earnings
confidence high
sentiment positive
materiality 0.85
Alaska Air beats Q4 with adj EPS $0.43; FY26 guidance $3.50-$6.50
ALASKA AIR GROUP, INC.
2025-FY EPS
reported $0.83
vs consensus $0.12
▲ beat
(+575.3%)
- Q4 2025 adj EPS $0.43 vs prior guidance of ~$0.10; revenue $3.6B; RASM +0.6% YoY.
- FY2025 adj EPS $2.44; operating cash flow $1.2B; repurchased 0.7M shares for $30M in Q4.
- Q1 2026 adj EPS loss guidance ($1.50)-($0.50); FY2026 adj EPS $3.50-$6.50 on capacity +2-3%.
- Achieved single operating certificate for Alaska-Hawaiian; placed largest fleet order (105 737-10, 5 787, options 35).
- Premium revenue +7% YoY; loyalty +12%; cargo +22%; managed corporate travel +9% in Q4.