$LUV Balance Sheet | Understand Stock

Understand Stock

$LUV

$41.12 +$0.25 (0.61%)

Deep Research with AI Research

Overview

$LUV Overview Financials SEC Filings Executives News

Specialized Tools

Valuations P Insider Transactions P Congressional Trades P

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Balance Sheet

Concept	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.328B -59.67% YoY	$3.231B -62.97% YoY	$2.902B -69.07% YoY	$3.475B -65.26% YoY	$8.252B -21.5% YoY	$8.725B -23.96% YoY	$9.382B -20.04% YoY	$10.00B -17.88% YoY	$10.51B -9.95% YoY	$11.47B -6.65% YoY	$11.73B -14.19% YoY	$12.18B -25.88% YoY	$11.67B -25.83% YoY	$12.29B -20.72% YoY	$13.67B -14.57% YoY	$16.43B -2.63% YoY	$15.74B 9.7% YoY	$15.50B 16.27% YoY	$16.00B 9.9% YoY
Cash & Equivalents	$3.328B -59.09% YoY	$3.231B -56.97% YoY	$2.902B -65.87% YoY	$3.475B -57.32% YoY	$8.134B -2.78% YoY	$7.509B -19.15% YoY	$8.503B -10.47% YoY	$8.142B -11.09% YoY	$8.367B 0.1% YoY	$9.288B -2.15% YoY	$9.497B -9.06% YoY	$9.158B -30.8% YoY	$8.359B -36.18% YoY	$9.492B -23.94% YoY	$10.44B -19.55% YoY	$13.23B -6.3% YoY	$13.10B 9.41% YoY	$12.48B 12.81% YoY	$12.98B 7.19% YoY
Short-Term Investments	N/A	$0.00 -100.0% YoY	$116.0M -86.8% YoY	$364.0M -80.43% YoY	$118.0M -94.5% YoY	$1.216B -44.37% YoY	$879.0M -60.69% YoY	$1.860B -38.43% YoY	$2.145B -35.29% YoY	$2.186B -21.93% YoY	$2.236B -30.77% YoY	$3.021B -5.51% YoY	$3.315B 25.47% YoY	$2.800B -7.41% YoY	$3.230B 6.81% YoY	$3.197B 16.21% YoY	$2.642B 11.15% YoY	$3.024B 33.16% YoY	$3.024B 23.28% YoY
Other Short-Term Assets	$554.0M -10.36% YoY	$490.0M -23.32% YoY	$467.0M -22.3% YoY	$467.0M -24.56% YoY	$618.0M 2.49% YoY	$639.0M 22.88% YoY	$601.0M -4.91% YoY	$619.0M 15.7% YoY	$603.0M -1.79% YoY	$520.0M -24.2% YoY	$632.0M -3.22% YoY	$535.0M -35.15% YoY	$614.0M -19.95% YoY	$686.0M 7.52% YoY	$653.0M 16.61% YoY	$825.0M 58.35% YoY	$767.0M 108.99% YoY	$638.0M 116.27% YoY	$560.0M 125.81% YoY
Inventory	$833.0M 5.98% YoY	$775.0M -3.13% YoY	$792.0M 2.86% YoY	$773.0M -1.4% YoY	$786.0M -3.2% YoY	$800.0M -0.87% YoY	$770.0M -3.63% YoY	$784.0M 9.8% YoY	$812.0M 10.33% YoY	$807.0M 2.15% YoY	$799.0M 2.96% YoY	$714.0M -4.93% YoY	$736.0M 18.14% YoY	$790.0M 47.11% YoY	$776.0M 51.86% YoY	$751.0M 61.85% YoY	$623.0M 39.06% YoY	$537.0M 29.71% YoY	$511.0M 19.95% YoY
Prepaid Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Receivables	$171.0M -84.14% YoY	$98.00M -91.17% YoY	$52.00M -95.58% YoY	$60.00M -95.54% YoY	$1.078B 1758.62% YoY	$1.110B 83.47% YoY	$1.177B 728.87% YoY	$1.346B 95.36% YoY	$58.00M -9.38% YoY	$605.0M -41.83% YoY	$142.0M -89.21% YoY	$689.0M 1067.8% YoY	$64.00M -8.57% YoY	$1.040B 1693.1% YoY	$1.316B 1864.18% YoY	$59.00M -27.16% YoY	$70.00M -46.97% YoY	$58.00M 26.09% YoY	$67.00M -86.96% YoY
Other Receivables	$68.00M N/A	$65.00M -61.08% YoY	$24.00M N/A	$31.00M N/A	$0.00 -100.0% YoY	$167.0M -44.7% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$132.0M -57.69% YoY	$302.0M N/A	$239.0M N/A	$544.0M 94.98% YoY	$312.0M 215.15% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$279.0M 564.29% YoY	$99.00M 1137.5% YoY	$77.00M 120.0% YoY	$154.0M 1183.33% YoY
Total Short-Term Assets	$5.969B -44.39% YoY	$5.645B -49.93% YoY	$5.395B -54.78% YoY	$6.092B -52.22% YoY	$10.73B -19.18% YoY	$11.27B -19.21% YoY	$11.93B -18.46% YoY	$12.75B -13.03% YoY	$13.28B -6.96% YoY	$13.96B -5.76% YoY	$14.63B -10.88% YoY	$14.66B -24.41% YoY	$14.27B -24.16% YoY	$14.81B -17.9% YoY	$16.42B -11.51% YoY	$19.40B 1.08% YoY	$18.82B 16.91% YoY	$18.04B 18.87% YoY	$18.55B 15.01% YoY
LONG-TERM ASSETS
Property, Plant & Equipment	$20.38B -0.41% YoY	$20.25B -0.88% YoY	$19.71B -5.6% YoY	$19.40B -6.71% YoY	$20.46B 4.6% YoY	$20.43B -0.84% YoY	$20.87B 9.43% YoY	$20.80B 4.34% YoY	$19.56B 8.53% YoY	$20.60B 9.94% YoY	$19.08B 7.25% YoY	$19.93B 27.81% YoY	$18.02B 20.67% YoY	$18.74B 26.24% YoY	$17.79B 18.13% YoY	$15.59B 2.31% YoY	$14.94B -4.54% YoY	$14.84B -6.25% YoY	$15.06B -6.23% YoY
Goodwill	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY	$970.0M 0.0% YoY
Intangibles	$296.0M -1.0% YoY	$296.0M -1.33% YoY	$295.0M -1.67% YoY	$295.0M -1.67% YoY	$299.0M 1.36% YoY	$300.0M 1.35% YoY	$300.0M 1.35% YoY	$300.0M 1.35% YoY	$295.0M 0.0% YoY	$296.0M 0.0% YoY	$296.0M 0.34% YoY	$296.0M 0.34% YoY	$295.0M 0.0% YoY	$296.0M 0.34% YoY	$295.0M 0.0% YoY	$295.0M 0.0% YoY	$295.0M 0.0% YoY	$295.0M 0.0% YoY	$295.0M 0.0% YoY
Long-Term Investments	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Assets	$1.021B -2.58% YoY	$1.112B 2.87% YoY	$1.073B 0.0% YoY	$1.006B -3.73% YoY	$1.048B 2.34% YoY	$1.081B 12.14% YoY	$1.073B 5.61% YoY	$1.045B 58.09% YoY	$1.024B 14.03% YoY	$964.0M 12.75% YoY	$1.016B 31.61% YoY	$661.0M -21.96% YoY	$898.0M -8.18% YoY	$855.0M -3.06% YoY	$772.0M -16.0% YoY	$847.0M 1.19% YoY	$978.0M 31.63% YoY	$882.0M 22.16% YoY	$919.0M 35.35% YoY
Total Long-Term Assets	$23.39B 4.04% YoY	$23.42B 4.18% YoY	$22.92B 0.0% YoY	$22.62B -0.84% YoY	$22.48B -1.14% YoY	$22.48B -0.25% YoY	$22.92B 2.54% YoY	$22.81B 4.36% YoY	$22.74B 6.89% YoY	$22.53B 9.59% YoY	$22.35B 14.45% YoY	$21.86B 15.61% YoY	$21.27B 15.36% YoY	$20.56B 12.45% YoY	$19.53B 5.24% YoY	$18.91B -0.59% YoY	$18.44B -4.91% YoY	$18.28B -5.83% YoY	$18.56B -4.7% YoY
