Third party services
Southwest Airlines Third party services increased by 2.0% to $205.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 45.4%, from $141.00M to $205.00M. Over 3 years (FY 2022 to FY 2025), Third party services shows relatively stable performance with a 0.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher reliance on external vendors or timing lags in invoicing, while a decrease indicates the settlement of service-related liabilities.
Detailed definition
This captures accrued expenses for various third-party professional or operational services that have been incurred but...
Peer comparison
Common across service-oriented businesses; peers with high outsourcing levels will show larger balances.
other_accrued_third_party_servicesHistorical Data
| 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 | $196.00M | $240.00M | $273.00M | $225.00M | $269.00M | $229.00M | $181.00M | $123.00M | $176.00M | $141.00M | $210.00M | $177.00M | $201.00M | $205.00M |
| QoQ Change | — | +22.4% | +13.8% | -17.6% | +19.6% | -14.9% | -21.0% | -32.0% | +43.1% | -19.9% | +48.9% | -15.7% | +13.6% | +2.0% |
| YoY Change | — | — | — | — | +37.2% | -4.6% | -33.7% | -45.3% | -34.6% | -38.4% | +16.0% | +43.9% | +14.2% | +45.4% |
Third party services at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's third party services?
- Southwest Airlines (LUV) reported third party services of $205.00M in Q1 2026.
- How has Southwest Airlines's third party services changed year-over-year?
- Southwest Airlines's third party services increased by 45.4% year-over-year, from $141.00M to $205.00M.
- What is the long-term trend for Southwest Airlines's third party services?
- Over 3 years (2022 to 2025), Southwest Airlines's third party services has grown at a 0.8% compound annual growth rate (CAGR), from $196.00M to $201.00M.
- What does third party services mean?
- Unpaid expenses for outsourced services provided by third parties.