Allegiant financial results 2026: revenue, TRASM, CASM ex-fuel & Sun Country

Aviation Intelligence Database · Airline profile

Airline profile

Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.

— metrics in this profile FY2022 → Q2 2026 Updated — Next results —

At a glance

Latest reported period

Metrics

Full-year history

View
RReportedDirect company disclosure CCalculatedDerived from company figures GGroup-levelBroader than the airline entity DCompany-definedNon-standard measure —Missing dataNot stored, not disclosed or not applicable; see each cell

Analysis

What the numbers say

More detail

Additional disclosures

Guidance vs actual

Did the airline deliver?

What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.

Fleet & orders

Fleet composition

Key events

What moved the numbers

Peers

Compare with peers

FAQ

Frequently asked questions

Methodology

How to read this page

Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. Core metrics follow the Airline comparison tool.

  1. Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
  2. Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
  3. YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
  4. Operating margin uses operating profit or EBIT ÷ revenue. EBITDA, EBITDAR and their margins are separate disclosures and are not substitutes for operating profit or margin. Company-defined measures keep their source labels (marked D).
  5. Sources: annual reports, interim results and traffic statements. See Data & Research.

Quick answers

Is Allegiant profitable?

Yes. Allegiant reported an operating profit of $37.2m in FY2025 (year to 31 Dec 2025), a 1.4% margin. In its latest reported period, it reported an operating profit of $21.1m in Q2 2026 (to 30 Jun 2026), a 2.2% margin.

What was Allegiant’s revenue in 2025?

Allegiant reported revenue of $2.607bn in FY2025 (year to 31 Dec 2025). For Q2 2026 (to 30 Jun 2026) it reported revenue of $943.5m.

Company-reported figures from our airline database. Definitions, currencies and reporting periods differ between airlines; see the tables on this page and the comparison tool for detail.

Text version of the Allegiant data on this page

Allegiant data snapshot

  • Scope: Allegiant Travel Company (incl. Sun Country from 13 May 2026)
  • Region: North America
  • Business model: Ultra low cost
  • Financial year end: 31 Dec
  • Reporting currency: USD
  • Source: SEC earnings releases
  • Latest period: Q2 2026
  • Last updated: 2026-09-27

Latest read

Allegiant grew Q2 2026 revenue 36.9% to $943.5 million, helped by the Sun Country acquisition from 13 May and TRASM up 23%, and earned $87.1 million of adjusted operating income, a 9.2% margin. GAAP results were near breakeven after special items. Guidance is for 2026 adjusted EPS above $6.00.

Reported metrics by period

Annual results

  • FY2025 (FY2025 · 31 Dec 2025): Passengers: 18.7m (+10.3% YoY); Revenue: $2.607bn (+3.7% YoY); Operating profit / result: $37.2m op. (GAAP; adjusted $174.9m); Operating margin: 1.4% (GAAP operating income ÷ revenue; adjusted 6.7%) [Calculated]; Net profit: −$44.7m (GAAP; adjusted $70.3m); Load factor: 82.0% (−1.6pt YoY); Capacity / ASK: 21.4bn ASM (+12.6% YoY); RASK / yield: 11.93¢ TRASM (−7.4% YoY); CASK ex-fuel: 8.04¢ CASM ex-fuel (−6.1% YoY); Fuel cost: $2.55/gal (−7.6% YoY); Cash / liquidity: $838.5m (Cash and investments); Net debt / cash / leverage: $1.80bn total debt (−12.9% YoY); Fleet size: 123 (Year end). Source: Allegiant Q4 2025 results.
  • FY2024 (FY2024 · 31 Dec 2024): Passengers: 17.0m (Airline passengers); Revenue: $2.513bn (Total operating revenue); Operating profit / result: −$240.0m op. (GAAP; incl. $322.8m Sunseeker special charges); Operating margin: −9.6% (GAAP operating income ÷ revenue) [Calculated]; Net profit: −$240.2m (GAAP; adjusted $45.7m); Load factor: 83.6% (Airline); Capacity / ASK: 19.0bn ASM (Airline); RASK / yield: 12.88¢ TRASM (Airline); CASK ex-fuel: 8.56¢ CASM ex-fuel (Airline); Fuel cost: $2.76/gal (Airline); Cash / liquidity: $832.8m (Cash and investments); Net debt / cash / leverage: $2.07bn total debt (Year end). Source: Allegiant Q4 2025 results (2024 comparatives).

