Alaska Air (ALK) Other Working Capital Changes (2011 - 2026)

Alaska Air (ALK) has reported Other Working Capital Changes for 18 consecutive years, with $689.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Other Working Capital Changes rose 699.13% year-over-year to $689.0 million; the TTM figure through Mar 2026 stood at $900.0 million (up 171.08% YoY), while the FY2025 annual figure was $96.0 million, down 68.73% from the prior year.
• Other Working Capital Changes advanced to $689.0 million in Q1 2026 per ALK's latest filing, from $164.0 million in the prior quarter.
• Across five years, Other Working Capital Changes topped out at $158.0 million in Q2 2025 and bottomed at -$39.0 million in Q3 2025.
• Historically, Other Working Capital Changes has averaged $36.6 million across 5 years, with a median of $32.0 million in 2023.
• Annual changes were most pronounced in 2023 — Other Working Capital Changes tumbled 2377.78% — and 2024, when it surged 1058.82%.
• Alaska Air's Other Working Capital Changes stood at -$9.0 million in 2022, then sank by 2377.78% to -$223.0 million in 2023, then jumped by 196.86% to $216.0 million in 2024, then decreased by 24.07% to $164.0 million in 2025, then soared by 320.12% to $689.0 million in 2026.
• Business Quant data shows ALK's Other Working Capital Changes at $689.0 million in Q1 2026, $164.0 million in Q4 2025, and $19.0 million in Q3 2025.