The financials
Alaska Air Group, Inc. by the numbers
Alaska Air Group, Inc. (ALK) reported revenue of $4.07B in Q2 2026 (quarter ended June 30, 2026), up 9.7% from the same quarter a year earlier. That came with net loss of $76M. For the full year FY2025, revenue was $14.2B (+21% year on year) and net income $100M. Its largest product in 2026-Q1 was Passenger Tickets at $2.43B, 70% of the disclosed total, just ahead of Loyalty Plan at 10%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $4.07B | $3.70B | +9.7% |
| Operating income | −$168M | $277M | to a loss |
| Net income | −$76M | $172M | to a loss |
| Diluted EPS | −$0.68 | $1.42 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Passenger Tickets | $2.43B | 70% |
| Loyalty Plan | $347M | 10% |
| Loyalty Plan Other | $227M | 6.6% |
| Cargo And Freight | $153M | 4.4% |
| Passenger Ancillary Services | $147M | 4.3% |
| Other Services | $94M | 2.7% |
| Cargo Services | $59M | 1.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $3.45B (-12%)
Other Services grew +45% year on yearPassenger Tickets +3.1% year on year
Segment Latestquarter on quarteryear on year
- Passenger Tickets$2.43B$2.43BQoQ -16%year on year +3.1%-16%+3.1%
- Loyalty Plan$347.0M$347.0MQoQ -3.1%year on year +9.8%-3.1%+9.8%
- Loyalty Plan Other$227.0M$227.0MQoQ +14%year on year +9.7%+14%+9.7%
- Cargo And Freight$153.0M$153.0MQoQ +7.7%year on year +25%+7.7%+25%
- Passenger Ancillary Services$147.0M$147.0MQoQ -17%year on year +5.0%-17%+5.0%
- Other Services$94.0M$94.0MQoQ +31%year on year +45%+31%+45%
- Cargo Services$59.0M$59.0MQoQ -16%year on year +3.5%-16%+3.5%
- Mileage Plan Services--QoQ -year on year ---
- Mileage Plan Services Other--QoQ -year on year ---