Current Assets

Inventories of parts and supplies, at cost

Southwest Airlines Inventories of parts and supplies, at cost increased by 7.5% to $833.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $786.00M to $833.00M. Over 5 years (FY 2020 to FY 2025), Inventories of parts and supplies, at cost shows an upward trend with a 13.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase may signal preparation for fleet growth or supply chain hedging, while a decrease could indicate improved inventory management or supply shortages.

Detailed definition

This includes the value of spare parts, rotable components, and maintenance supplies held for the repair and upkeep of t...

Peer comparison

Standard for airlines, though levels vary based on fleet size and maintenance outsourcing strategy.

Metric ID: current_assets_airline_related_inventory

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$464.00M$511.00M$537.00M$623.00M$751.00M$776.00M$790.00M$736.00M$714.00M$799.00M$807.00M$812.00M$784.00M$770.00M$800.00M$786.00M$773.00M$792.00M$775.00M$833.00M
QoQ Change+10.1%+5.1%+16.0%+20.5%+3.3%+1.8%-6.8%-3.0%+11.9%+1.0%+0.6%-3.4%-1.8%+3.9%-1.8%-1.7%+2.5%-2.1%+7.5%
YoY Change+61.9%+51.9%+47.1%+18.1%-4.9%+3.0%+2.2%+10.3%+9.8%-3.6%-0.9%-3.2%-1.4%+2.9%-3.1%+6.0%
Range$464.00M$833.00M
CAGR+13.1%
Avg YoY Growth+12.2%
Median YoY Growth+2.9%

Frequently Asked Questions

What is Southwest Airlines's inventories of parts and supplies, at cost?
Southwest Airlines (LUV) reported inventories of parts and supplies, at cost of $833.00M in Q1 2026.
How has Southwest Airlines's inventories of parts and supplies, at cost changed year-over-year?
Southwest Airlines's inventories of parts and supplies, at cost increased by 6.0% year-over-year, from $786.00M to $833.00M.
What is the long-term trend for Southwest Airlines's inventories of parts and supplies, at cost?
Over 5 years (2020 to 2025), Southwest Airlines's inventories of parts and supplies, at cost has grown at a 13.4% compound annual growth rate (CAGR), from $414.00M to $775.00M.
What does inventories of parts and supplies, at cost mean?
The value of spare parts and maintenance supplies held for aircraft repairs.