Alaska Air Group, Inc. (ALK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.3B | 3.63B | 3.77B | 3.7B | 3.14B | 3.53B | 3.07B | 2.9B | 2.23B | 2.55B | 2.84B | 2.84B | 2.2B | 2.48B | 2.83B | 2.66B | 1.68B | 1.9B | 1.95B | 1.53B |
| Revenue Growth % | 5.2% | 2.77% | 22.59% | 27.86% | 40.55% | 38.43% | 8.21% | 2.08% | 1.64% | 2.99% | 0.39% | 6.77% | 30.64% | 30.54% | 44.8% | 74.07% | 110.92% | 135.02% | 178.6% | 262.71% |
| Cost of Goods Sold | 0 | 208M | 151M | 2.76B | 2.63B | 2.76B | 2.19B | 1.99B | 1.93B | 2.07B | 2.09B | 1.9B | 1.92B | 1.91B | 1.95B | 1.88B | 1.55B | 1.49B | 1.39B | 1.26B |
| COGS % of Revenue | - | 5.73% | 4.01% | 74.46% | 83.74% | 78.18% | 71.42% | 68.73% | 86.25% | 81.12% | 73.55% | 66.88% | 87.2% | 77.13% | 68.81% | 70.58% | 92.5% | 78.36% | 71.22% | 82.84% |
| Gross Profit | 3.3B | 3.42B | 3.62B | 946M | 510M | 771M | 878M | 906M | 307M | 482M | 751M | 940M | 281M | 567M | 882M | 782M | 126M | 411M | 562M | 262M |
| Gross Margin % | 100% | 94.27% | 95.99% | 25.54% | 16.26% | 21.82% | 28.58% | 31.27% | 13.75% | 18.88% | 26.45% | 33.12% | 12.8% | 22.87% | 31.19% | 29.42% | 7.5% | 21.64% | 28.78% | 17.16% |
| Gross Profit Growth % | 547.06% | 344.1% | 311.73% | 4.42% | 66.12% | 59.96% | 16.91% | -3.62% | 9.25% | -14.99% | -14.85% | 20.2% | 123.02% | 37.96% | 56.94% | 198.47% | 142.57% | 292.96% | 297.89% | 168.95% |
| Operating Expenses | 3.58B | 3.35B | 3.47B | 669M | 707M | 698M | 537M | 584M | 473M | 450M | 540M | 603M | 467M | 544M | 820M | 595M | 328M | 372M | 304M | -287M |
| OpEx % of Revenue | 108.45% | 92.21% | 92.06% | 18.06% | 22.54% | 19.75% | 17.48% | 20.16% | 21.19% | 17.63% | 19.02% | 21.25% | 21.27% | 21.94% | 29% | 22.39% | 19.51% | 19.59% | 15.57% | -18.8% |
| Selling, General & Admin | 99M | 95M | 107M | 105M | 100M | 106M | 82M | 84M | 77M | 72M | 84M | 81M | 66M | 77M | 82M | 78M | 58M | 50M | 49M | 41M |
| SG&A % of Revenue | 3% | 2.62% | 2.84% | 2.83% | 3.19% | 3% | 2.67% | 2.9% | 3.45% | 2.82% | 2.96% | 2.85% | 3.01% | 3.11% | 2.9% | 2.93% | 3.45% | 2.63% | 2.51% | 2.69% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K |
| Operating Income | -279M | 75M | 148M | 277M | -197M | 73M | 341M | 322M | -166M | 32M | 211M | 337M | -186M | 23M | 62M | 187M | -202M | 39M | 258M | 549M |
| Operating Margin % | -8.45% | 2.07% | 3.93% | 7.48% | -6.28% | 2.07% | 11.1% | 11.11% | -7.44% | 1.25% | 7.43% | 11.87% | -8.47% | 0.93% | 2.19% | 7.04% | -12.02% | 2.05% | 13.21% | 35.95% |
| Operating Income Growth % | -41.62% | 2.74% | -56.6% | -13.98% | -18.67% | 128.13% | 61.61% | -4.45% | 10.75% | 39.13% | 240.32% | 80.21% | 7.92% | -41.03% | -75.97% | -65.94% | -25.47% | 106.55% | 145.18% | 290.63% |
| EBITDA | -75M | 274M | 351M | 476M | -3M | 216M | 480M | 450M | -40M | 128M | 324M | 450M | -82M | 128M | 166M | 291M | -100M | 139M | 357M | 647M |
| EBITDA Margin % | -2.27% | 7.54% | 9.32% | 12.85% | -0.1% | 6.11% | 15.63% | 15.53% | -1.79% | 5.01% | 11.41% | 15.86% | -3.73% | 5.16% | 5.87% | 10.95% | -5.95% | 7.32% | 18.28% | 42.37% |
| EBITDA Growth % | -2400% | 26.85% | -26.88% | 5.78% | 92.5% | 68.75% | 48.15% | 0% | 51.22% | 0% | 95.18% | 54.64% | 18% | -7.91% | -53.5% | -55.02% | -56.25% | 128.08% | 176.61% | 457.46% |
