Filing Flows › Alaska Air Group (ALK) › Q2 2026 › vs Q2 2025
Alaska Air Group (ALK) Q2 2026 vs Q2 2025 (year over year)
Alaska Air Group's revenue rose $361M (+10%) from $3.7B in Q2 2025 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.6% | 7.8% | -5.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.1B | $3.7B | $361M | +10% |
| Income tax benefit | $138M | −$66.0M | $204M | — |
| Net loss | $76.0M | −$172M | $248M | — |
| Costs & expenses | $4.3B | $3.7B | $575M | +16% |
| Operating costs | $4.2B | $3.4B | $806M | +24% |
| Interest & other, net | $46.0M | $39.0M | $7.0M | +18% |
| Sales & marketing | $115M | $105M | $10.0M | +10% |
| Other operating costs | $4.1B | $3.3B | $796M | +24% |
| Operating cash sources | $261M | $204M | $57.0M | +28% |
| Depreciation & amortization | $207M | $199M | $8.0M | +4% |
| Share-based compensation | $17.0M | $0 | $17.0M | — |
| Working capital & other | $37.0M | $5.0M | $32.0M | +640% |
| Net loss absorbed | $76.0M | −$172M | $248M | — |
| Operating cash flow | $185M | $376M | −$191M | -51% |
| Free cash flow (OCF − capex) | $107M | $290M | −$183M | -63% |
| Capital expenditures | $78.0M | $86.0M | −$8.0M | -9% |
Questions
How much did Alaska Air Group's revenue grow year over year in Q2 2026?
Alaska Air Group's revenue rose $361M (+10%) from $3.7B in Q2 2025 to $4.1B in Q2 2026.