Filing Flows › Alaska Air Group (ALK) › Q2 2026 › vs Q1 2026
Alaska Air Group (ALK) Q2 2026 vs Q1 2026 (quarter over quarter)
Alaska Air Group's revenue rose $765M (+23%) from $3.3B in Q1 2026 to $4.1B in Q2 2026.
Alaska Air Group, Q2 2026: revenue $4.1B (+10% year over year), operating margin -4.1%, net loss $76.0M, operating cash flow $185M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.6% | 11.8% | -9.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.1B | $3.3B | $765M | +23% |
| Income tax benefit | $138M | $124M | $14.0M | +11% |
| Net loss | $76.0M | $193M | −$117M | -61% |
| Costs & expenses | $4.3B | $3.6B | $662M | +18% |
| Operating costs | $4.2B | $3.6B | $654M | +18% |
| Interest & other, net | $46.0M | $38.0M | $8.0M | +21% |
| Sales & marketing | $115M | $99.0M | $16.0M | +16% |
| Other operating costs | $4.1B | $3.5B | $638M | +18% |
| Operating cash sources | $261M | $614M | −$353M | -57% |
| Depreciation & amortization | $207M | $204M | $3.0M | +1% |
| Share-based compensation | $17.0M | $25.0M | −$8.0M | -32% |
| Working capital & other | $37.0M | $385M | −$348M | -90% |
| Net loss absorbed | $76.0M | $193M | −$117M | -61% |
| Operating cash flow | $185M | $421M | −$236M | -56% |
| Free cash flow (OCF − capex) | $107M | $391M | −$284M | -73% |
| Capital expenditures | $78.0M | $30.0M | $48.0M | +160% |
Questions
How much did Alaska Air Group's revenue grow quarter over quarter in Q2 2026?
Alaska Air Group's revenue rose $765M (+23%) from $3.3B in Q1 2026 to $4.1B in Q2 2026.