Allegiant Travel Company closed out 2025 with strong momentum, reporting a GAAP diluted earnings per share of $1.73 and an adjusted airline-only diluted earnings per share of $2.72 for the fourth quarter. The company achieved a 12.9 percent adjusted airline-only operating margin, exceeding initial guidance, and saw a 7.6 percent year-over-year increase in total airline-only operating revenue. Full-year adjusted diluted earnings per share reached $3.80.
Allegiant Travel Company experienced a challenging second quarter in 2025, reporting a net loss of $65.2 million and a GAAP diluted loss per share of $(3.62). Despite a 3.5% increase in total operating revenue to $689.4 million, operating expenses surged by 19.9%, largely due to $117.9 million in special charges, predominantly from the Sunseeker Resort sale. The airline segment, however, showed an adjusted operating margin of 8.6% and improved unit costs excluding fuel and special charges.
Allegiant Travel Company reported a successful first quarter of 2025 with increased revenue and significant improvement in operating and net income compared to the prior year. The company achieved a strong airline-only operating margin despite macroeconomic uncertainties impacting domestic demand.
Allegiant Travel Company reported a GAAP diluted loss per share of $(12.00) for Q4 2024. However, the company's adjusted airline-only diluted earnings per share was $3.00, and adjusted diluted earnings per share was $2.10. Total operating revenue increased by 2.7% year-over-year to $627.7 million. The results were influenced by a one-time impairment charge related to Sunseeker Resort.
Allegiant Travel Company reported a challenging third quarter with a GAAP diluted loss per share of $(2.05). Despite headwinds from Crowdstrike and Hurricane Helene, the airline saw sustained demand and positive unit revenues in the final weeks of the quarter. Ancillary revenue per passenger increased to $74.02, driven by the Allegiant Extra product and cobrand credit card.
Allegiant Travel Company reported a decrease in total operating revenue and a significant decrease in net income for Q2 2024 compared to Q2 2023. The company faced challenges including increased operating expenses and special charges, though ancillary revenue and operational performance remained strong.
Allegiant Travel Company reported its Q1 2024 financial results, with a GAAP diluted loss per share of $(0.07). Excluding special charges, the diluted earnings per share was $0.57. The company's total operating revenue increased by 1.0 percent year-over-year to $656.4 million.
Allegiant Travel Company reported a roughly flat total operating revenue year-over-year. The company saw a GAAP diluted loss per share of $(0.13), but a diluted earnings per share, excluding special charges, of $0.11. The Sunseeker Resort officially opened on December 15, 2023.
Allegiant Travel Company reported a net loss of $25.1 million, or $(1.44) per share, for the third quarter of 2023. However, excluding special charges, the company had diluted earnings per share of $0.09. Total operating revenue increased by 0.9% year-over-year to $565.4 million.
Allegiant Travel Company reported a strong second quarter in 2023, with a record $683.8 million in total operating revenue, an 8.6% increase year-over-year. GAAP diluted earnings per share were $4.80. The company achieved industry-leading operational performance with a controllable completion factor of 99.7%.
Allegiant Travel Company reported strong financial results for Q1 2023, with a diluted earnings per share of $3.09. The company saw a 30% increase in total operating revenue year-over-year, reaching $650 million. The airline's operational performance was strong, with a controllable completion rate of 99.9 percent.
Allegiant Travel Company reported a net income of $52.5 million, with a diluted earnings per share of $2.87 for the fourth quarter of 2022. Total operating revenue increased by 32.6% compared to 2019, driven by a record TRASM of 14.03 cents. The company's adjusted operating margin was nearly 16% for the quarter.
Allegiant Travel Company reported a loss for the third quarter of 2022, with a GAAP diluted loss per share of $(2.58). However, the company saw a total operating revenue increase of more than 28 percent as compared with 2019. Demand continues to outpace 2019, and forward bookings into the upcoming holiday season are tracking at higher loads and significantly higher yields than at this point in 2019.
Allegiant Travel Company reported strong second-quarter results with record revenue, driven by surging demand. Total operating revenue increased by 28.1% compared to 2019. However, earnings per share were pressured by heightened fuel prices and a challenging operating environment.
Allegiant Travel Company reported a loss before income taxes of $10.6 million and a GAAP operating income of $7.2 million for the first quarter of 2022. Despite a nearly 40 percent increase in the cost per fuel gallon, the company achieved a 21 percent operating margin during March. Total operating revenue was $500.1 million, up 10.7 percent compared to 2019.
Allegiant Travel Company reported a GAAP diluted earnings per share of $0.59 for the fourth quarter of 2021. Total operating revenue increased by 7.8% compared to the fourth quarter of 2019, reaching $496.9 million. The company faced operational challenges due to the Omicron variant, resulting in flight cancellations and increased irregular operations expenses.
Allegiant Travel Company reported a net income of $39.3 million, with a diluted earnings per share of $2.18. Total operating revenue reached $459.5 million, marking a 5.3% increase compared to the third quarter of 2019. The company experienced strong demand during the peak summer travel period, although a slowdown occurred due to the delta variant spike. Despite operational challenges, Allegiant's balance sheet remains strong with total liquidity of $1.1 billion.
Allegiant Travel Company reported a GAAP fully diluted earnings per share of $5.49 for the second quarter of 2021. Total operating revenue was $472.4 million, a 254.3% increase compared to the same quarter in the previous year, but a 3.9% decrease compared to the second quarter of 2019. The company's strong liquidity position, with $1.2 billion in cash on hand, supports future growth initiatives, including fleet expansion and the launch of a new loyalty program.
Allegiant Travel Company reported a GAAP earnings per share of $0.42 for the first quarter of 2021. The company restored capacity to pre-pandemic levels and saw improved booking trends towards the end of the quarter. They anticipate continued revenue growth throughout 2021.
Allegiant Travel Company reported a net loss of $28.8 million for Q4 2020, with total operating revenue of $246.6 million. The adjusted loss per share was $1.12, an improvement compared to Q2 lows. The company finished the quarter with a load factor of 58.2 percent, the highest since the onset of the pandemic.
Allegiant Travel Company reported a GAAP fully diluted loss per share of $(1.82) for the third quarter of 2020. The company's total operating revenue was $201.0 million, a 54.0% decrease compared to the previous year. The airline saw modest improvements during the quarter and into the fourth, with consumer confidence towards air travel improving.
Allegiant Travel Company experienced a turbulent second quarter due to the COVID-19 pandemic, with a substantial decrease in total operating revenue and a GAAP fully diluted loss per share. The company focused on managing capacity, cutting costs, and strengthening its liquidity position to navigate the uncertain environment. Despite the challenges, Allegiant maintained a broad network and saw progressive improvement in revenue throughout the quarter, with June bookings resulting in cash breakeven for the month.
Allegiant Travel Company faced significant challenges in Q1 2020 due to the COVID-19 pandemic, which led to a steep decline in demand starting in late February. Despite these challenges, Allegiant managed to achieve an airline-only EPS of $1.89 and an operating margin of 12.6%. The company responded swiftly by implementing measures to enhance health and safety, reduce capacity, and preserve liquidity, including voluntary leave programs and pay reductions.
Allegiant Travel Company reported strong Q4 2019 financial results, marked by a 45.3% increase in diluted earnings per share to $3.72 and a 46.9% increase in operating income to $92.7 million. The airline's success was attributed to its team members and the transition to an all-Airbus fleet, which has improved operational efficiency and profitability.