Current Assets
Prepaid & Other Current
Southwest Airlines Prepaid & Other Current increased by 13.1% to $554M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.4%, from $618M to $554M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 10.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Significant fluctuations may indicate changes in the timing of major operational expenses or prepayments for future services.
Detailed definition
This category includes payments made in advance for goods or services that will be consumed within the next year, such a...
Peer comparison
Common across all industries as a standard accounting classification.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
20 periods
| 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 | $521M | $560M | $638M | $767M | $825M | $653M | $686M | $614M | $535M | $632M | $520M | $603M | $619M | $601M | $639M | $618M | $467M | $467M | $490M | $554M |
| QoQ Change | — | +7.5% | +13.9% | +20.2% | +7.6% | -20.8% | +5.1% | -10.5% | -12.9% | +18.1% | -17.7% | +16.0% | +2.7% | -2.9% | +6.3% | -3.3% | -24.4% | +0.0% | +4.9% | +13.1% |
| YoY Change | — | — | — | — | +58.3% | +16.6% | +7.5% | -19.9% | -35.2% | -3.2% | -24.2% | -1.8% | +15.7% | -4.9% | +22.9% | +2.5% | -24.6% | -22.3% | -23.3% | -10.4% |
Range$467M – $825M
CAGR+1.3%
Avg YoY Growth-2.9%
Median YoY Growth-4.1%
Current Streak3 quarters growth
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's prepaid & other current?
- Southwest Airlines (LUV) reported prepaid & other current of $554M in Q1 2026.
- How has Southwest Airlines's prepaid & other current changed year-over-year?
- Southwest Airlines's prepaid & other current decreased by 10.4% year-over-year, from $618M to $554M.
- What is the long-term trend for Southwest Airlines's prepaid & other current?
- Over 5 years (2020 to 2025), Southwest Airlines's prepaid & other current has grown at a 10.7% compound annual growth rate (CAGR), from $295M to $490M.
- What does prepaid & other current mean?
- Payments made in advance for services or goods to be received within a year.