Filing Flows › Alaska Air Group (ALK) › Q3 2026 › vs Q3 2025
Alaska Air Group (ALK) Q3 2026 vs Q3 2025 (year over year)
Alaska Air Group's revenue rose $542M (+14%) from $3.8B in Q3 2025 to $4.3B in Q3 2026.
Alaska Air Group, Q3 2026: revenue $4.3B (+14% year over year), operating margin 1.9%, net loss $147M, operating cash flow $149M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.9% | 3.7% | -1.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.3B | $3.8B | $542M | +14% |
| Net loss | $147M | −$73.0M | $220M | — |
| Costs & expenses | $4.5B | $3.8B | $689M | +18% |
| Operating costs | $4.2B | $3.6B | $608M | +17% |
| Interest & other, net | $64.0M | $37.0M | $27.0M | +73% |
| Income tax | $165M | $38.0M | $127M | +334% |
| Sales & marketing | $118M | $107M | $11.0M | +10% |
| Other operating costs | $4.1B | $3.5B | $597M | +17% |
| Operating cash sources | $296M | $156M | $140M | +90% |
| Depreciation & amortization | $216M | $203M | $13.0M | +6% |
| Share-based compensation | $22.0M | $0 | $22.0M | — |
| Working capital & other | $58.0M | −$47.0M | $105M | — |
| Net loss absorbed | $147M | −$73.0M | $220M | — |
| Operating cash flow | $149M | $229M | −$80.0M | -35% |
| Free cash flow (OCF − capex) | $82.0M | $138M | −$56.0M | -41% |
| Capital expenditures | $67.0M | $91.0M | −$24.0M | -26% |
Questions
How much did Alaska Air Group's revenue grow year over year in Q3 2026?
Alaska Air Group's revenue rose $542M (+14%) from $3.8B in Q3 2025 to $4.3B in Q3 2026.