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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.

Analysis

StatementIncome Statement
SectionRevenue
First reportedQ3 2020
Last reportedQ1 2026Apr 23, 2026
Metric ID: isrg_contract_liability_revenue_recognized

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$857M$746M$599M$1.88B$1.15B$721M$1.23B$2.57B$1.6B$1.09B$0$2.56B$1.46B$572M$2.61B$1.25B$779M$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$2.61B
CAGR+28.4%
Avg YoY Growth+8.9%
Median YoY Growth+0.8%

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.