Alaska Air (ALK) Cost of Revenue (2009 - 2026)
Alaska Air (ALK) reported Cost of Revenue of $99.0 million for Q1 2026, down 62.07% year-over-year from $261.0 million in Q1 2025, and down 95.32% quarter-over-quarter from $2.1 billion in Q4 2025.
Alaska Air (ALK) Cost of Revenue (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of Cost of Revenue data on file, last reported at $99.0 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $99.0 million, down 62.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (down 0.66% YoY), and the FY2025 annual result was $2.9 billion, up 14.88% from the prior year.
- Cost of Revenue retreated to $99.0 million in Q1 2026 per ALK's latest filing, from $2.1 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.1 billion in Q4 2025 and troughed at -$1.2 billion in Q4 2023.
- A 5-year average of $342.3 million and a median of $177.0 million in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 563.25% in 2022, then plunged 341.08% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $499.0 million in 2022, then tumbled by 341.08% to -$1.2 billion in 2023, then soared by 259.02% to $1.9 billion in 2024, then grew by 10.56% to $2.1 billion in 2025, then plunged by 95.32% to $99.0 million in 2026.
- Business Quant data shows ALK's Cost of Revenue at $99.0 million in Q1 2026, $2.1 billion in Q4 2025, and $107.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 1.39 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 666.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 315.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 1.04 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 249.18 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 99.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 89.07 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 366.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 19.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.00 Mn |
| Mar 31, 2026 | 99.00 Mn |
| Dec 31, 2025 | 2.12 Bn |
| Dec 31, 2025 | 2.12 Bn |
| Sep 30, 2025 | 107.00 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Jun 30, 2025 | 105.00 Mn |
| Jun 30, 2025 | 105.00 Mn |
| Mar 31, 2025 | 261.00 Mn |
| Mar 31, 2025 | 261.00 Mn |
| Dec 31, 2024 | 1.91 Bn |
| Dec 31, 2024 | 1.91 Bn |
| Sep 30, 2024 | 82.00 Mn |
| Sep 30, 2024 | 82.00 Mn |
| Jun 30, 2024 | 186.00 Mn |
| Jun 30, 2024 | 186.00 Mn |
| Mar 31, 2024 | 77.00 Mn |
| Mar 31, 2024 | 77.00 Mn |
| Dec 31, 2023 | -1.20 Bn |
| Dec 31, 2023 | -1.20 Bn |