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

Alaska Air (ALK) has 18 years of Operating Expenses data on file, last reported at $3.6 billion in Q1 2026.

• Operating Expenses for Q1 2026 came in at $3.6 billion, up 7.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.2 billion (up 17.19% YoY), and the FY2025 annual result was $13.9 billion, up 24.82% from the prior year.
• Operating Expenses improved to $3.6 billion in Q1 2026 per ALK's latest filing, from $3.6 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $3.6 billion in Q3 2025 and troughed at $1.9 billion in Q1 2022.
• A 5-year average of $2.8 billion and a median of $2.6 billion in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 152.66% in 2022, then slipped 4.99% in 2023.
• A 5-year view of Operating Expenses shows it stood at $2.5 billion in 2022, then climbed by 2.65% to $2.5 billion in 2023, then soared by 37.29% to $3.5 billion in 2024, then advanced by 2.77% to $3.6 billion in 2025, then advanced by 0.62% to $3.6 billion in 2026.
• Business Quant data shows ALK's Operating Expenses at $3.6 billion in Q1 2026, $3.6 billion in Q4 2025, and $3.6 billion in Q3 2025.