Filing Flows › Allegiant Travel (ALGT) › Q4 2025
Allegiant Travel (ALGT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Allegiant Travel (ALGT) reported revenue of $656M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +17% from the quarter before. Operating margin was 10.2%, net earnings $31.9M (4.9% of revenue).
Allegiant Travel, Q4 2025: revenue $656M (+4% year over year), operating margin 10.2%, net earnings $31.9M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $656M | +17% | +5% |
| Operating profit | $66.8M | — | — |
| Net earnings | $31.9M | — | — |
| Operating cash flow | $112M | — | +33% |
| Free cash flow | $55.5M | — | +131% |
What changed
Revenue was $656.2M in Q4 2025, up 5% year over year and up 17% from the previous quarter. Air-related revenue was the largest line at 47% of revenue.
Operating profit was $66.8M, a 10.2% margin (up 52.2 points year over year). Total costs fell 34% while revenue rose 5%. Net earnings were $31.9M. The effective tax rate was 27.2%.
Operating cash flow was $112.2M (up 33% year over year), 351% of net earnings. Non-cash charges added back $58.4M of depreciation and amortization. Working capital and other items added $21.8M. Capital expenditures of $56.7M left free cash flow of $55.5M.
Questions
What was Allegiant Travel's revenue in the fourth quarter 2025?
Allegiant Travel (ALGT) reported revenue of $656M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +17% from the quarter before.
Was Allegiant Travel profitable in the fourth quarter 2025?
Operating profit was $66.8M (10.2% of revenue) and net earnings $31.9M.
Source: Allegiant Travel 10-K on SEC EDGAR.