Allegiant Travel Company filed an 8-K on November 4, 2026, reporting its third-quarter 2026 financial results, including consolidated total operating revenue of $961.6 million and an adjusted diluted loss per share of $(0.03) for the three months ended September 30, 2026.

Key Highlights

  • GAAP diluted loss per share: $(0.56) for Q3 2026, compared to $(2.41) in Q3 2025.
  • Adjusted diluted loss per share: $(0.03) for Q3 2026, compared to $(2.09) in Q3 2025.
  • Total operating revenue: $961.6 million for Q3 2026, up 71.1 percent from $561.9 million in Q3 2025.
  • Adjusted EBITDA: $110.9 million, yielding an adjusted EBITDA margin of 11.5 percent, described as a 1.6 percentage point improvement over the prior year on a pro forma basis.
  • Total available liquidity: $1.1 billion at September 30, 2026, including $864.7 million in cash and investments and $250.0 million in undrawn revolving credit facilities.
  • Pilot retention bonus: $267.0 million payment made during Q3 2026, contributing to $211.0 million of cash used in operations for the quarter.
  • Boeing 737-8 options exercised: Six aircraft purchase options exercised in October for 2028 delivery, bringing total firm orders under the Boeing purchase agreement to 56, with 74 options remaining.

Allegiant Travel Reports Q3 2026 Results Following Sun Country Acquisition

Allegiant Travel Company (NASDAQ:ALGT) disclosed its third-quarter 2026 results on November 4, 2026. According to the filing, consolidated total operating revenue reached $961.6 million for the three months ended September 30, 2026, up from $561.9 million in the same period of 2025. The company reported a GAAP net loss of $15.2 million and an adjusted net loss of $0.9 million for the quarter. The filing notes that comparability to prior-year figures is significantly affected by the acquisition of Sun Country Airlines, which closed on May 13, 2026, and by the sale of Sunseeker Resort in September 2025.

The filing reports a record third-quarter total revenue per available seat mile (TRASM) of 14.18 cents, described as up 28.3 percent year over year on a pro forma basis and on 5.7 percent less capacity, also on a pro forma basis. Adjusted operating income came to $29.8 million, yielding an adjusted operating margin of 3.1 percent, which the company characterized as a 3.4 percentage point improvement year over year on a pro forma basis. The filing also notes a 55.5 percent increase in pro forma fuel cost per gallon during the period. Allegiant Air co-brand credit card remuneration received in Q3 2026 totaled $42.1 million, up 23.6 percent year over year, excluding Sun Country.

For the nine months ended September 30, 2026, the filing reports total operating revenue of $2,637.5 million, adjusted net income of $119.8 million, and adjusted diluted earnings per share of $5.16. Consolidated total debt at September 30, 2026 was $2.9 billion, with net debt of $2.1 billion. The company stated full-year 2026 adjusted earnings per share guidance of greater than $6.00. The filing notes that forward-looking statements, including guidance, are the company's own and subject to its cautionary language. An Investor Day is noted for December 7.

What Was Disclosed

Allegiant Travel filed an 8-K disclosing Q3 2026 earnings results, including GAAP and adjusted income statement figures, liquidity and debt positions as of September 30, 2026, capital expenditure details, and full-year adjusted EPS guidance of greater than $6.00.