Filing Flows › American Airlines Group (AAL) › Q3 2026 › vs Q3 2025
American Airlines Group (AAL) Q3 2026 vs Q3 2025 (year over year)
American Airlines Group's revenue rose $2.6B (+19%) from $13.7B in Q3 2025 to $16.3B in Q3 2026. The biggest changes: Passenger +$2.5B (+20%); Loyalty revenue - marketing services +$152M (+18%); Cargo +$62.0M (+29%).
American Airlines Group, Q3 2026: revenue $16.3B (+19% year over year), operating margin 0.7%, net loss $269M, operating cash flow −$153M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Passenger travel | $13.8B | $11.4B | $2.4B | +21% |
| Other | $1.2B | $1.0B | $153M | +15% |
| Passenger | $14.9B | $12.4B | $2.5B | +20% |
| Loyalty revenue - marketing services | $983M | $831M | $152M | +18% |
| Cargo | $274M | $212M | $62.0M | +29% |
| Other revenue | $178M | $177M | $1.0M | +0.6% |
| Revenue | $16.3B | $13.7B | $2.6B | +19% |
| Income tax benefit | $65.0M | $28.0M | $37.0M | +132% |
| Net loss | $269M | $114M | $155M | +136% |
| Costs & expenses | $16.7B | $13.8B | $2.8B | +21% |
| Operating costs | $16.2B | $13.5B | $2.7B | +20% |
| Interest & other, net | $449M | $293M | $156M | +53% |
| Sales & marketing | $553M | $483M | $70.0M | +14% |
| Other operating costs | $15.7B | $13.1B | $2.6B | +20% |
| Operating cash sources | $646M | $520M | $126M | +24% |
| Depreciation & amortization | $493M | $474M | $19.0M | +4% |
| Cash used in operations | $153M | $46.0M | $107M | +233% |
| Net loss absorbed | $269M | $114M | $155M | +136% |
| Working capital & other | $377M | $406M | −$29.0M | -7% |
Questions
How much did American Airlines Group's revenue grow year over year in Q3 2026?
American Airlines Group's revenue rose $2.6B (+19%) from $13.7B in Q3 2025 to $16.3B in Q3 2026.
What drove American Airlines Group's revenue change in Q3 2026?
Passenger +$2.5B (+20%); Loyalty revenue - marketing services +$152M (+18%); Cargo +$62.0M (+29%).