenueHistorical 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 | $946M | -$442M | $885M | -$92M | -$93M | $947M | -$137M | -$59M | $1.12B | -$317M | -$377M | -$458M | $660M | -$606M | -$172M | -$961M | $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-$961M – $1.12B
CAGR+3.5%
Avg YoY Growth-62.4%
Median YoY Growth-40.8%
Change in Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's change in deferred revenue?
- Southwest Airlines (LUV) reported change in deferred revenue of $1.09B in Q1 2026.
- How has Southwest Airlines's change in deferred revenue changed year-over-year?
- Southwest Airlines's change in deferred revenue increased by 64.5% year-over-year, from $660M to $1.09B.
- What does change in deferred revenue mean?
- The change in cash received from customers for services not yet provided.