Southwest Airlines Aircraft maintenance materials and outside repairs decreased by 15.4% to $259.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.3%, from $292.00M to $259.00M. Over 4 years (FY 2021 to FY 2025), Aircraft maintenance materials and outside repairs shows an upward trend with a 9.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal a need for more frequent repairs due to an aging fleet, while a decrease suggests a newer, more efficient fleet or improved maintenance cycles.
This metric covers the costs of materials, parts, and third-party labor required to keep operational assets in safe and...
Standard for transportation and heavy industry; comparable across peers based on fleet age and maintenance strategy.
operating_expenses_aircraft_maintenance_materials_and_repairs| 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 | $222.00M | $250.00M | $208.00M | $211.00M | $210.00M | $204.00M | $228.00M | $240.00M | $271.00M | $326.00M | $352.00M | $361.00M | $350.00M | $335.00M | $307.00M | $292.00M | $331.00M | $299.00M | $306.00M | $259.00M |
| QoQ Change | — | +12.6% | -16.8% | +1.4% | -0.5% | -2.9% | +11.8% | +5.3% | +12.9% | +20.3% | +8.0% | +2.6% | -3.0% | -4.3% | -8.4% | -4.9% | +13.4% | -9.7% | +2.3% | -15.4% |
| YoY Change | — | — | — | — | -5.4% | -18.4% | +9.6% | +13.7% | +29.0% | +59.8% | +54.4% | +50.4% | +29.2% | +2.8% | -12.8% | -19.1% | -5.4% | -10.7% | -0.3% | -11.3% |