ALGT

MKT CAP:$1B

Allegiant Travel Company

Market Cap

$1B

Industrials·Airlines, Airports & Air Services·🇺🇸 United States·NASDAQ

Industrials·Airlines,·🇺🇸·NASDAQ

Stock Price

$79.58-$8.43 (-9.58%)

Apr 24, 2026

Company Details

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights betwee...

CEO

Gregory Clark Anderson

IPO Date

Dec 8, 2006

Website

www.allegiantair.com

Key Metrics TTM

Revenue

$2.6B

+3.7% YoY

Net Income

-$45M

EPS (Diluted)

-$2.57

Free Cash Flow

$75M

Revenue / Share

$143.31

Gross Margin

29.5%

Operating Margin

2.1%

Net Margin

-1.7%

FCF Margin

2.9%

P/S

0.6x

P/E

—

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 26, 2026

$2.6B+3.7%EPS -$2.48

Q4 2025

Feb 26, 2026

$656M+4.5%EPS $1.73

Q3 2025

Nov 6, 2025

$562M-0.0%EPS -$2.41

Q2 2025

Aug 6, 2025

$689M+3.5%EPS -$3.62

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$497M	$94M	$33M
Q1 22	$500M	$56M	$7M
Q2 22	$630M	$80M	$26M
Q3 22	$560M	$60M	-$31M
Q1 23	$650M	$151M	$95M
Q2 23	$684M	$184M	$133M
Q3 23	$565M	$73M	-$18M
Q4 23	$611M	$91M	$11M
Q1 24	$656M	$106M	$15M
Q2 24	$666M	$115M	$35M
Q3 24	$562M	$48M	-$26M
Q4 24	$628M	$116M	-$264M
Q1 25	$699M	$433M	$65M
Q2 25	$689M	$118M	-$67M
Q3 25	$562M	$92M	-$27M
Q4 25	$656M	$126M	$85M

Valuation

Quarter	P/S	P/E
Q4 21	1.0x	51.9x
Q1 22	0.8x	29.7x
Q2 22	0.7x	31.3x
Q3 22	0.7x	—
Q1 23	0.6x	235.5x
Q2 23	0.6x	14.2x
Q3 23	0.6x	19.9x
Q4 23	0.6x	12.4x
Q1 24	0.6x	24.0x
Q2 24	0.6x	—
Q3 24	0.6x	—
Q4 24	0.6x	—
Q1 25	0.6x	—
Q2 25	0.6x	—
Q3 25	0.6x	—
Q4 25	0.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$165M	$76M
Q1 22	$176M	$104M
Q2 22	$52M	-$82M
Q3 22	-$6M	-$106M
Q1 23	$215M	$86M
Q2 23	$131M	-$22M
Q3 23	$23M	-$101M
Q4 23	$54M	-$67M
Q1 24	$168M	$36M
Q2 24	$69M	$7M
Q3 24	$17M	-$29M
Q4 24	$84M	$24M
Q1 25	$191M	$117M
Q2 25	$92M	-$11M
Q3 25	-$6M	-$122M
Q4 25	$112M	$90M

Capital Expenditures

Quarter	CapEx
Q4 21	$89M
Q1 22	$72M
Q2 22	$133M
Q3 22	$100M
Q1 23	$130M
Q2 23	$153M
Q3 23	$124M
Q4 23	$121M
Q1 24	$132M
Q2 24	$62M
Q3 24	$46M
Q4 24	$60M
Q1 25	$74M
Q2 25	$103M
Q3 25	$116M
Q4 25	$22M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+147.2%	+98.0%
Q1 22	+102.8%	+82.4%
Q2 22	+125.7%	+137.2%
Q3 22	+22.0%	+50.4%
Q1 23	+30.8%	+19.7%
Q2 23	+36.7%	+11.7%
Q3 23	-10.2%	-3.4%
Q4 23	+9.0%	+1.5%
Q1 24	+1.0%	+15.5%
Q2 24	-2.6%	+14.7%
Q3 24	-0.6%	+0.9%
Q4 24	+2.7%	+48.5%
Q1 25	+6.5%	-1.1%
Q2 25	+3.5%	+19.9%
Q3 25	-0.0%	+0.1%
Q4 25	+4.5%	-35.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$11M	1.7%

OpEx Breakdown

Quarter	S&M
Q4 21	$21M
Q1 22	$22M
Q2 22	$27M
Q3 22	$26M
Q1 23	$27M
Q2 23	$30M
Q3 23	$28M
Q4 23	$29M
Q1 24	$30M
Q2 24	$27M
Q3 24	$25M
Q4 24	$23M
Q1 25	$25M
Q2 25	$27M
Q3 25	$23M
Q4 25	$24M

Revenue Segments

Quarter	Allegiant Air	Sunseeker Resorts
Q1 24	$633M	$24M
Q1 25	$668M	$31M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$403M	$809M	$1.2B
Q2 22	$418M	$813M	$1.2B
Q3 22	$241M	$761M	$1.0B
Q4 22	$230M	$725M	$955M
Q1 23	$318M	$691M	$1.0B
Q2 23	$169M	$825M	$994M
Q3 23	$284M	$651M	$935M
Q4 23	$160M	$671M	$831M
Q1 24	$193M	$616M	$810M
Q2 24	$232M	$576M	$808M
Q3 24	$266M	$493M	$759M
Q4 24	$302M	$495M	$798M
Q1 25	$284M	$595M	$879M
Q2 25	$210M	$633M	$843M
Q3 25	$316M	$640M	$957M
Q4 25	$173M	$633M	$806M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	18M	+0.4%	+11.4%
Q1 22	18M	+0.7%	+11.5%
Q2 22	18M	+0.3%	+11.4%
Q3 22	18M	+0.0%	+1.4%
Q1 23	18M	-1.4%	-0.4%
Q2 23	18M	-0.5%	-1.5%
Q3 23	18M	+0.2%	-1.6%
Q4 23	18M	+1.1%	-0.5%
Q1 24	18M	-1.4%	-0.6%
Q2 24	18M	+1.2%	+1.1%
Q3 24	18M	+0.2%	+1.1%
Q4 24	18M	+0.6%	+0.6%
Q1 25	18M	+0.0%	+2.0%
Q2 25	18M	-0.1%	+0.7%
Q3 25	18M	+0.3%	+0.8%
Q4 25	18M	+0.8%	+1.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$111.5K	4K
Q1 22	$112.2K	4K
Q2 22	$141.3K	4K
Q3 22	$125.7K	4K
Q1 23	$122.2K	5K
Q2 23	$128.7K	5K
Q3 23	$106.4K	5K
Q4 23	$108.3K	6K
Q1 24	$116.3K	6K
Q2 24	$118.1K	6K
Q3 24	$99.6K	6K
Q4 24	$98.1K	6K
Q1 25	$109.2K	6K
Q2 25	$107.7K	6K
Q3 25	$87.8K	6K
Q4 25	$109.4K	6K

Revenue / Employee