Filing Flows › Allegiant Travel (ALGT) › Q1 2026
Allegiant Travel (ALGT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Allegiant Travel (ALGT) reported revenue of $732M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +12% from the quarter before. Operating margin was 11.1%, net earnings $42.5M (5.8% of revenue).
Allegiant Travel, Q1 2026: revenue $732M (+5% year over year), operating margin 11.1%, net earnings $42.5M, operating cash flow $268M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $732M | +12% | +5% |
| Operating profit | $81.1M | +21% | +25% |
| Net earnings | $42.5M | +33% | +32% |
| Operating cash flow | $268M | +139% | +40% |
| Free cash flow | $92.1M | +66% | -15% |
What changed
Revenue was $732.4M in Q1 2026, up 5% year over year and up 12% from the previous quarter.
Operating profit was $81.1M, a 11.1% margin (up 1.8 points year over year). Of the extra revenue versus Q1 2025, 48% reached operating profit, above the 9% margin then. Total costs grew 3% against revenue growth of 5%. The fastest-growing cost line was Sales & marketing (+12%). Net earnings were $42.5M, up 32% year over year. The effective tax rate was 35.7%.
Operating cash flow was $268.1M (up 40% year over year), 631% of net earnings. Non-cash charges added back $57.9M of depreciation and amortization. Working capital and other items added $167.7M. Capital expenditures of $175.9M left free cash flow of $92.1M.
Questions
What was Allegiant Travel's revenue in the first quarter 2026?
Allegiant Travel (ALGT) reported revenue of $732M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +12% from the quarter before.
Was Allegiant Travel profitable in the first quarter 2026?
Operating profit was $81.1M (11.1% of revenue) and net earnings $42.5M.
Source: Allegiant Travel 10-Q on SEC EDGAR.