AI brief of an SEC Form 8-K · Alaska Air (ALK)
Alaska Air Group posts Q3 loss of $147 million on revenue up 14% to $4.3 billion
Alaska Air Group reported a third-quarter GAAP net loss of $147 million, or $1.32 per share, compared with net income of $73 million a year earlier, while total operating revenue rose 14% to $4.3 billion. The company now expects a full-year 2026 adjusted loss of $5.00 to $5.50 per share, including $1.8 billion of fuel expense above its plan, which points to continued pressure on shareholder earnings.
Key points
- GAAP net loss of $147 million, or $1.32 per share, versus net income of $73 million in Q3 2025
- Adjusted net loss of $35 million, or $0.31 per share; $0.36 per share excluding a $75 million tax adjustment
- Full-year 2026 adjusted loss per share guidance of ($5.50) to ($5.00), including $1.8 billion of fuel expense above plan
- Q4 2026 adjusted loss per share guidance of ($2.50) to ($2.00), assuming fuel of $4.65 to $4.85 per gallon
The filing
CompanyAlaska Air (ALK)
Form8-K, current report
Filed with the SECOct 20, 2026, 5:09 PM ET
Accession number0000766421-26-000046
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.