Alaska Air Group Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Alaska Air Group Inc (ALK). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Alaska Airlines | $8.08B 83.8% | $8.85B 85.0% · +9.6% | $9.05B 77.2% · +2.2% | $9.09B 63.9% · +0.4% |
| Hawaiian Airlines | $0 0.0% | $0 0.0% | $869.0M 7.4% | $3.28B 23.1% · +277.8% |
| Regional | $1.56B 16.2% | $1.57B 15.0% · +0.3% | $1.81B 15.4% · +15.3% | $1.85B 13.0% · +2.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Passenger Revenue [Member] | $3.02B 84.7% | $5.50B 89.0% · +82.1% | $8.81B 91.3% · +60.2% | $9.53B 91.4% · +8.2% |
| Mileage Plan Services, Other [Member] | $374.0M 10.5% | $461.0M 7.5% · +23.3% | $590.0M 6.1% · +28.0% | $648.0M 6.2% · +9.8% |
| Cargo and Freight [Member] | $173.0M 4.9% | $216.0M 3.5% · +24.9% | $248.0M 2.6% · +14.8% | $252.0M 2.4% · +1.6% |
| Capacity Purchase Agreements [Member] | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.