American Airlines Group Inc. (AAL) stock
Close on Oct 30, 2026Market cap $8.34BP/E –Yield –
Earnings
American Airlines's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of American Airlines's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Jan 26, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 22, 2026before the open | $16.30B | +19.0% | -$0.41 | -$0.28 | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 23, 2026before the open | $16.70B | +16.0% | $0.11 | $0.15 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 23, 2026before the open | $13.90B | +10.3% | -$0.58 | -$0.40 | Release |
| Q4 FY2025ended Dec 31, 2025 | Jan 27, 2026before the open | $14.00B | +2.2% | $0.15 | $0.16 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 23, 2025before the open | $13.70B | +0.7% | -$0.17 | -$0.17 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 24, 2025before the open | $14.40B | +0.7% | $0.91 | $0.95 | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 24, 2025before the open | $12.60B | 0.0% | -$0.72 | -$0.59 | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 23, 2025before the open | $13.70B | +4.9% | $0.84 | $0.86 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 24, 2024before the open | $13.60B | +0.7% | -$0.23 | $0.30 | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 25, 2024before the open | $14.30B | +1.4% | $1.01 | $1.09 | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 25, 2024before the open | $12.60B | +3.3% | -$0.48 | -$0.34 | Release |
| Q4 FY2023ended Dec 31, 2023 | Jan 25, 2024before the open | $13.06B | -1.0% | $0.03 | $0.29 | Release |
| Q3 FY2023ended Sep 30, 2023 | Oct 19, 2023before the open | $13.50B | – | -$0.83 | $0.38 | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 20, 2023before the open | $14.10B | +5.2% | $1.88 | $1.92 | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 27, 2023before the open | $12.20B | +37.1% | $0.02 | $0.05 | Release |
| Q4 FY2022ended Dec 31, 2022 | Jan 26, 2023before the open | $13.20B | +40.4% | $1.14 | $1.17 | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 11, 2022before the open | – | – | – | – | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 21, 2022before the open | $13.40B | – | $0.68 | $0.76 | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 21, 2022before the open | $8.90B | – | -$2.52 | -$2.32 | Release |
| Q4 FY2021ended Dec 31, 2021 | Jan 20, 2022before the open | $9.40B | – | -$1.44 | -$1.42 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 21, 2021before the open | $9.00B | – | $0.25 | -$0.99 | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 13, 2021during market hours | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 13, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Jan 28, 2021before the open | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 22, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
American Airlines's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Total revenue | Q4 FY2026 | +19.5% – +22.5% | – | New | Oct 22, 2026 |
| Adjusted loss per diluted sharenon-GAAP | Q4 FY2026 | -$1.10 – -$0.50 | – | New | Oct 22, 2026 |
| Available seat miles | Q4 FY2026 | +5.5% – +6.5% | – | New | Oct 22, 2026 |
| CASM excluding net special items, fuel and profit sharingnon-GAAP | Q4 FY2026 | +2.5% – +3.5% | – | New | Oct 22, 2026 |
| Adjusted earnings (loss) per diluted sharenon-GAAP | FY2026 | -$0.65 – $0.65 | -$0.40 – $1.10 | Lowered | Jul 23, 2026 |
