Southwest Airlines LUV Contract Liabilities
Contract Liabilities at other companies
Other financials
Where this comes from
Reported directly by Southwest Airlines in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.
The official record: Southwest Airlines’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Southwest Airlines's contract liabilities?
- Southwest Airlines (LUV) reported contract liabilities of $1.67B in Q2 2026.
- How has Southwest Airlines's contract liabilities changed year-over-year?
- Southwest Airlines's contract liabilities increased by 4.6% year-over-year, from $1.6B to $1.67B.
- What is the long-term trend for Southwest Airlines's contract liabilities?
- Over 5 years (2020 to 2025), Southwest Airlines's contract liabilities has grown at a -18.3% compound annual growth rate (CAGR), from $3.34B to $1.22B.
- What does contract liabilities mean?
- Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.