The financials
Alaska Air Group, Inc. by the numbers
Alaska Air Group, Inc. (ALK) reported revenue of $4.07B in Q2 2026 (quarter ended Jun 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 Q2 2026 was Passenger Tickets at $3.08B, 76% of the disclosed total, well ahead of Loyalty Plan at 9.5%.
| 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 | $3.08B | 76% |
| Loyalty Plan | $388M | 9.5% |
| Loyalty Plan Other | $258M | 6.3% |
| Passenger Ancillary Services | $177M | 4.4% |
| Other Services | $86M | 2.1% |
| Cargo Services | $77M | 1.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $4.07B (+23%)
Loyalty Plan Other grew +23% year on yearLoyalty Plan +7.5% year on year
Segment Latestquarter on quarteryear on year
- Passenger Tickets$3.08B$3.08BQoQ +27%year on year +8.7%+27%+8.7%
- Loyalty Plan$388.0M$388.0MQoQ +12%year on year +7.5%+12%+7.5%
- Loyalty Plan Other$258.0M$258.0MQoQ +14%year on year +23%+14%+23%
- Passenger Ancillary Services$177.0M$177.0MQoQ +20%year on year +9.3%+20%+9.3%
- Other Services$86.0M$86.0MQoQ -8.5%year on year +19%-8.5%+19%
- Cargo Services$77.0M$77.0MQoQ +31%year on year +15%+31%+15%