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Alaska Air Group ALK Stock-Based Comp

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Other financials

Income statement

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Revenue$4.1B+9.7%
Operating income-$168.0M-161%
Net income-$76.0M-144%
EPS (diluted)-$0.68-148%

Balance sheet

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Cash & equivalents$1.1B+32.8%
Total debt$6.2B-2.2%
Total equity$3.7B-6.9%
Total assets$21.2B+6.8%

Cash flow

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Operating cash flow$185.0M-50.8%
CapEx-$185.0M-315%
Free cash flow--100%

Valuation

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Market cap$5.66B-9.1%
Enterprise value$10.83B-8.2%
P/S0.4×-0.1×

Profitability

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Operating margin-1.5%-5.2pp
Net margin-1.2%-3.5pp
FCF margin4.2%-4.3pp

Returns & leverage

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Return on equity-4.6%-12.3pp
Debt / equity1.7×+0.1×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Alaska Air Group in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: Alaska Air Group’s 10-Q, filed May 7, 2026.

Filed
May 6, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000766421-26-000021
(in millions)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Net Loss$(193)$(166)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization204194
Stock-based compensation and other2520
Non-cash special items52
Changes in certain assets and liabilities:
Changes in deferred income taxes(124)(65)
Increase in accounts receivable(65)(11)

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Alaska Air Group's stock-based comp?
Alaska Air Group (ALK) reported stock-based comp of $25M in Q1 2026.
How has Alaska Air Group's stock-based comp changed year-over-year?
Alaska Air Group's stock-based comp increased by 25.0% year-over-year, from $20M to $25M.
What is the long-term trend for Alaska Air Group's stock-based comp?
Over 3 years (2021 to 2024), Alaska Air Group's stock-based comp has grown at a 7.3% compound annual growth rate (CAGR), from $51M to $63M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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