Filing Flows › Alaska Air Group (ALK) › Operating margin
Alaska Air Group (ALK) operating margin by quarter
Alaska Air Group's operating margin was 2.1% in Q4 2025 (fourth quarter 2025), -1.9 pts from Q3 2025. Over the last 3 quarters it ranged from 2.1% (Q4 2025) to 7.5% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q4 2025 | 2.1% | -1.9 pts | — |
| Q3 2025 | 3.9% | -3.5 pts | — |
| Q2 2025 | 7.5% | — | — |
Q4 2025 at a glance
Alaska Air Group, Q4 2025: revenue $3.6B (+3% year over year), operating margin 2.1%, net earnings $21.0M, operating cash flow $185M. The chart follows the revenue to costs, profit and cash.
Questions
What is Alaska Air Group's operating margin?
Alaska Air Group's operating margin was 2.1% in Q4 2025 (fourth quarter 2025), -1.9 pts from Q3 2025.
How has Alaska Air Group's operating margin changed?
Over the last 3 quarters it ranged from 2.1% (Q4 2025) to 7.5% (Q2 2025).