TOTAL ASSETS
Total Short-Term Assets	$5.969B -44.39% YoY	$5.645B -49.93% YoY	$5.395B -54.78% YoY	$6.092B -52.22% YoY	$10.73B -19.18% YoY	$11.27B -19.21% YoY	$11.93B -18.46% YoY	$12.75B -13.03% YoY	$13.28B -6.96% YoY	$13.96B -5.76% YoY	$14.63B -10.88% YoY	$14.66B -24.41% YoY	$14.27B -24.16% YoY	$14.81B -17.9% YoY	$16.42B -11.51% YoY	$19.40B 1.08% YoY	$18.82B 16.91% YoY	$18.04B 18.87% YoY	$18.55B 15.01% YoY
Total Long-Term Assets	$23.39B	$23.42B	$22.92B	$22.62B	$22.48B	$22.48B	$22.92B	$22.81B	$22.74B	$22.53B	$22.35B	$21.86B	$21.27B	$20.56B	$19.53B	$18.91B	$18.44B	$18.28B	$18.56B
Total Assets	$29.36B -11.61% YoY	$29.06B -13.89% YoY	$28.31B -18.75% YoY	$28.71B -19.26% YoY	$33.21B -7.79% YoY	$33.75B -7.5% YoY	$34.85B -5.77% YoY	$35.56B -2.62% YoY	$36.02B 1.33% YoY	$36.49B 3.16% YoY	$36.98B 2.88% YoY	$36.52B -4.66% YoY	$35.55B -4.61% YoY	$35.37B -2.62% YoY	$35.95B -3.14% YoY	$38.30B 0.25% YoY	$37.26B 4.98% YoY	$36.32B 5.01% YoY	$37.11B 4.23% YoY
SHORT-TERM LIABILITIES
Accounts Payable	$2.114B 9.82% YoY	$1.991B 9.52% YoY	$1.708B 12.52% YoY	$1.811B -10.7% YoY	$1.925B -1.23% YoY	$1.818B -2.36% YoY	$1.518B -12.56% YoY	$2.028B 160.67% YoY	$1.949B 12.72% YoY	$1.862B -7.09% YoY	$1.736B 11.78% YoY	$778.0M -59.22% YoY	$1.729B 4.92% YoY	$2.004B 56.32% YoY	$1.553B 26.36% YoY	$1.908B 38.46% YoY	$1.648B 50.64% YoY	$1.282B 37.7% YoY	$1.229B 25.41% YoY
Accrued Expenses	$2.170B -6.02% YoY	$2.349B 6.48% YoY	$2.091B -9.01% YoY	$2.040B -1.35% YoY	$2.309B -3.79% YoY	$2.206B -38.82% YoY	$2.298B -20.21% YoY	$2.068B -31.43% YoY	$2.400B 13.31% YoY	$3.606B 58.99% YoY	$2.880B 36.23% YoY	$3.016B 90.04% YoY	$2.118B 55.74% YoY	$2.268B 39.66% YoY	$2.114B 25.31% YoY	$1.587B -32.55% YoY	$1.360B -18.32% YoY	$1.624B -28.11% YoY	$1.687B -8.12% YoY
Deferred Revenue	$7.049B -0.14% YoY	$5.945B -5.54% YoY	$6.862B 1.76% YoY	$6.696B -5.5% YoY	$7.059B -7.63% YoY	$6.294B -3.92% YoY	$6.743B -6.94% YoY	$7.086B -0.49% YoY	$7.642B 5.89% YoY	$6.551B 8.03% YoY	$7.246B 13.79% YoY	$7.121B 12.82% YoY	$7.217B 12.66% YoY	$6.064B 8.95% YoY	$6.368B 10.73% YoY	$6.312B 0.0% YoY	$6.406B 30.57% YoY	$5.566B 46.86% YoY	$5.751B 45.52% YoY
