Alaska Air ALK
NYSE ALK
$40.54 +0.54 (+1.35%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Alaska Air's (ALK) quarterly Cost of Revenue came in at $302.0 million in Q2 2026, up 22.27% year-over-year from $247.0 million in Q2 2025, and little changed quarter-over-quarter from $303.0 million in Q1 2026.

Analysis

Alaska Air (ALK) Cost of Revenue (2009 - 2026) Analysis & Trends

Alaska Air (ALK) has reported Cost of Revenue for 18 consecutive years, with $302.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 22.27% year-over-year to $302.0 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 18.95% 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 was $302.0 million for Q2 2026 at Alaska Air, roughly flat from $303.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $303.0 million in Q1 2026 and troughed at $152.0 million in Q1 2022.
  • A 5-year average of $220.2 million and a median of $203.5 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 64.29% in 2022 and declined 10.63% in 2023, its largest moves.
  • Over 5 years, Cost of Revenue stood at $181.0 million in 2022, then rose by 2.21% to $185.0 million in 2023, then jumped by 41.08% to $261.0 million in 2024, then increased by 12.64% to $294.0 million in 2025, then increased by 2.72% to $302.0 million in 2026.
  • The last three Cost of Revenue figures came in at $302.0 million (Q2 2026), $303.0 million (Q1 2026), and $294.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Delta Air Lines 52.35 Bn 47.68 Bn 19.07 Bn 688.00 Mn
2 Ryanair Holdings 27.93 Bn 24.00 Bn - -
3 Southwest Airlines 20.05 Bn 16.26 Bn 7.33 Bn 1.10 Bn
4 Copa Holdings 5.42 Bn 4.16 Bn 1.03 Bn 30.59 Mn
5 Alaska Air 4.52 Bn 1.86 Bn 3.76 Bn 302.00 Mn
6 Skywest 3.74 Bn 3.14 Bn 1.01 Bn 91.51 Mn
7 Grupo Aeromexico, S.A.B. de C.V 2.25 Bn 1.21 Bn - -
8 Allegiant Travel 2.14 Bn 1.08 Bn 902.77 Mn 40.72 Mn
9 Jetblue Airways 1.65 Bn -372.51 Mn 2.32 Bn 379.00 Mn
10 Frontier Group Holdings 1.34 Bn 384.76 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 302.00 Mn
Mar 31, 2026 303.00 Mn
Dec 31, 2025 294.00 Mn
Sep 30, 2025 256.00 Mn
Jun 30, 2025 247.00 Mn
Mar 31, 2025 261.00 Mn
Dec 31, 2024 261.00 Mn
Sep 30, 2024 202.00 Mn
Jun 30, 2024 186.00 Mn
Mar 31, 2024 205.00 Mn
Dec 31, 2023 185.00 Mn
Sep 30, 2023 185.00 Mn
Jun 30, 2023 182.00 Mn
Mar 31, 2023 177.00 Mn
Dec 31, 2022 181.00 Mn
Sep 30, 2022 207.00 Mn
Jun 30, 2022 177.00 Mn
Mar 31, 2022 152.00 Mn
Dec 31, 2021 159.00 Mn
Sep 30, 2021 126.00 Mn