Alaska Air (ALK) Operating Income (2009 - 2026)
Alaska Air (ALK) reported Operating Income of -$168 million for Q2 2026, compared with $277 million a year earlier.
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Analysis
Alaska Air (ALK) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alaska Air's Operating Income came in at -$224 million; for FY2025, it came in at $303 million, down 46.8% from FY2024.
- By year, Operating Income came in at $570 million in FY2024 (+44.7%), $394 million in FY2023 (+462.9%), $70 million in FY2022 (-89.8%) and $685 million in FY2021.
- Five-year quarterly Operating Income spans a low of -$279 million in Q1 2026 and a high of $341 million in Q3 2024.
- Year over year, Operating Income gained in three of the last five quarters, with growth averaging 24.4%.
- The high point for year-over-year Operating Income in five years was Q3 2023 (growth of 240.3%); the low point was Q3 2022 (a decline of 76.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$279 million (Q1 2026), $75 million (Q4 2025) and $148 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 2.76 Bn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 1.51 Bn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 930.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 1.06 Bn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 1.12 Bn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 1.55 Bn |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 1.45 Bn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 465.30 Mn |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 1.10 Bn |
| 10 | Alaska Air | 3.78 Bn | -4.04 Bn | - | -168.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Alaska Air Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=ALK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "ALK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();