Short-Term Debt	N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Long-Term Debt Due	$851.0M -67.37% YoY	$324.0M -80.12% YoY	$23.00M -99.22% YoY	$22.00M -99.25% YoY	$2.608B 9214.29% YoY	$1.630B 5520.69% YoY	$2.930B 9666.67% YoY	$2.931B 9354.84% YoY	$28.00M -12.5% YoY	$29.00M -30.95% YoY	$30.00M -92.13% YoY	$31.00M -98.13% YoY	$32.00M -92.29% YoY	$42.00M -90.73% YoY	$381.0M 69.33% YoY	$1.662B -23.27% YoY	$415.0M 84.44% YoY	$453.0M 105.91% YoY	$225.0M -68.75% YoY
Total Short-Term Liabilities	$12.48B -10.19% YoY	$10.92B -11.04% YoY	$10.99B -18.5% YoY	$10.89B -22.82% YoY	$13.90B 13.71% YoY	$12.28B 0.16% YoY	$13.49B 11.37% YoY	$14.11B 20.34% YoY	$12.23B 7.91% YoY	$12.26B 18.1% YoY	$12.11B 16.28% YoY	$11.73B 0.15% YoY	$11.33B 12.51% YoY	$10.38B 13.25% YoY	$10.42B 14.02% YoY	$11.71B -6.13% YoY	$10.07B 23.06% YoY	$9.164B 22.09% YoY	$9.135B 17.06% YoY
LONG-TERM LIABILITIES
Long-Term Debt	$4.536B 11.01% YoY	$4.577B -9.71% YoY	$4.079B -19.63% YoY	$4.081B -19.43% YoY	$4.086B -48.76% YoY	$5.069B -36.46% YoY	$5.075B -36.44% YoY	$5.065B -36.64% YoY	$7.974B -0.31% YoY	$7.978B -0.85% YoY	$7.984B -3.98% YoY	$7.994B -9.95% YoY	$7.999B -22.41% YoY	$8.046B -21.69% YoY	$8.315B -24.5% YoY	$8.877B -3.38% YoY	$10.31B -2.25% YoY	$10.27B 1.61% YoY	$11.01B 8.66% YoY
Other Long-Term Liabilities	$1.197B -67.96% YoY	$1.306B 43.67% YoY	$1.144B -69.72% YoY	$1.038B -72.91% YoY	$3.736B 298.72% YoY	$909.0M -7.34% YoY	$3.778B 329.32% YoY	$3.831B -3.04% YoY	$937.0M 0.11% YoY	$981.0M -77.04% YoY	$880.0M -79.52% YoY	$3.951B 260.49% YoY	$936.0M -19.31% YoY	$4.273B 249.1% YoY	$4.296B 291.26% YoY	$1.096B -2.14% YoY	$1.160B 3.29% YoY	$1.224B -1.84% YoY	$1.098B -10.95% YoY
Total Long-Term Liabilities	$1.197B -84.7% YoY	$1.306B 43.67% YoY	$1.144B -87.08% YoY	$1.038B -88.33% YoY	$7.822B 734.79% YoY	$909.0M -7.34% YoY	$8.853B 906.02% YoY	$8.896B -25.53% YoY	$937.0M 0.11% YoY	$981.0M -92.04% YoY	$880.0M -93.02% YoY	$11.95B 989.87% YoY	$936.0M -19.31% YoY	$12.32B 906.45% YoY	$12.61B 1048.54% YoY	$1.096B -2.14% YoY	$1.160B 3.29% YoY	$1.224B -1.84% YoY	$1.098B -10.95% YoY
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.48B -10.19% YoY	$10.92B -11.04% YoY	$10.99B -18.5% YoY	$10.89B -22.82% YoY	$13.90B 13.71% YoY	$12.28B 0.16% YoY	$13.49B 11.37% YoY	$14.11B 20.34% YoY	$12.23B 7.91% YoY	$12.26B 18.1% YoY	$12.11B 16.28% YoY	$11.73B 0.15% YoY	$11.33B 12.51% YoY	$10.38B 13.25% YoY	$10.42B 14.02% YoY	$11.71B -6.13% YoY	$10.07B 23.06% YoY	$9.164B 22.09% YoY	$9.135B 17.06% YoY
Total Long-Term Liabilities	$1.197B -84.7% YoY	$1.306B 43.67% YoY	$1.144B -87.08% YoY	$1.038B -88.33% YoY	$7.822B 734.79% YoY	$909.0M -7.34% YoY	$8.853B 906.02% YoY	$8.896B -25.53% YoY	$937.0M 0.11% YoY	$981.0M -92.04% YoY	$880.0M -93.02% YoY	$11.95B 989.87% YoY	$936.0M -19.31% YoY	$12.32B 906.45% YoY	$12.61B 1048.54% YoY	$1.096B -2.14% YoY	$1.160B 3.29% YoY	$1.224B -1.84% YoY	$1.098B -10.95% YoY
