Passenger Ticket Revenue, Net Of Taxes & Fees was Alaska Air’s largest product and service line in fiscal 2025, bringing in $10.76B of $14.24B (76%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Passenger Ticket Revenue, Net Of Taxes & Fees | $7.43B | $8.02B | $8.93B | $10.76B | ||||||
| Passenger Tickets | — | — | — | — | ||||||
| Loyalty Program Passenger Revenue | $931.00M | $1.03B | $1.18B | $1.43B | ||||||
| Loyalty Program Other | — | $648.00M | $733.00M | $855.00M | ||||||
| Mileage Plan Services | — | — | — | — | ||||||
| Passenger Ancillary Revenue | $447.00M | $476.00M | $548.00M | $646.00M | ||||||
| Passenger Ancillary Services | — | — | — | — | ||||||
| Mileage Plan Services, Other | $590.00M | — | — | — | ||||||
| Passenger | $133.00M | $128.00M | $169.00M | $257.00M | ||||||
| Other Services | $115.00M | $124.00M | $179.00M | $292.00M | ||||||
| Capacity Purchase Agreements | — | — | — | — | ||||||
| Total | $9.65B | $10.43B | $11.74B | $14.24B |
Alaska Air brought in $14.24B from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 21.3% from $11.74B in fiscal 2024. Passenger Ticket Revenue, Net Of Taxes & Fees was the largest at $10.76B (75.6%), ahead of Loyalty Program Passenger Revenue at $1.43B (10.0%) and Loyalty Program Other at $855.00M (6.0%). The other three lines brought in $1.20B combined.
Compared with fiscal 2024, Other Services grew fastest, up 63.1% to $292.00M. Every line above 2% of revenue grew.
Alaska Air began breaking out Loyalty Program Other in fiscal 2023, when it brought in $648.00M. Alaska Air stopped reporting Mileage Plan Services, Other as a separate line after fiscal 2022, when it brought in $590.00M.
Alaska Airlines was Alaska Air’s largest segment in fiscal 2025, bringing in $9.09B of $14.24B (64%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alaska Airlines | $8.08B | $8.85B | $9.05B | $9.09B | |||||||||||||
| Air Group Adjusted | — | — | — | — | |||||||||||||
| Alaska Mainline | — | — | — | — | |||||||||||||
| Hawaiian Airlines | — | — | $869.00M | $3.28B | |||||||||||||
| Regional | $1.56B | $1.57B | $1.81B | $1.85B | |||||||||||||
| Alaska Regional | — | — | — | — | |||||||||||||
| Horizon | — | — | — | — | |||||||||||||
| Special Charges | — | — | — | — | |||||||||||||
| Consolidating & Other | — | $8.00M | $10.00M | $13.00M | |||||||||||||
| Corporate & Eliminations | $4.00M | — | — | — | |||||||||||||
| Intersegment Eliminations | — | — | — | — | |||||||||||||
| Intersegment Elimination | — | — | — | — | |||||||||||||
| Total | $9.65B | $10.43B | $11.74B | $14.24B |
Alaska Air brought in $14.24B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 21.3% from $11.74B in fiscal 2024. Alaska Airlines was the largest at $9.09B (63.8%), ahead of Hawaiian Airlines at $3.28B (23.1%) and Regional at $1.85B (13.0%). The remaining segment, Consolidating & Other, brought in $13.00M.
Compared with fiscal 2024, Hawaiian Airlines grew fastest, up 277.8% to $3.28B. Every segment above 2% of revenue grew.
Alaska Air began breaking out Hawaiian Airlines in fiscal 2024, when it brought in $869.00M. Alaska Air stopped reporting Corporate & Eliminations as a separate segment after fiscal 2022, when it brought in $4.00M.
Passenger Revenue was Alaska Air’s largest revenue line in fiscal 2025, bringing in $12.84B of $14.26B (90%).
| Contract with Customer, Sales Channel | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Passenger Revenue | $8.81B | $9.53B | $10.65B | $12.84B | |||||
| Loyalty Plan Revenue | — | $1.03B | $1.18B | $1.43B | |||||
| Mileage Plan Revenue | $590.00M | — | — | — | |||||
| Cargo & Other Revenue | $244.00M | — | — | — | |||||
| Corporate & Eliminations | $4.00M | — | — | — | |||||
| Total | $9.65B | $10.56B | $11.83B | $14.26B |
Alaska Air brought in $14.26B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 20.5% from $11.83B in fiscal 2024. Passenger Revenue was the largest at $12.84B (90.0%), ahead of Loyalty Plan Revenue at $1.43B (10.0%).
Compared with fiscal 2024, Loyalty Plan Revenue grew 20.9% to $1.43B and Passenger Revenue grew 20.5% to $12.84B.
Alaska Air began breaking out Loyalty Plan Revenue in fiscal 2023, when it brought in $1.03B. Alaska Air stopped reporting Mileage Plan Revenue ($590.00M in fiscal 2022), Cargo & Other Revenue ($244.00M in fiscal 2022) and Corporate & Eliminations ($4.00M in fiscal 2022) as separate revenue lines.
Alaska Air (ALK) reports its revenue by product and service, by segment and by contract with customer, sales channel. In fiscal 2025, Passenger Ticket Revenue, Net Of Taxes & Fees was its largest product and service line, bringing in $10.76B (75.6% of the total), followed by Loyalty Program Passenger Revenue at $1.43B (10.0%).
Passenger Ticket Revenue, Net Of Taxes & Fees was Alaska Air's largest product and service line in fiscal 2025, bringing in $10.76B, or 75.6% of the $14.24B total across its six product and service lines.
Alaska Airlines was Alaska Air's largest segment in fiscal 2025, bringing in $9.09B, or 63.8% of the $14.24B total across its four segments.
Passenger Revenue was Alaska Air's largest revenue line in fiscal 2025, bringing in $12.84B, or 90.0% of the $14.26B total across its two revenue lines.
Among Alaska Air's product and service lines that make up at least 2% of revenue, Other Services grew fastest in fiscal 2025, up 63.1% from $179.00M to $292.00M.
Every figure comes from Alaska Air's annual financial filings, as reported. Each line keeps the name Alaska Air gives it, and years follow its fiscal calendar.
Alaska Air's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.