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Alaska Air (ALK)
NYSE:ALK
US Market
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Alaska Air (ALK) Revenue by Segment

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Revenue by Segment

Breaks down revenue by different business areas, showcasing which segments are driving growth and profitability.
Passenger remains Alaska’s primary revenue engine after a post‑pandemic rebound, but the faster proportional growth in Loyalty and Cargo signals real diversification: management’s co‑brand deal, rising Atmos membership, and cargo contract changes are already boosting non‑ticket revenue and should support margins over time. That mix shift reduces exposure to ticket volatility, yet near‑term fuel spikes, rising unit costs and localized demand hits (Hawaii/Puerto Vallarta) mean revenue gains haven’t translated to profits—watch the fuel curve, Q2 EPS cadence and timing of co‑brand cash flows before betting on margin recovery.
Date
Passenger
Loyalty Program and Other
Cargo and Other
Jun 30, 2026
$3.64B$258.00M$163.00M
Mar 31, 2026
$2.92B$227.00M$153.00M
Dec 31, 2025
$3.25B$238.00M$146.00M
Sep 30, 2025
$3.42B$200.00M$142.00M
Jun 30, 2025
$3.35B$210.00M$139.00M
Mar 31, 2025
$2.81B$207.00M$122.00M
Dec 31, 2024
$3.18B$224.00M$132.00M
Sep 30, 2024
$2.82B$171.00M$80.00M
Jun 30, 2024
$2.65B$174.00M$72.00M
Mar 31, 2024
$2.00B$164.00M$64.00M