| Adjusted loss per diluted sharenon-GAAP | FY2026 | -$1.60 – -$1.00 | – | New | Oct 22, 2026 |
| Free cash flownon-GAAP | FY2026 | $2.00B | – | New | Jan 27, 2026 |
| full-year tax rate | FY2026 | 25% | – | New | Jan 27, 2026 |
| full-year total adjusted nonoperating expensenon-GAAP | FY2026 | $1.25B | – | New | Jan 27, 2026 |
Guidance vs results
The last range American Airlines gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | Adjusted earnings (loss) per diluted share | -$0.70 – -$0.10 | -$0.28 | Within range |
| Q3 FY2026 | Revenue growth | +16% – +19% | +18.98% | Within range |
| Q2 FY2026 | Adjusted earnings (loss) per diluted share | -$0.20 – $0.20 | $0.15 | Within range |
| Q2 FY2026 | Revenue growth | +13.5% – +16.5% | +15.97% | Within range |
| Q1 FY2026 | Adjusted loss per diluted share | -$0.50 – -$0.10 | -$0.40 | Within range |
| Q1 FY2026 | Revenue growth | +7% – +10% | +10.32% | Above range |
| FY2025 | adjusted earnings per diluted share | $0.65 – $0.95 | $0.35Σ4Q | Below range |
| Q4 FY2025 | adjusted earnings per diluted share | $0.45 – $0.75 | $0.16 | Below range |
| Q3 FY2025 | adjusted loss per diluted share | -$0.60 – -$0.10 | -$0.17 | Within range |
| Q2 FY2025 | adjusted earnings per diluted share | $0.50 – $1.00 | $0.95 | Within range |
| Q1 FY2025 | adjusted loss per diluted share | -$0.40 – -$0.20 | -$0.59 | Below range |
| Q4 FY2024 | adjusted earnings per diluted share | $0.25 – $0.50 | $0.86 | Above range |
| Q2 FY2024 | adjusted earnings per diluted share | $1.15 – $1.45 | $1.09 | Below range |
| Q1 FY2024 | adjusted loss per diluted share | -$0.35 – -$0.15 | -$0.34 | Within range |
| Q3 FY2023 | adjusted earnings per diluted share | $0.85 – $0.95 | $0.38 | Below range |
| Q2 FY2023 | adjusted earnings per diluted share | $1.20 – $1.40 | $1.92 | Above range |
Guidance history
Every forecast American Airlines put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 22, 2026 | Adjusted loss per diluted share | FY2026 | -$1.60 – -$1.00 | New |
| Oct 22, 2026 | Adjusted loss per diluted share | Q4 FY2026 | -$1.10 – -$0.50 | New |
| Oct 22, 2026 | Available seat miles | Q4 FY2026 | +5.5% – +6.5% | New |
| Oct 22, 2026 | CASM excluding net special items, fuel and profit sharing | Q4 FY2026 | +2.5% – +3.5% | New |
| Oct 22, 2026 | Total revenue | Q4 FY2026 | +19.5% – +22.5% | New |
| Jul 23, 2026 | Adjusted earnings (loss) per diluted share | Q3 FY2026 | -$0.70 – -$0.10 | New |
| Jul 23, 2026 | Adjusted earnings (loss) per diluted share | FY2026 | -$0.65 – $0.65 | Lowered |
| Jul 23, 2026 | Available seat miles | Q3 FY2026 | +3% – +5% | New |
| Jul 23, 2026 | CASM excluding net special items, fuel and profit sharing | Q3 FY2026 | +2.5% – +4.5% | New |
| Jul 23, 2026 | Total revenue | Q3 FY2026 | +16% – +19% | New |
| Apr 23, 2026 | Adjusted earnings (loss) per diluted share | FY2026 | -$0.40 – $1.10 | Lowered |
| Apr 23, 2026 | Adjusted earnings (loss) per diluted share | Q2 FY2026 | -$0.20 – $0.20 | New |
| Apr 23, 2026 | Available seat miles (ASMs) | Q2 FY2026 | +4% – +6% | New |
| Apr 23, 2026 | CASM excluding net special items, fuel and profit sharing | Q2 FY2026 | +2% – +4% | New |
| Apr 23, 2026 | Total revenue | Q2 FY2026 | +13.5% – +16.5% | New |
| Jan 27, 2026 | Adjusted loss per diluted share | Q1 FY2026 | -$0.50 – -$0.10 | New |
| Jan 27, 2026 | Adjusted earnings per diluted share | FY2026 | $1.70 – $2.70 | New |
| Jan 27, 2026 | Free cash flow | FY2026 | $2.00B | New |
