Alaska Air posts $147M quarterly loss as high fuel prices take toll

Alaska Air Group reported Q3 non-GAAP EPS of $0.36, beating estimates by $0.08. Revenue was $4.31B, up 14.3% year-over-year but missed expectations by $10M. The company also provided Q4 2026 capacity guidance.

Alaska Air (ALK) reported Q3 EPS of $0.36, missing estimates by $0.06, while revenue matched expectations at $4.31B. The stock is down 25.51% over the past 3 months and 27.94% over the past year, with 15 negative EPS revisions in the last 90 days. According to InvestingPro, the company's financial health is rated as 'fair performance.'

Alaska Air Group (ALK) reported a Q3 2026 net loss of $1.32 per share, with adjusted EPS of $0.36. Revenue rose 14% to $4.3B, driven by international expansion and premium revenue growth. The company expects a full-year adjusted loss of $5.00-$5.50 per share due to high fuel costs. ALK plans to join the oneworld alliance and expand its international network.

Alaska Air Group reported a Q3 GAAP loss of $1.32 per share and adjusted EPS of $0.36. The company expects a FY26 adjusted loss of ($5.50)-($5.00) per share, citing a $1.8B fuel headwind. This update reflects strong revenue growth offset by fuel-related losses and a lowered full-year earnings outlook.

Alaska Air Group reported a Q3 2026 net loss of $147M, despite a 14% revenue increase. The loss was driven by high fuel costs. The company announced plans to join the Atlantic and Pacific Joint International Businesses with oneworld and global partners. It also unveiled new premium guest experiences, expanded loyalty program benefits, and new routes. Alaska Air Group expects elevated fuel costs to continue impacting profitability in Q4 2026.

Alaska Air Group expects a larger fourth-quarter loss of $2 to $2.50 per share due to rising fuel costs, exceeding analysts' estimates of a $1.04 per share loss, despite strong travel demand and higher fares.