Alaska Air ALK
NYSE ALK
$40.35 -0.39 (-0.95%)
As of: Sep 9, 2026 · 3:59 PM EDT

Alaska Air (ALK) EBITDA (2009 - 2026)

Alaska Air's (ALK) quarterly EBITDA came in at -$168.0 million in Q2 2026, down 160.65% year-over-year from $277.0 million in Q2 2025, and up 39.78% quarter-over-quarter from -$279.0 million in Q1 2026.

Analysis

Alaska Air (ALK) EBITDA (2009 - 2026) Analysis & Trends

Alaska Air (ALK) has reported EBITDA for 18 consecutive years, with -$168.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA fell 160.65% year-over-year to -$168.0 million in Q2 2026; TTM through Jun 2026 was -$224.0 million, a 145.34% decrease from a year earlier, with the FY2025 full-year figure at $303.0 million, down 46.84% from the prior year.
  • EBITDA was -$168.0 million for Q2 2026 at Alaska Air, up from -$279.0 million in the prior quarter.
  • Over five years, EBITDA peaked at $341.0 million in Q3 2024 and troughed at -$279.0 million in Q1 2026.
  • A 5-year average of $49.4 million and a median of $67.5 million in 2022 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA surged 240.32% in 2023 and tumbled 160.65% in 2026, its largest moves.
  • Over 5 years, EBITDA stood at $23.0 million in 2022, then surged by 39.13% to $32.0 million in 2023, then surged by 128.12% to $73.0 million in 2024, then rose by 2.74% to $75.0 million in 2025, then tumbled by 324.0% to -$168.0 million in 2026.
  • The last three EBITDA figures came in at -$168.0 million (Q2 2026), -$279.0 million (Q1 2026), and $75.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Delta Air Lines 51.66 Bn 46.99 Bn 19.07 Bn 1.86 Bn
2 Ryanair Holdings 28.60 Bn 24.67 Bn - 1.15 Bn
3 Southwest Airlines 18.92 Bn 15.13 Bn 7.33 Bn 285.00 Mn
4 Copa Holdings 5.36 Bn 4.10 Bn 1.03 Bn 91.66 Mn
5 Alaska Air 4.49 Bn 1.83 Bn 3.76 Bn -168.00 Mn
6 Skywest 3.79 Bn 3.19 Bn 1.01 Bn 155.83 Mn
7 Grupo Aeromexico, S.A.B. de C.V 2.29 Bn 1.25 Bn - 264.00 Mn
8 Allegiant Travel 1.75 Bn 699.04 Mn 902.77 Mn 21.11 Mn
9 Jetblue Airways 1.64 Bn -375.44 Mn 2.32 Bn -141.00 Mn
10 Frontier Group Holdings 1.30 Bn 347.83 Mn - -97.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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