Other
Deferred Taxes
Southwest Airlines Deferred Taxes increased by 2.8% to $2.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.8%, from $2.12B to $2.35B. Over 5 years (FY 2020 to FY 2025), Deferred Taxes shows an upward trend with a 7.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
First reportedQ4 2019
Last reportedQ1 2026Apr 23, 2026
Metric ID:
other_deferred_income_tax_liabilities_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.69B | $1.8B | $1.77B | $1.83B | $2.07B | $2B | $1.99B | $1.89B | $2.06B | $2.16B | $2.04B | $1.98B | $2.09B | $2.09B | $2.17B | $2.12B | $2.19B | $2.21B | $2.29B | $2.35B |
| QoQ Change | — | +6.3% | -1.4% | +3.2% | +13.5% | -3.7% | -0.5% | -4.9% | +9.0% | +4.9% | -5.2% | -3.1% | +5.5% | +0.2% | +3.5% | -2.0% | +2.9% | +1.1% | +3.6% | +2.8% |
| YoY Change | — | — | — | — | +22.7% | +11.1% | +12.1% | +3.4% | -0.7% | +8.1% | +3.0% | +4.9% | +1.6% | -2.9% | +6.0% | +7.2% | +4.6% | +5.5% | +5.6% | +10.8% |
Range$1.69B – $2.35B
CAGR+7.2%
Avg YoY Growth+6.4%
Median YoY Growth+5.6%
Current Streak4 quarters growth
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's deferred taxes?
- Southwest Airlines (LUV) reported deferred taxes of $2.35B in Q1 2026.
- How has Southwest Airlines's deferred taxes changed year-over-year?
- Southwest Airlines's deferred taxes increased by 10.8% year-over-year, from $2.12B to $2.35B.
- What is the long-term trend for Southwest Airlines's deferred taxes?
- Over 5 years (2020 to 2025), Southwest Airlines's deferred taxes has grown at a 7.0% compound annual growth rate (CAGR), from $1.63B to $2.29B.