Allegiant Q3 Revenue Hits $961.6M as Fuel Costs Jump 55.5%
Las Vegas – November 04, 2026 -- Allegiant Travel Company (NASDAQ: ALGT) generated third-quarter 2026 operating revenue of $961.6M and an adjusted operating margin of 3.1%, up 3.4 percentage points year over year on a pro forma basis, even as fuel cost per gallon rose 55.5%. The carrier posted a GAAP loss of $0.56 per share and an adjusted diluted loss of $0.03 per share.
Pro forma unit revenue rises 28.3% on 5.7% less capacity
Record third-quarter TRASM reached 14.18 cents, up 28.3% year over year, while pro forma capacity fell 5.7%. Management cut capacity to protect margins in a high-fuel environment. Adjusted operating income totaled $29.8M, and adjusted EBITDA reached $110.9M, an 11.5% margin and 1.6 points better than the prior year on a pro forma basis. Adjusted loss before income taxes was $1.7M.