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.

• Quarterly Operating Expenses rose 7.35% year-over-year to $3.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.2 billion (up 17.19% YoY) and the FY2025 annual result came in at $13.9 billion, up 24.82% from the prior year.
• Operating Expenses rose to $3.6 billion in Q1 2026 per ALK's latest filing, from $3.6 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $3.6 billion in Q3 2025 and bottomed at $1.9 billion in Q1 2022.
• The 5-year median for Operating Expenses is $2.6 billion (2023), against an average of $2.8 billion.
• The widest annual swing landed in 2022, when Operating Expenses surged 152.66%; it then retreated 4.99% in 2023.
• Tracing ALK's Operating Expenses over 5 years: stood at $2.5 billion in 2022, then gained by 2.65% to $2.5 billion in 2023, then jumped by 37.29% to $3.5 billion in 2024, then rose by 2.77% to $3.6 billion in 2025, then rose by 0.62% to $3.6 billion in 2026.
• Per Business Quant, the three latest ALK Operating Expenses figures stand at $3.6 billion (Q1 2026), $3.6 billion (Q4 2025), and $3.6 billion (Q3 2025).

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