Other
Property and income taxes
Southwest Airlines Property and income taxes decreased by 5.5% to $69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $70M to $69M. Over 2 years (FY 2023 to FY 2025), Property and income taxes shows an upward trend with a 7.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
First reportedQ4 2023
Last reportedQ1 2026Apr 23, 2026
Metric ID:
other_accrual_for_property_and_income_taxesHistorical Data
10 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $63M | $56M | $70M | $73M | $53M | $70M | $69M | $69M | $73M | $69M |
| QoQ Change | — | -11.1% | +25.0% | +4.3% | -27.4% | +32.1% | -1.4% | +0.0% | +5.8% | -5.5% |
| YoY Change | — | — | — | — | -15.9% | +25.0% | -1.4% | -5.5% | +37.7% | -1.4% |
Range$53M – $73M
CAGR+4.1%
Avg YoY Growth+6.4%
Median YoY Growth-1.4%
Frequently Asked Questions
- What is Southwest Airlines's property and income taxes?
- Southwest Airlines (LUV) reported property and income taxes of $69M in Q1 2026.
- How has Southwest Airlines's property and income taxes changed year-over-year?
- Southwest Airlines's property and income taxes decreased by 1.4% year-over-year, from $70M to $69M.
- What is the long-term trend for Southwest Airlines's property and income taxes?
- Over 2 years (2023 to 2025), Southwest Airlines's property and income taxes has grown at a 7.6% compound annual growth rate (CAGR), from $63M to $73M.