Allegiant Travel Company Reports Fourth Quarter 2025 Net Profit of $31.9 Million or $1.73 per Diluted Share
- Joe Breitfeller
- 4 days ago
- 3 min read
Allegiant Travel Company has reported a fourth quarter 2025 net profit of $31.9 million or $1.73 per diluted share on a year-over year increase in revenue of 4.5 percent to $627.7 million. The company ended the period with $1.1 billion in total liquidity.
On Wednesday (February 4, 2026), Allegiant Travel Company reported their fourth quarter and full-year financial results for the period ending December 31, 2025. The carrier reported a fourth quarter 2025 net profit of $31.9 million or $1.73 per diluted share on a year-over year increase in revenue of 4.5 percent to $627.7 million. Allegiant’s fourth quarter total revenue per available seat mile (TRASM) declined (2.6) percent versus Q4 2024 to 12.67 cents, while cost per available seat mile (CASM) increased 1.7 percent to 11.51 cents. Costs excluding fuel (CASM-ex) declined (3.4) percent year-over-year to 8.01 cents. At December 31, 2025, the company has $1.1 billion in available liquidity, including $838.5M in cash and investments, and $250.0M in undrawn revolving credit facilities.
In Wednesday’s announcement, Allegiant Travel Company’s CEO, Gregory Anderson, said,
“We closed out 2025 with meaningful momentum, and I’m extremely proud of how the team executed. We delivered a 12.9 percent adjusted airline-only operating margin in the fourth quarter, exceeding our initial guidance, despite the impact of the government shutdown. Demand accelerated sharply in December, driving a nearly six-point sequential improvement in year-over-year unit revenue versus the third quarter. At the same time, our relentless focus on efficiency produced more than a six percent reduction in unit costs for the full year, which we believe led the industry.
“Team Allegiant’s performance truly stands out. In 2025, we led the industry with a controllable completion factor of 99.9 percent. That commitment to running a safe, reliable operation shows up in our high customer satisfaction scores and was recognized externally as well with the Wall Street Journal naming Allegiant one of the Top U.S. Airlines of 2025, a true testament to the work our people do every day.
“As we enter 2026, the positive trends continue. We’re seeing strong demand to start the year and expect a 13.5 percent adjusted operating margin in the first quarter, representing more than a four-point improvement over the prior year. The commercial and operational initiatives we’ve discussed over the past several quarters, including the expansion of Allegiant Extra, ongoing technology modernization, and the growing contribution from our MAX aircraft, are now contributing meaningfully to our results. These efforts position us to generate full-year adjusted earnings per share of more than $8, an increase of 60 percent year-over-year.
“I am energized about the long-term trajectory of the company. Our recently announced agreement to acquire Sun Country represents an important step toward building the leading leisure carrier in the U.S., enhancing our position and accelerating our long-term value creation strategy.”
During the fourth quarter, Allegiant expanded their network by announcing 30 new nonstop routes and four new cities, La Crosse, Wisconsin, Philadelphia (Pennsylvania) Trenton (New Jersey), and Columbia (Missouri).
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant’s fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. Allegiant operates a fleet of Airbus A320 Family and Boeing 737 MAX Family aircraft.
Source: Allegiant Travel Company