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ALK

Alaska Air Group, Inc.

Alaska Air Group (ALK) Q2 2026 earnings

Published Jul 21, 2026

AI summary

  • Revenue $4.07B, up 9.7% from $3.7B a year ago.
  • Adjusted EPS −$0.92, down from $1.78 a year ago.
  • Alaska Air Group reported a second quarter net loss of $76 million as fuel costs surged 85% year-over-year.
  • Total revenue grew 10% to $4.1 billion, driven by strong demand and diversified revenue streams.
  • The company completed its major Hawaiian integration milestone and launched new transatlantic service.

Results vs analyst consensus

Revenue

Reported

$4.07B

Consensus not captured before release

+9.7% YoY

Adjusted EPS

Reported · adjusted net loss

−$0.92

Consensus not captured before release

GAAP EPS: −$0.68

Consensus: Yahoo Finance · Q2 2026
Revenue display rounded; difference uses exact result.

Next quarter outlook

$0.00–$1.00

Q3 2026 EPS guidance (non-GAAP)

Next-quarter consensus not captured before release.

What to watch

  • Historic rainstorms in Hawai'i reduced system unit revenue by approximately 3 points in the quarter.
  • Economic fuel costs increased 85% year-over-year, resulting in $600 million of incremental expense.
Read original report

Source: Alaska Air Group, Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.