Alaska Air (ALK) Operating Expenses (2009 - 2026)

Alaska Air (ALK) has reported Operating Expenses for 18 consecutive years, with $4.2 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 23.52% year-over-year to $4.2 billion in Q2 2026; TTM through Jun 2026 was $15.0 billion, a 15.7% increase from a year earlier, with the FY2025 full-year figure at $13.9 billion, up 24.82% from the prior year.
• Operating Expenses was $4.2 billion for Q2 2026 at Alaska Air, up from $3.6 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $4.2 billion in Q2 2026 and troughed at $1.9 billion in Q1 2022.
• A 5-year average of $2.9 billion and a median of $2.7 billion in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 152.66% in 2022 and decreased 4.99% in 2023, its largest moves.
• Over 5 years, Operating Expenses stood at $2.5 billion in 2022, then advanced by 2.65% to $2.5 billion in 2023, then surged by 37.29% to $3.5 billion in 2024, then gained by 2.77% to $3.6 billion in 2025, then rose by 19.0% to $4.2 billion in 2026.
• The last three Operating Expenses figures came in at $4.2 billion (Q2 2026), $3.6 billion (Q1 2026), and $3.6 billion (Q4 2025), per Business Quant data.