Alaska Air Group, Inc. (ALK)

Alaska Air Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	14,239	11,735	10,426	9,646	6,176
Revenue Growth (YoY)	21.34%	12.55%	8.09%	56.18%	73.19%
Cost of Revenue	11,426	9,034	8,106	7,569	5,342
Gross Profit	2,813	2,701	2,320	2,077	834
Selling, General & Admin	407	349	303	295	-741
Depreciation & Amortization Expenses	795	583	451	415	394
Other Operating Expenses	1,308	1,199	1,172	1,297	496
Total Operating Expenses	2,510	2,131	1,926	2,007	149
Operating Income	303	570	394	70	685
Interest Income	131	130	107	67	36
Interest Expense	-272	-171	-121	-108	-128
Other Non-Operating Income (Expense)	-16	16	-57	50	36
Total Non-Operating Income (Expense)	-157	-25	-71	9	-56
Pretax Income	146	545	323	79	629
Provision for Income Taxes	46	150	88	21	151
Net Income	100	395	235	58	478
Net Income to Common	100	395	235	58	478
Net Income Growth	-74.68%	68.08%	305.17%	-87.87%	-
Shares Outstanding (Basic)	118	126	127	127	125
Shares Outstanding (Diluted)	120	128	129	128	127
Shares Change (YoY)	-6.58%	-0.26%	0.63%	0.89%	2.69%
EPS (Basic)	0.85	3.13	1.84	0.46	3.82
EPS (Diluted)	0.83	3.08	1.83	0.45	3.77
EPS Growth	-73.05%	68.31%	306.67%	-88.06%	-
Shares Outstanding	115.53	123.12	126.09	127.53	125.91
Free Cash Flow	-339	183	-444	-253	446
Free Cash Flow Per Share	-2.83	1.43	-3.45	-1.98	3.52
Gross Margin	19.76%	23.02%	22.25%	21.53%	13.50%
Operating Margin	2.13%	4.86%	3.78%	0.73%	11.09%
Profit Margin	0.70%	3.37%	2.25%	0.60%	7.74%
FCF Margin	-2.38%	1.56%	-4.26%	-2.62%	7.22%
EBITDA	1,098	1,153	845	485	1,079
EBITDA Margin	7.71%	9.83%	8.10%	5.03%	17.47%
EBIT	303	570	394	70	685
EBIT Margin	2.13%	4.86%	3.78%	0.73%	11.09%
Effective Tax Rate	31.51%	27.52%	27.24%	26.58%	24.01%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q