American Airlines Q2 revenue hits record $16.7 billion; net income falls to $71 million
American Airlines reported second-quarter 2026 revenue of $16.7 billion, up 16.3% year over year, but GAAP net income fell to $71 million, or $0.11 per diluted share, from $599 million, or $0.91, a year earlier. Fuel expense rose $2.2 billion, or 83%, and the company lowered its outlook for full-year adjusted earnings per share to a range of ($0.65) to $0.65, which includes a possible loss.
Key points
- Q2 2026 total operating revenue was $16.7 billion, up 16.3% from $14.4 billion in Q2 2025.
- GAAP net income was $71 million, or $0.11 per diluted share, versus $599 million, or $0.91, in Q2 2025; adjusted net income was $99 million, or $0.15 per diluted share.
- Q3 2026 adjusted EPS guidance is ($0.70) to ($0.10); full-year 2026 adjusted EPS guidance is ($0.65) to $0.65.
- Operating income was $446 million, down 60.7% from $1,135 million a year earlier.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.