Alaska Air (ALK) EBIT (2009 - 2026)
Alaska Air's (ALK) quarterly EBIT came in at -$279.0 million in Q1 2026, down 41.62% year-on-year from -$477.9 million in Q1 2025, and down 472.0% on a QoQ basis from $75.0 million in Q4 2025.
Alaska Air (ALK) EBIT (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of EBIT data on file, last reported at -$279.0 million in Q1 2026.
- On a quarterly basis, EBIT fell 41.62% year-over-year to -$279.0 million in Q1 2026; TTM through Mar 2026 was $221.0 million, a 59.0% decrease from a year earlier, with the FY2025 full-year figure at $303.0 million, down 46.84% from the prior year.
- EBIT for Q1 2026 stood at -$279.0 million, down from $75.0 million in the prior quarter.
- Over the last five years, EBIT for ALK reached as high as $341.0 million in Q3 2024 and fell as low as -$279.0 million in Q1 2026.
- Historically, EBIT has averaged $62.2 million across 5 years, with a median of $73.0 million in 2024.
- Across the five-year window, EBIT plunged 75.97% in 2022 and jumped 240.32% in 2023, its largest moves.
- Year by year, EBIT stood at $23.0 million in 2022, then soared by 39.13% to $32.0 million in 2023, then soared by 128.12% to $73.0 million in 2024, then grew by 2.74% to $75.0 million in 2025, then tumbled by 472.0% to -$279.0 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were -$279.0 million in Q1 2026, $75.0 million in Q4 2025, and $148.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 822.52 Mn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | 654.84 Mn |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 1.86 Bn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 285.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | -99.00 Mn |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 209.59 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | -279.00 Mn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 155.83 Mn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | -224.00 Mn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 81.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -279.00 Mn |
| Dec 31, 2025 | 75.00 Mn |
| Sep 30, 2025 | 148.00 Mn |
| Jun 30, 2025 | 277.00 Mn |
| Mar 31, 2025 | -197.00 Mn |
| Dec 31, 2024 | 73.00 Mn |
| Sep 30, 2024 | 341.00 Mn |
| Jun 30, 2024 | 322.00 Mn |
| Mar 31, 2024 | -166.00 Mn |
| Dec 31, 2023 | 32.00 Mn |
| Sep 30, 2023 | 211.00 Mn |
| Jun 30, 2023 | 337.00 Mn |
| Mar 31, 2023 | -186.00 Mn |
| Dec 31, 2022 | 23.00 Mn |
| Sep 30, 2022 | 62.00 Mn |
| Jun 30, 2022 | 187.00 Mn |
| Mar 31, 2022 | -202.00 Mn |
| Dec 31, 2021 | 39.00 Mn |
| Sep 30, 2021 | 258.00 Mn |
| Jun 30, 2021 | 549.00 Mn |