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
DateValue
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