Alaska Air Group financials
$39.93+0.58%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.07B | $3.30B | $3.63B | $3.77B | $3.70B | $3.14B | $3.53B | $3.07B | $2.90B | $2.23B | $2.55B | $2.84B |
| Gross profit | $3.96B | $3.21B | $3.53B | $3.67B | $3.61B | $3.05B | $3.44B | $3.00B | $2.83B | $2.17B | $2.49B | $2.78B |
| Gross margin | 97.4% | 97.1% | 97.2% | 97.3% | 97.4% | 97.3% | 97.4% | 97.8% | 97.7% | 97.4% | 97.5% | 97.8% |
| Operating income | -$168.0M | -$279.0M | $75.0M | $148.0M | $277.0M | -$197.0M | $73.0M | $341.0M | $322.0M | -$166.0M | $32.0M | $211.0M |
| Net income | -$76.0M | -$193.0M | $21.0M | $73.0M | $172.0M | -$166.0M | $71.0M | $236.0M | $220.0M | -$132.0M | -$2.0M | $139.0M |
| Net margin | −1.9% | −5.8% | 0.6% | 1.9% | 4.6% | −5.3% | 2.0% | 7.7% | 7.6% | −5.9% | −0.1% | 4.9% |
| Diluted EPS | $-0.68 | $-1.69 | $0.18 | $0.62 | $1.42 | $-1.35 | $0.54 | $1.84 | $1.71 | $-1.05 | $-0.02 | $1.08 |
| EBITDA | $39.0M | -$75.0M | $313.0M | $415.0M | $476.0M | -$3.0M | $354.0M | $554.0M | $596.0M | -$6.0M | $69.0M | $480.0M |
| Operating cash flow | $185.0M | $421.0M | $185.0M | $229.0M | $376.0M | $459.0M | $274.0M | $318.0M | $580.0M | $292.0M | -$53.0M | $325.0M |
| Free cash flow | $0.00 | $83.0M | -$440.0M | -$516.0M | -$127.0M | $221.0M | -$155.0M | -$327.0M | $430.0M | $235.0M | -$556.0M | -$32.0M |
| Diluted shares | 111.1M | 114.3M | 118.1M | 117.5M | 120.9M | 123.1M | 130.6M | 128.6M | 128.3M | 126.0M | 129.2M | 129.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.06B | $451.0M | $627.0M | $778.0M | $750.0M | $1.04B |
| Short-term investments | $1.60B | $1.32B | $1.50B | $1.49B | $1.37B | $1.42B |
| Total debt | $6.24B | $5.32B | $5.55B | $5.06B | $5.00B | $4.86B |
| Total assets | $21.25B | $20.30B | $20.36B | $20.01B | $19.89B | $19.82B |
| Total liabilities | $17.58B | $16.57B | $16.24B | $15.98B | $15.94B | $15.68B |
| Shareholders' equity | $3.67B | $3.73B | $4.12B | $4.03B | $3.94B | $4.14B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology