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
DateValue
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