ALGT Q3 2025 Earnings
Reported Nov 4, 2025 at 4:01 PM ET · SEC Source
Q3 25 EPS
$-2.09
MISS 16.42%
Est. $-1.80
Q3 25 Revenue
$561.9M
MISS 2.74%
Est. $577.8M
vs S&P Since Q3 25
+76.8%
BEATING MARKET
ALGT +85.0% vs S&P +8.2%
Market Reaction
Did ALGT Beat Earnings? Q3 2025 Results
Allegiant Travel fell short of Wall Street's expectations in Q3 2025, posting an adjusted loss of $2.09 per share against a consensus estimate of $1.80, a miss of 16.42%, as revenue of $561.93 million trailed the $577.76 million estimate by 2.74% and… Read more Allegiant Travel fell short of Wall Street's expectations in Q3 2025, posting an adjusted loss of $2.09 per share against a consensus estimate of $1.80, a miss of 16.42%, as revenue of $561.93 million trailed the $577.76 million estimate by 2.74% and came in essentially flat year-over-year, down just 0.1%. The headline numbers reflected a quarter shaped by competing forces: airline capacity grew 9.7% in available seat miles and carried 8.8% more passengers, but total revenue per available seat mile fell 8.4% to 11.19 cents as pricing could not keep pace with the capacity expansion. A pivotal strategic shift came with the September closing of the Sunseeker Resort sale for $200 million, fully exiting hospitality and concentrating the business on its airline core. Cost discipline provided meaningful offset, with adjusted CASM excluding fuel declining 4.7% year-over-year to 8.47 cents. Looking ahead, management raised full-year 2025 adjusted consolidated EPS guidance to more than $3.00, and guided Q4 adjusted EPS of $1.50 to $2.50, citing strengthening leisure demand heading into the holiday season.
Key Takeaways
- • CASM excluding fuel down 4.7% year-over-year in Q3, nearly 7% year-to-date
- • Peak aircraft utilization up 20% year-to-date approaching 2019 records
- • Efficient capacity growth without adding aircraft or personnel
- • 9.7% ASM growth matched by 10.0% utilization increase
- • Navitaire conversion benefits lifting load factors
- • Average fuel cost per gallon declined to $2.56 from $2.69 year-over-year
- • Co-brand credit card remuneration of $34M in Q3, $103.4M year-to-date
ALGT YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
ALGT Revenue by Segment
With YoY comparisons, source: SEC Filings
“The airline has always been Allegiant's central focus, and I'm proud of how Team Allegiant continues to execute at a high level. At an airline, everything begins and ends with running a safe and reliable operation. Impressively, we maintained our industry-leading controllable completion factor of 99.9 percent during the quarter while flying nearly 33,000 departures and transporting 4.6 million passengers - both marking third-quarter records.”
— Gregory Anderson, Q3 2025 Earnings Press Release
ALGT Earnings Trends
ALGT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ALGT EPS Trend
Earnings per share: estimate vs actual
ALGT Revenue Trend
Quarterly revenue: estimate vs actual
ALGT Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $3.49 | $3.77 | +8.08% | $732.4M | +2.24% |
| Q4 25 BEAT FY | $1.99 | $2.72 | +36.48% | $656.2M | +1.51% |
| FY Full Year | — | $3.80 | — | $2.61B | — |
| Q3 25 MISS | $-1.80 | $-2.09 | -16.42% | $561.9M | -2.74% |
| Q2 25 BEAT | $0.85 | $1.23 | +45.15% | $689.4M | +0.73% |