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.

• On a quarterly basis, Operating Expenses rose 7.35% year-over-year to $3.6 billion in Q1 2026; TTM through Mar 2026 was $14.2 billion, a 17.19% increase from a year earlier, with the FY2025 full-year figure at $13.9 billion, up 24.82% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.6 billion, up from $3.6 billion in the prior quarter.
• Over the last five years, Operating Expenses for ALK reached as high as $3.6 billion in Q3 2025 and fell as low as $1.9 billion in Q1 2022.
• Historically, Operating Expenses has averaged $2.8 billion across 5 years, with a median of $2.6 billion in 2023.
• Across the five-year window, Operating Expenses surged 152.66% in 2022 and retreated 4.99% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $2.5 billion in 2022, then rose by 2.65% to $2.5 billion in 2023, then soared by 37.29% to $3.5 billion in 2024, then increased by 2.77% to $3.6 billion in 2025, then increased by 0.62% to $3.6 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $3.6 billion in Q1 2026, $3.6 billion in Q4 2025, and $3.6 billion in Q3 2025.