Alaska Air (ALK) EBIT (2009 - 2026)
Alaska Air (ALK) posted quarterly 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 reported EBIT for 18 consecutive years, with -$279.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT fell 41.62% year-over-year to -$279.0 million; the TTM figure through Mar 2026 stood at $221.0 million (down 59.0% YoY), while the FY2025 annual figure was $303.0 million, down 46.84% from the prior year.
- EBIT retreated to -$279.0 million in Q1 2026 per ALK's latest filing, from $75.0 million in the prior quarter.
- Across five years, EBIT topped out at $341.0 million in Q3 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — EBIT slumped 75.97% — and 2023, when it soared 240.32%.
- Alaska Air's EBIT stood at $23.0 million in 2022, then jumped by 39.13% to $32.0 million in 2023, then jumped by 128.12% to $73.0 million in 2024, then advanced by 2.74% to $75.0 million in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 1.86 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 668.82 Mn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 285.00 Mn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 91.66 Mn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -168.00 Mn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 155.83 Mn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -141.00 Mn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 21.11 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -97.00 Mn |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 58.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -168.00 Mn |
| 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 |