Total Liabilities	$13.68B -42.63% YoY	$12.23B -7.27% YoY	$12.14B -50.33% YoY	$11.93B -52.47% YoY	$23.85B 81.18% YoY	$13.19B -0.39% YoY	$24.44B 88.08% YoY	$25.10B -2.46% YoY	$13.16B 7.31% YoY	$13.24B -46.37% YoY	$12.99B -48.08% YoY	$25.73B 100.91% YoY	$12.27B 9.23% YoY	$24.68B 137.6% YoY	$25.02B 144.52% YoY	$12.81B -5.8% YoY	$11.23B 20.68% YoY	$10.39B 18.68% YoY	$10.23B 13.23% YoY
SHAREHOLDERS EQUITY
Retained Earnings	$16.53B 2.77% YoY	$16.39B 0.34% YoY	$16.16B -0.12% YoY	$16.20B -0.12% YoY	$16.08B 0.76% YoY	$16.33B 0.21% YoY	$16.18B -2.88% YoY	$16.22B -2.13% YoY	$15.96B -0.23% YoY	$16.30B 0.22% YoY	$16.66B 0.42% YoY	$16.57B 1.59% YoY	$16.00B 2.86% YoY	$16.26B 3.09% YoY	$16.59B 5.62% YoY	$16.31B 6.89% YoY	$15.55B 4.29% YoY	$15.77B 6.75% YoY	$15.71B 0.13% YoY
Common Stock	$5.148B 0.98% YoY	$5.210B 2.42% YoY	$5.171B 2.03% YoY	$5.135B 1.91% YoY	$5.098B 1.43% YoY	$5.087B 0.91% YoY	$5.068B 0.9% YoY	$5.039B 0.96% YoY	$5.026B 1.62% YoY	$5.041B 2.36% YoY	$5.023B 2.99% YoY	$4.991B 2.82% YoY	$4.946B 2.44% YoY	$4.925B -3.66% YoY	$4.877B -5.1% YoY	$4.854B -5.88% YoY	$4.828B -5.48% YoY	$5.112B 0.65% YoY	$5.139B 1.5% YoY
Preferred Stock	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock (at cost)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$10.84B -0.16% YoY	$10.85B -0.15% YoY	$10.85B -0.14% YoY	$10.85B -0.13% YoY	$10.86B -0.14% YoY	$10.86B -0.14% YoY
Treasury Stock Shares	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	294.1M shares -0.64% YoY	N/A	N/A	N/A	296.0M shares -0.55% YoY	N/A
Shareholders Equity	$6.875B -26.59% YoY	$7.981B -22.89% YoY	$7.776B -25.31% YoY	$8.000B -23.55% YoY	$9.365B -8.15% YoY	$10.35B -1.57% YoY	$10.41B -5.82% YoY	$10.47B -3.0% YoY	$10.20B -1.03% YoY	$10.52B -1.61% YoY	$11.05B 1.19% YoY	$10.79B -2.98% YoY	$10.30B -1.1% YoY	$10.69B 2.62% YoY	$10.92B 6.58% YoY	$11.12B 14.78% YoY	$10.42B 14.56% YoY	$10.41B 17.33% YoY	$10.25B 4.92% YoY
Total Liabilities & Shareholders Equity	$29.36B -11.61% YoY	$29.06B -13.89% YoY	$28.31B -18.75% YoY	$28.71B -19.26% YoY	$33.21B -7.79% YoY	$33.75B -7.5% YoY	$34.85B -5.77% YoY	$35.56B -2.62% YoY	$36.02B 1.33% YoY	$36.49B 3.16% YoY	$36.98B 2.88% YoY	$36.52B -4.66% YoY	$35.55B -4.61% YoY	$35.37B -2.62% YoY	$35.95B -3.14% YoY	$38.30B 0.25% YoY	$37.26B 4.98% YoY	$36.32B 5.01% YoY	$37.11B 4.23% YoY