Other
Prepaid maintenance
Southwest Airlines Prepaid maintenance increased by 4.0% to $311.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.7%, from $262.00M to $311.00M. Over 3 years (FY 2022 to FY 2025), Prepaid maintenance shows an upward trend with a 35.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase indicates significant upcoming maintenance commitments, while a decrease suggests the consumption of these services.
Detailed definition
This represents payments made in advance for future aircraft maintenance services or engine overhauls. By prepaying, the...
Peer comparison
Specific to the airline industry; peers with similar fleet sizes will show comparable levels of maintenance prepayments.
Metric ID:
other_prepaid_maintenance_34d55aHistorical Data
11 periods
| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $119.00M | $258.00M | $264.00M | $263.00M | $271.00M | $263.00M | $262.00M | $257.00M | $282.00M | $299.00M | $311.00M |
| QoQ Change | — | +116.8% | +2.3% | -0.4% | +3.0% | -3.0% | -0.4% | -1.9% | +9.7% | +6.0% | +4.0% |
| YoY Change | — | +116.8% | — | — | — | +1.9% | -0.8% | -2.3% | +4.1% | +13.7% | +18.7% |
Range$119.00M – $311.00M
CAGR+46.9%
Avg YoY Growth+21.7%
Median YoY Growth+4.1%
Current Streak3 quarters growth
Prepaid maintenance at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's prepaid maintenance?
- Southwest Airlines (LUV) reported prepaid maintenance of $311.00M in Q1 2026.
- How has Southwest Airlines's prepaid maintenance changed year-over-year?
- Southwest Airlines's prepaid maintenance increased by 18.7% year-over-year, from $262.00M to $311.00M.
- What is the long-term trend for Southwest Airlines's prepaid maintenance?
- Over 3 years (2022 to 2025), Southwest Airlines's prepaid maintenance has grown at a 35.9% compound annual growth rate (CAGR), from $119.00M to $299.00M.
- What does prepaid maintenance mean?
- Payments made in advance for future aircraft maintenance and engine services.