| D&A (Non-Cash Add-back) | 204M | 199M | 203M | 199M | 194M | 143M | 139M | 128M | 126M | 96M | 113M | 113M | 104M | 105M | 104M | 104M | 102M | 100M | 99M | 98M |
| EBIT | -298M | 102M | 173M | 334M | -110M | 160M | 411M | 464M | -145M | 64M | 332M | 520M | -107M | 135M | 480M | 387M | -220M | 64M | 257M | -20M |
| Net Interest Income | -57M | -47M | -39M | -35M | -28M | -14M | -9M | -6M | -12M | -13M | -4M | 1M | -4M | 0 | -11M | -12M | -18M | -19M | -21M | -30M |
| Interest Income | 19M | 23M | 23M | 22M | 26M | 32M | 28M | 24M | 17M | 18M | 23M | 22M | 17M | 18M | 17M | 11M | 7M | 6M | 6M | 6M |
| Interest Expense | 76M | 70M | 62M | 57M | 54M | 46M | 37M | 30M | 29M | 31M | 27M | 21M | 21M | 18M | 28M | 23M | 25M | 25M | 27M | 36M |
| Other Income/Expense | -38M | -45M | -37M | -39M | -36M | 6M | -13M | -6M | -12M | -28M | -18M | -12M | -13M | 12M | 3M | -2M | -4M | -10M | -13M | -21M |
| Pretax Income | -317M | 30M | 111M | 238M | -233M | 79M | 328M | 316M | -178M | 4M | 193M | 325M | -199M | 35M | 65M | 185M | -206M | 29M | 245M | 528M |
| Pretax Margin % | -9.61% | 0.83% | 2.95% | 6.43% | -7.43% | 2.24% | 10.68% | 10.91% | -7.97% | 0.16% | 6.8% | 11.45% | -9.06% | 1.41% | 2.3% | 6.96% | -12.25% | 1.53% | 12.54% | 34.58% |
| Income Tax | -124M | 9M | 38M | 66M | -67M | 8M | 92M | 96M | -46M | 6M | 54M | 85M | -57M | 13M | 25M | 46M | -63M | 11M | 51M | 131M |
| Effective Tax Rate % | 39.12% | 30% | 34.23% | 27.73% | 28.76% | 10.13% | 28.05% | 30.38% | 25.84% | 150% | 27.98% | 26.15% | 28.64% | 37.14% | 38.46% | 24.86% | 30.58% | 37.93% | 20.82% | 24.81% |
| Net Income | -193M | 21M | 73M | 172M | -166M | 71M | 236M | 220M | -132M | -2M | 139M | 240M | -142M | 22M | 40M | 139M | -143M | 18M | 194M | 397M |
| Net Margin % | -5.85% | 0.58% | 1.94% | 4.64% | -5.29% | 2.01% | 7.68% | 7.59% | -5.91% | -0.08% | 4.9% | 8.46% | -6.47% | 0.89% | 1.41% | 5.23% | -8.51% | 0.95% | 9.93% | 26% |
| Net Income Growth % | -16.27% | -70.42% | -69.07% | -21.82% | -25.76% | 3650% | 69.78% | -8.33% | 7.04% | -109.09% | 247.5% | 72.66% | 0.7% | 22.22% | -79.38% | -64.99% | -9.16% | 104.03% | 145.01% | 285.51% |
| Net Income (Continuing) | -193M | 21M | 73M | 172M | -166M | 71M | 236M | 220M | -132M | -2M | 139M | 240M | -142M | 22M | 40M | 139M | -143M | 18M | 194M | 397M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.69 | 0.18 | 0.62 | 1.42 | -1.35 | 0.55 | 1.84 | 1.71 | -1.05 | -0.02 | 1.08 | 1.86 | -1.11 | 0.17 | 0.31 | 1.09 | -1.14 | 0.14 | 1.53 | 3.13 |
| EPS Growth % | -25.19% | -67.27% | -66.3% | -16.96% | -28.57% | 3603.18% | 70.37% | -8.06% | 5.41% | -109.24% | 248.39% | 70.64% | 2.63% | 21.43% | -79.74% | -65.18% | -8.57% | 104.03% | 143.84% | 279.89% |
| EPS (Basic) | -1.69 | 0.18 | 0.63 | 1.45 | -1.35 | 0.56 | 1.87 | 1.74 | -1.05 | -0.02 | 1.09 | 1.88 | -1.11 | 0.17 | 0.32 | 1.10 | -1.14 | 0.14 | 1.55 | 3.18 |
| Diluted Shares Outstanding | 114.29M | 117.36M | 121.19M | 123.18M | 123.13M | 128.93M | 128.59M | 128.31M | 125.97M | 127.38M | 129.19M | 128.92M | 127.5M | 128.47M | 128.37M | 127.8M | 125.98M | 127.28M | 127.19M | 126.83M |
| Basic Shares Outstanding | 114.29M | 115.53M | 119.06M | 120.98M | 123.13M | 126.14M | 126.19M | 126.34M | 125.97M | 127.38M | 127.19M | 127.44M | 127.5M | 127.3M | 126.78M | 126.54M | 125.44M | 125.71M | 125.25M | 124.98M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |