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.
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
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.
From Alaska Air Group's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$14.24B
+21.3%
$0.83
-73.1%
0.7%
FY2024
$11.73B
+12.6%
$3.08
+68.3%
3.4%
FY2023
$10.43B
+8.1%
$1.83
+306.7%
2.3%
FY2022
$9.65B
+56.2%
$0.45
-88.1%
0.6%
FY2021
$6.18B
+73.2%
$3.77
—
7.7%
Frequently asked questions
When is Alaska Air's next earnings date?
Alaska Air has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Alaska Air earn last quarter?
For the quarter ended Sep 2026, Alaska Air reported diluted EPS of $-1.32 (-312.9% year over year) on revenue of $4.31B (+14.4%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.