Alaska Air (ALK) Cost of Revenue (2009 - 2026)

Alaska Air (ALK) has 18 years of Cost of Revenue data on file, last reported at $99.0 million in Q1 2026.

• Quarterly Cost of Revenue fell 62.07% year-over-year to $99.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (down 0.66% YoY) and the FY2025 annual result came in at $2.9 billion, up 14.88% from the prior year.
• Cost of Revenue slipped to $99.0 million in Q1 2026 per ALK's latest filing, from $2.1 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.1 billion in Q4 2025 and bottomed at -$1.2 billion in Q4 2023.
• The 5-year median for Cost of Revenue is $177.0 million (2023), against an average of $342.3 million.
• The widest annual swing landed in 2022, when Cost of Revenue soared 563.25%; it then slumped 341.08% in 2023.
• Tracing ALK's Cost of Revenue over 5 years: stood at $499.0 million in 2022, then sank by 341.08% to -$1.2 billion in 2023, then jumped by 259.02% to $1.9 billion in 2024, then advanced by 10.56% to $2.1 billion in 2025, then slumped by 95.32% to $99.0 million in 2026.
• Per Business Quant, the three latest ALK Cost of Revenue figures stand at $99.0 million (Q1 2026), $2.1 billion (Q4 2025), and $107.0 million (Q3 2025).

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