Alaska Air (ALK) EBIT (2009 - 2026)
Alaska Air (ALK) reported EBIT of -$279.0 million for Q1 2026, down 41.62% year-over-year from -$477.9 million in Q1 2025, and down 472.0% quarter-over-quarter 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.
- EBIT for Q1 2026 came in at -$279.0 million, down 41.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $221.0 million (up 51.37% YoY), and the FY2025 annual result was $303.0 million, down 46.84% from the prior year.
- EBIT eased to -$279.0 million in Q1 2026 per ALK's latest filing, from $75.0 million in the prior quarter.
- Over five years, EBIT peaked at $337.0 million in Q2 2023 and troughed at -$279.0 million in Q1 2026.
- A 5-year average of $39.1 million and a median of $62.0 million in 2022 frame the typical range for EBIT.
- The sharpest annual moves came in 2024 and 2025: EBIT tumbled 124.64% in 2024, then jumped 384.62% in 2025.
- A 5-year view of EBIT shows it 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 gained by 2.74% to $75.0 million in 2025, then slumped by 472.0% to -$279.0 million in 2026.
- Business Quant data shows ALK's EBIT at -$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 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -590.64 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 501.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 330.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 209.59 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -279.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 123.69 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -21.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -224.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 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 | -52.00 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 |