Alaska Air (ALK) Cost of Revenue (2009 - 2026)
Alaska Air's (ALK) quarterly Cost of Revenue came in at $99.0 million in Q1 2026, down 1.0% year-on-year from $100.0 million in Q1 2025, and down 86.73% on a QoQ basis from $746.0 million 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.
- On a quarterly basis, Cost of Revenue fell 1.0% year-over-year to $99.0 million in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 114.31% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 23.89% from the prior year.
- Cost of Revenue for Q1 2026 stood at $99.0 million, down from $746.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for ALK reached as high as $746.0 million in Q4 2025 and fell as low as -$241.0 million in Q4 2022.
- Historically, Cost of Revenue has averaged $155.6 million across 5 years, with a median of $100.0 million in 2025.
- Across the five-year window, Cost of Revenue plunged 133.98% in 2022 and soared 262.5% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at -$241.0 million in 2022, then surged by 129.88% to $72.0 million in 2023, then surged by 262.5% to $261.0 million in 2024, then jumped by 185.82% to $746.0 million in 2025, then slumped by 86.73% to $99.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $99.0 million in Q1 2026, $746.0 million in Q4 2025, and $256.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 82.17 Mn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 688.00 Mn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 1.10 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | - |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 249.18 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | 99.00 Mn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 91.51 Mn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | 366.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 915.81 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 | 746.00 Mn |
| Dec 31, 2025 | 746.00 Mn |
| Sep 30, 2025 | 256.00 Mn |
| Sep 30, 2025 | 256.00 Mn |
| Jun 30, 2025 | 247.00 Mn |
| Jun 30, 2025 | 247.00 Mn |
| Mar 31, 2025 | 100.00 Mn |
| Mar 31, 2025 | 100.00 Mn |
| Dec 31, 2024 | 261.00 Mn |
| Dec 31, 2024 | 261.00 Mn |
| 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 | 72.00 Mn |
| Dec 31, 2023 | 72.00 Mn |