| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 3.8K | 1.7% | 22.6% |
| Total Income | 3.8K | 1.7% | 22.6% |
| Expenditure | 3.6K | 5.6% | 32.5% |
| PBT | 111.00 | 53.4% | 66.2% |
| Net Profit | 73.00 | 57.6% | 69.1% |
| OPM | 3.93% | 3.55pp | 7.17pp |
| NPM | 1.94% | 2.71pp | 5.74pp |
| EPS | 0.63 | 56.5% | 66.3% |
Alaska Air Group Reports Q3 2025 Results: Revenue $3.8 Billion
04 May 2026 · 4 May, 8:51 am
Summary
Alaska Air Group reported third quarter revenue of $3.8 billion, a 1.4% year-over-year increase in RASM. GAAP net income per share was $0.62, and adjusted earnings per share was $1.05. The company saw growth in corporate travel, premium revenue, and cargo revenue. Looking ahead, the company anticipates fourth quarter unit revenue to increase low single digits year-over-year and expects full year adjusted earnings per share of at least $2.40.
Key Highlights
- 1
Alaska Air Group reported third quarter record revenue of $3.8 billion, resulting in a 1.4% year-over-year RASM increase.
- 2
The company's GAAP net income per share was $0.62 for the third quarter of 2025.
- 3
Adjusted earnings per share for Q3 2025 was $1.05.
- 4
Corporate travel grew 8% year-over-year compared to low single-digit declines in the prior quarter.
- 5
Premium revenue increased 5% year-over-year, while cargo revenue increased 27% year-over-year.
- 6
The company held $2.3 billion in unrestricted cash and marketable securities as of September 30, 2025.
- 7
Air Group expects full year adjusted earnings per share of at least $2.40.
Management Comments
Ben Minicucci
Alaska's profitable quarter was powered by another period of industry-leading unit revenue. I’m proud of our people for taking care of our guests, executing major integration milestones and capturing synergies ahead of plan as we bring together Alaska and Hawaiian Airlines. Together we are delivering on our Alaska Accelerate vision, building our future as a global airline positioned to compete with greater scale, deeper relevance and stronger loyalty in the places we fly.”
Informational and educational content only. Not investment advice.