Alaska Air Group Q2 FY26 earnings

Revenue $4.07B, up 9.7% on a year earlier. Revenue per available seat mile (RASM) $0, up 10.5%. Diluted EPS -$0.68 against $1.42.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$4.07B$3.30B$3.70B+9.7%
Operating income-$168.00M-$279.00M$277.00M-160.6%
Net income-$76.00M-$193.00M$172.00M-144.2%
Diluted EPS-$0.68-$1.69$1.42
Operating cash flow$185.00M$421.00M$376.00M-50.8%

KPIs this quarter

Q2 FY26Q2 FY25Year over year
Passenger load factor82.3%83.9%
Revenue per available seat mile (RASM)$0$0+10.5%
Passenger revenue per ASM (PRASM)$0$0+7.6%

Sources

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Stock Atlas, “Alaska Air Group (ALK) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/ALK/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.