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Southwest Airlines LUV Revenue recognized that was included in deferred income at the beginning of the period
Revenue recognized that was included in deferred income at the beginning of the period at other companies
Other financials
Where this comes from
Reported directly by Southwest Airlines in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.
The source filing: Southwest Airlines’s 10-Q, filed July 23, 2026.
- Filed
- Jul 23, 2026, 4:11 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000092380-26-000077
| (in millions) | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Air traffic liability - beginning balance | $7,164 | $8,242 |
| Current period sales (a) | 14,891 | 12,489 |
| Revenue from amounts included in contract liability opening balances | (3,515) | (3,855) |
| Revenue from current period sales | (10,356) | (8,580) |
| Air traffic liability - ending balance | $8,184 | $8,296 |
Item 1. Financial Statements
FAQ
- What is Southwest Airlines's revenue recognized that was included in deferred income at the beginning of the period?
- Southwest Airlines (LUV) reported revenue recognized that was included in deferred income at the beginning of the period of $1.03B in Q2 2026.
- How has Southwest Airlines's revenue recognized that was included in deferred income at the beginning of the period changed year-over-year?
- Southwest Airlines's revenue recognized that was included in deferred income at the beginning of the period decreased by 17.2% year-over-year, from $1.25B to $1.03B.
- What is the long-term trend for Southwest Airlines's revenue recognized that was included in deferred income at the beginning of the period?
- Over 2 years (2021 to 2023), Southwest Airlines's revenue recognized that was included in deferred income at the beginning of the period has grown at a 33.7% compound annual growth rate (CAGR), from $2.95B to $5.26B.
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