| Jan 27, 2026 | full-year tax rate | FY2026 | 25% | New |
| Jan 27, 2026 | full-year total adjusted nonoperating expense | FY2026 | $1.25B | New |
| Jan 27, 2026 | Available seat miles (ASMs) | Q1 FY2026 | +3% – +5% | New |
| Jan 27, 2026 | CASM excluding fuel, profit sharing and net special items | Q1 FY2026 | +3% – +5% | New |
| Jan 27, 2026 | Total revenue | Q1 FY2026 | +7% – +10% | New |
| Oct 23, 2025 | adjusted earnings per diluted share | FY2025 | $0.65 – $0.95 | New |
| Oct 23, 2025 | adjusted earnings per diluted share | Q4 FY2025 | $0.45 – $0.75 | New |
| Oct 23, 2025 | free cash flow | FY2025 | $1.00B | New |
| Jul 24, 2025 | adjusted loss per diluted share | Q3 FY2025 | -$0.60 – -$0.10 | New |
| Jul 24, 2025 | adjusted earnings (loss) per diluted share | FY2025 | -$0.20 – $0.80 | Lowered |
| Apr 24, 2025 | adjusted earnings per diluted share | Q2 FY2025 | $0.50 – $1.00 | New |
| Jan 23, 2025 | adjusted loss per diluted share | Q1 FY2025 | -$0.40 – -$0.20 | New |
| Jan 23, 2025 | adjusted earnings per diluted share | FY2025 | $1.70 – $2.70 | New |
| Oct 24, 2024 | adjusted earnings per diluted share | Q4 FY2024 | $0.25 – $0.50 | New |
| Oct 24, 2024 | adjusted earnings per diluted share | FY2024 | $1.35 – $1.60 | Raised |
| Jul 25, 2024 | adjusted earnings per diluted share | FY2024 | $0.70 – $1.30 | Lowered |
| Apr 25, 2024 | adjusted earnings per diluted share | Q2 FY2024 | $1.15 – $1.45 | New |
| Apr 25, 2024 | adjusted earnings per diluted share | FY2024 | $2.25 – $3.25 | Reaffirmed |
| Jan 25, 2024 | adjusted loss per diluted share | Q1 FY2024 | -$0.35 – -$0.15 | New |
| Jan 25, 2024 | adjusted earnings per diluted share | FY2024 | $2.25 – $3.25 | New |
| Oct 19, 2023 | adjusted operating margin | Q4 FY2023 | 2% – 4% | New |
| Oct 19, 2023 | adjusted operating margin | FY2023 | 7% | New |
| Jul 20, 2023 | adjusted earnings per diluted share | Q3 FY2023 | $0.85 – $0.95 | New |
| Jul 20, 2023 | adjusted earnings per diluted share | FY2023 | $3.00 – $3.75 | Raised |
| Apr 27, 2023 | adjusted earnings per diluted share | Q2 FY2023 | $1.20 – $1.40 | New |
| Apr 27, 2023 | adjusted earnings per diluted share | FY2023 | $2.50 – $3.50 | Reaffirmed |
| Jan 26, 2023 | adjusted earnings per diluted share | FY2023 | $2.50 – $3.50 | New |
| Oct 11, 2022 | operating margin | Q3 FY2022 | 7% | New |
| Oct 11, 2022 | effective tax rate | Q3 FY2022 | 25% | New |
| Oct 11, 2022 | pre-tax margin | Q3 FY2022 | 4.5% | New |
| Oct 11, 2022 | total revenue per available seat mile (TRASM) | Q3 FY2022 | +25% | New |
| Oct 11, 2022 | CASM | Q3 FY2022 | +14% | New |
| Oct 11, 2022 | cost of fuel | Q3 FY2022 | $4 – $4 | New |
| Oct 11, 2022 | total revenue | Q3 FY2022 | +13% | Raised |
| Jul 21, 2022 | total revenue | Q3 FY2022 | +10% – +12% | New |
| Apr 21, 2022 | capacity | Q2 FY2022 | 92% – 94% | New |
| Apr 21, 2022 | total revenue | Q2 FY2022 | +6% – +8% | New |
| Jan 20, 2022 | capacity | Q1 FY2022 | -10% – -8% | New |
| Jan 20, 2022 | total revenue | Q1 FY2022 | -22% – -20% | New |
| Oct 21, 2021 | pre-tax margin excluding net special items | Q4 FY2021 | -18% – -16% | New |
| Oct 21, 2021 | capacity | Q4 FY2021 | -13% – -11% | New |
| Oct 21, 2021 | total revenue | Q4 FY2021 | -20% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases American Airlines filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Update
- Update
- Results
- Results
- Update
- Update
- Results
- Results
- Results
- Results
- Results