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Alaska Air Group ALK Operating Income

Operating Income at other companies

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Delta Air LinesDAL
$501M-12.0%
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$330M+248%
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United Airlines HoldingsUAL
$997M+64.3%
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$123.69M-11.3%
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$61.4M-25.2%
Boeing logo
BoeingBA
$448M-2.8%

Other financials

Income statement

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Revenue$3.3B+5.2%
Net income-$193.0M-16.3%
EPS (diluted)-$1.69-25.2%

Balance sheet

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Cash & equivalents$508.0M-53.8%
Total debt$6.4B+2.4%
Total equity$3.7B-9.8%
Total assets$20.3B+2.4%

Cash flow

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Operating cash flow$421.0M-8.3%
CapEx$30.0M-28.6%
Free cash flow$391.0M-6.2%

Valuation

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Market cap$5.49B-30.2%

Profitability

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Operating margin1.5%-2.7pp
Net margin0.5%-2.3pp
FCF margin6.3%-4.4pp

Returns & leverage

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Return on equity1.9%-7.0pp
Debt / equity1.7×+0.2×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Alaska Air Group in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Alaska Air Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alaska Air Group's operating income?
Alaska Air Group (ALK) reported operating income of -$279M in Q1 2026.
How has Alaska Air Group's operating income changed year-over-year?
Alaska Air Group's operating income decreased by 41.6% year-over-year, from -$197M to -$279M.
What is the long-term trend for Alaska Air Group's operating income?
Over 4 years (2021 to 2025), Alaska Air Group's operating income has grown at a -18.4% compound annual growth rate (CAGR), from $685M to $303M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.