Quarterly and interim results

  • Q2 2026 (Q2 2026 · 30 Jun 2026): Passengers: 5.8m (+12.2% YoY; includes Sun Country from 13 May); Revenue: $943.5m (+36.9% YoY); Operating profit / result: $21.1m op. (GAAP; adjusted $87.1m (9.2% margin)); Operating margin: 2.2% (GAAP operating income ÷ revenue; adjusted 9.2%) [Calculated]; Net profit: −$4.9m (GAAP; adjusted $51.1m ($2.19 per share)); Load factor: 85.7% (Scheduled service; +3.8pt YoY); Capacity / ASK: 6.4bn ASM (+10.5% YoY); RASK / yield: 14.24¢ TRASM (+23.1% YoY); CASK ex-fuel: 8.19¢ CASM ex-fuel (+6.6% YoY); Total CASK: 13.89¢ CASM (+28.7% YoY); Fuel cost: $4.14/gal (+71.1% YoY); Cash / liquidity: $1.3bn (Liquidity: $1.1bn cash and investments + $250m revolver); Net debt / cash / leverage: $1.7bn net debt (Total debt $2.8bn incl. $546.8m from Sun Country); Fleet size: 171 (Incl. 47 Sun Country 737s); Fleet growth / guidance: Adjusted EPS > $6.00 (FY2026 guidance) [Defined]. Source: Allegiant Q2 2026 results.
  • Q1 2026 (Q1 2026 · 31 Mar 2026): Revenue: $732.4m (H1 2026 less Q2) [Calculated]; Operating profit / result: $81.1m op. (H1 2026 less Q2) [Calculated]; Operating margin: 11.1% (Operating income ÷ revenue) [Calculated]; Net profit: $42.5m (H1 2026 less Q2) [Calculated].
  • Q4 2025 (Q4 2025 · 31 Dec 2025): Passengers: 4.5m (+13.2% YoY); Revenue: $656.2m (+4.5% YoY); Operating profit / result: $66.8m op. (GAAP); Operating margin: 10.2% (GAAP operating income ÷ revenue) [Calculated]; Net profit: $31.9m (GAAP; adjusted $51.9m); Load factor: 81.2% (Scheduled service); Capacity / ASK: 5.2bn ASM (+10.2% YoY); RASK / yield: 12.67¢ TRASM (−2.6% YoY); CASK ex-fuel: 8.01¢ CASM ex-fuel (−3.4% YoY). Source: Allegiant Q4 2025 results.
  • Q3 2025 (Q3 2025 · 30 Sep 2025): Revenue: $561.9m (FY2025 less Q1, Q2 and Q4) [Calculated]; Operating profit / result: −$27.1m op. (FY2025 less Q1, Q2 and Q4) [Calculated]; Operating margin: −4.8% (Operating income ÷ revenue) [Calculated]; Net profit: −$43.5m (FY2025 less Q1, Q2 and Q4) [Calculated].
  • Q2 2025 (Q2 2025 · 30 Jun 2025): Passengers: 5.1m (Quarter); Revenue: $689.4m (Quarter); Operating profit / result: −$67.5m op. (GAAP); Operating margin: −9.8% (GAAP operating income ÷ revenue) [Calculated]; Net profit: −$65.2m (GAAP; adjusted $22.7m); Load factor: 81.9% (Scheduled service); Capacity / ASK: 5.8bn ASM (Quarter); RASK / yield: 11.57¢ TRASM (Quarter); CASK ex-fuel: 7.68¢ CASM ex-fuel (Quarter). Source: Allegiant Q2 2026 results (comparatives).

Sources