American Airlines Group Inc. (AAL) income statement
NASDAQ · Industrials · Airlines, Airports & Air Services · 141,100 employees · CEO Robert D. Isom Jr.
- Price
- $12.60 -1.41%
- Market cap
- $8.35B
- Enterprise value
- $43.5B
- Last report
- Q3 '26 filed 2026-10-22
- Next report
- 2027-01-26 EPS est. -$0.73
American Airlines Group Inc. (AAL) reported revenue of $16.3B for Q3 '26 (+19.3% year on year), operating income of $115M (0.7% of revenue) and net income of -$269M. Over the last four quarters revenue was $61B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.1B | $12.6B | $14.3B | $13.6B | $13.7B | $12.6B | $14.4B | $13.7B | $14B | $13.9B | $16.7B | $16.3B | |
| Cost of revenue | $10.4B | $10.5B | $10.9B | $10.9B | $10.5B | $10.7B | $11B | $11.3B | $11.2B | $10.3B | $13.3B | $13.2B | |
| Gross profit | $2.63B | $2.02B | $3.48B | $2.78B | $3.19B | $1.88B | $3.42B | $2.38B | $2.8B | $3.62B | $3.47B | $3.14B | |
| Sales & marketing | $442M | $408M | $456M | $468M | $481M | $450M | $535M | $483M | $530M | $507M | $603M | $553M | |
| Other operating expenses | $1.53B | $1.61B | $1.64B | $2.22B | $1.57B | $1.7B | $1.75B | $1.74B | $1.82B | $3.15B | $2.42B | $2.47B | |
| Operating expenses | $1.97B | $2.01B | $2.1B | $2.69B | $2.05B | $2.15B | $2.28B | $2.22B | $2.35B | $3.66B | $3.02B | $3.03B | |
| Operating income | $656M | $7M | $1.38B | $89M | $1.13B | -$270M | $1.14B | $151M | $452M | -$41M | $446M | $115M | |
| Interest income | $135M | $118M | $128M | $117M | $105M | $94M | $100M | $90M | $72M | $55M | $74M | $87M | |
| Interest expense | $519M | $497M | $486M | $480M | $470M | $428M | $433M | $432M | $422M | -$397M | $409M | $435M | |
| Other non-operating income (gains on investments, FX ...) | $105M | -$77M | -$130M | -$135M | -$55M | -$50M | -$136M | -$139M | -$112M | -$93M | -$25M | $14M | |
| Total non-operating income | -$624M | -$420M | -$356M | -$345M | -$339M | -$378M | -$297M | -$293M | -$310M | -$435M | -$339M | -$449M | |
| Income before tax | $32M | -$413M | $1.03B | -$256M | $795M | -$648M | $838M | -$142M | $142M | -$476M | $107M | -$334M | |
| Income tax | $13M | -$101M | $311M | -$107M | $205M | -$175M | $239M | -$28M | $43M | -$94M | $36M | -$65M | |
| Net income | $19M | -$312M | $717M | -$149M | $590M | -$473M | $599M | -$114M | $99M | -$382M | $71M | -$269M | |
| EPS (basic) | $0.03 | -$0.48 | $1.09 | -$0.23 | $0.90 | -$0.72 | $0.91 | -$0.17 | $0.15 | -$0.58 | $0.11 | -$0.41 | |
| EPS (diluted) | $0.03 | -$0.48 | $1.01 | -$0.23 | $0.82 | -$0.72 | $0.91 | -$0.17 | $0.15 | -$0.58 | $0.11 | -$0.41 | |
| Shares (basic, weighted) | 655M | 656M | 657M | 657M | 657M | 659M | 660M | 660M | 660M | 661M | 662M | 663M | |
| Shares (diluted, weighted) | 657M | 656M | 720M | 657M | 721M | 659M | 660M | 660M | 662M | 661M | 663M | 663M | |
| Depreciation & amortization | $559M | $470M | $474M | $479M | $583M | $468M | $476M | $474M | $557M | $475M | $478M | $493M | |
| EBITDA | $1.11B | $554M | $1.99B | $703M | $1.77B | $248M | $1.75B | $764M | $1.12B | $527M | $949M | $594M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.1B | $42.6B | $44.5B | $45.8B | $17.3B | $29.9B | $49B | $52.8B | $54.2B | $54.6B | |
| Cost of revenue | $28.4B | $31.3B | $34.5B | $34.6B | $24.6B | $29.9B | $39.9B | $41B | $42.7B | $44.2B | |
| Gross profit | $11.7B | $11.3B | $10.1B | $11.1B | -$7.23B | $27M | $9.04B | $11.8B | $11.5B | $10.5B | |
| Sales & marketing | $1.32B | $1.48B | $1.52B | $2B | $666M | $1.1B | $1.82B | $1.8B | $1.81B | $2B | |
| Other operating expenses | $5.34B | $5.62B | $5.88B | $6.06B | $2.53B | -$12M | $5.62B | $6.98B | $7.04B | $7.01B | |
| Operating expenses | $6.67B | $7.1B | $7.4B | $8.07B | $3.2B | $1.09B | $7.43B | $8.78B | $8.85B | $9B | |
| Operating income | $5.06B | $4.23B | $2.66B | $3.07B | -$10.4B | -$1.06B | $1.61B | $3.03B | $2.61B | $1.47B | |
| Interest income | $63M | $94M | $118M | $127M | $41M | $18M | $216M | $591M | $468M | $357M | |
| Interest expense | $991M | $1.05B | $1.06B | $1.1B | $1.23B | $1.8B | $1.96B | $2.15B | $1.93B | $1.72B | |
| Other non-operating income (gains on investments, FX ...) | -$83M | -$217M | -$284M | -$286M | -$195M | -$311M | -$541M | -$232M | -$474M | -$439M | |
| Total non-operating income | -$908M | -$836M | -$772M | -$809M | -$1.03B | -$1.49B | -$1.42B | -$1.91B | -$1.46B | -$1.28B | |
| Income before tax | $4.15B | $3.4B | $1.88B | $2.26B | -$11.5B | -$2.55B | $186M | $1.12B | $1.15B | $190M | |
| Income tax | $1.57B | $2.11B | $472M | $570M | -$2.57B | -$555M | $59M | $299M | $308M | $79M | |
| Net income | $2.58B | $1.28B | $1.41B | $1.69B | -$8.89B | -$1.99B | $127M | $822M | $846M | $111M | |
| EPS (basic) | $4.85 | $3.92 | $3.04 | $3.80 | -$18.36 | -$3.09 | $0.20 | $1.26 | $1.29 | $0.17 | |
| EPS (diluted) | $4.81 | $3.90 | $3.03 | $3.80 | -$18.36 | -$3.09 | $0.19 | $1.14 | $1.24 | $0.17 | |
| Shares (basic, weighted) | 552M | 489M | 464M | 443M | 484M | 644M | 650M | 654M | 657M | 660M | |
| Shares (diluted, weighted) | 556M | 492M | 466M | 444M | 484M | 644M | 655M | 720M | 721M | 662M | |
| Depreciation & amortization | $1.83B | $2.02B | $2.16B | $2.32B | $2.37B | $2.34B | $2.3B | $2.25B | $2.25B | $2.22B | |
| EBITDA | $6.97B | $6.47B | $5.1B | $5.67B | -$7.86B | $1.59B | $4.45B | $5.52B | $5.33B | $4.13B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02